Thursday, June 5, 2014
Real Estate Guru Randy Poulson Arrested for $3 Million Fraud
Real estate guru Randy Poulson has been arrested by the FBI in New Jersey for swindling $3 million from more than fifty of his own students and other investors.
Watch the video above from a local news station announcing his arrest and you can see Mr. Poulson teaching his students all about subject-to "Get The Deed" and other foreclosure rescue investing.
Then read the criminal complaint filed in the U.S. District Court of New Jersey against Poulson.
In the world of creative real estate and get-rich-quick gurus, this is nothing new.
Deja vu all over again.