Report: Nevada among top states for mortgage fraud

Mortgage fraud is rising nationally and remains more active in Nevada than in almost every other state, a new report shows.

Some 74 percent of U.S. home loans last year involved some kind of fraud or misrepresentation on the application, up from 69 percent in 2012 and 61 percent in 2011, according to LexisNexis Risk Solutions.

Continue reading at VegasInc.com.

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Financial Fridays (Aired December 12, 2014)

Friday, December 12th at 3 pm on KLAV 1230 AM we had a great line up of guests for our weekly Financial Fridays show. Mike Rosten, the Principal who leads PBTK’s forensic accounting and litigation support practice, was the guest-host this week. Listen to the show.

Our guests included:

Kelley Long, CPA is a sought-after personal finance expert who is recognized for her gift of breaking complicated financial concepts down into simple terms. She delights in helping American take small but effective steps toward gaining control of their money and their lives and uses this expertise to inform her work as the Director of Communications and Marketing for a Chicago-based accounting firm.

Clare K. Levison is a certified public accountant and national financial literacy spokesperson for the American Institute of Certified Public Accountants (AICPA). She has appeared on major radio and television networks across the country and has served as a member of the Virginia Society of Certified Public Accountants (VSCPA) Board of Directors. She was named one of the 2010 Top Five CPAs Under Thirty-Five by the VSCPA. Clare has more than a decade of corporate accounting experience and is also an active volunteer, serving as PTA president, Girl Scout leader, and Sunday school teacher. She lives in Blacksburg, Virginia, with her husband and two daughters.

John Restrepo is the Principal of RCG Economics in Las Vegas, Nevada, where he directs the firm’s economic and financial consulting activities. For eight years, John was the Director of Financial Advisory Services in Las Vegas for Coopers & Lybrand LLP. Before joining Coopers & Lybrand in 1990, he managed the Las Vegas office of Mountain West Research, a regional economics firm based in Phoenix, Arizona. Prior to Mountain West, he was the Chief Operating Officer of a 40-person regional planning and civil engineering firm based in New Orleans. For 28 years, John has analyzed regional economic and real estate trends in a number of markets, including Nevada, Arizona, California, Texas, and the Southeast U.S. His clients include some of the most prominent private and public organizations in Nevada concerned with development and growth.

Mark Stark, CEO/Owner of Berkshire Hathaway Home Services, was named Prudential Real Estate’s 2013 Broker of the Year at its annual convention in Las Vegas.

If you have any questions about anything discussed on the show, or if you would like to be a guest, please contact Financial Fridays host Scott Taylor at staylor@pbtk.com or 702-384-1120. Scott W. Taylor’s tax practice focuses on services for a wide range of clients including real estate partnerships, limited liability companies, large and small closely-held corporations and not-for-profit organizations. He started with PBTK in 1992 and was made a Shareholder in January 2005. In addition to his tax work, he also provides services for business consulting, deal structuring, receivership and litigation support services.