Loading...
Market
Will Arbor Realty Trust's stock price fall by more than 50% by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Stock price data from financial markets
Story
DOJ, FBI Investigate Arbor Realty Trust Over Lending Practices and Loan Book Fraud
Jul 12, 2024, 01:31 PM
Federal prosecutors and the FBI in New York are investigating Arbor Realty Trust over its lending practices and loan book. The probe, which also involves the DOJ, follows allegations of fraudulent activities, including undisclosed related party deals and misrepresentation of loan values. Arbor has been accused of concocting a fraudulent scheme on West Chase and faces scrutiny from short sellers like Viceroy Research. The investigation comes amid a broader crackdown on commercial real-estate fraud, driven by falling property values and rising defaults. Arbor has not commented on the ongoing investigations. The situation involves multifamily properties.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
Decrease • 25%
Above 10% of pre-fire level • 33%
Within 10% of pre-fire level • 33%
Below 10% of pre-fire level • 33%
Recover to pre-incident levels • 33%
Exceed pre-incident levels • 33%
Remain below pre-incident levels • 34%