Trec warns public of RE Brokerage Scams in DFW

The TREC Standards and Enforcement Services Division (TREC) has received complaints against a group of individuals and companies that have been doing business in the Dallas/Fort Worth area. The individuals and companies named in the complaints represent themselves as real estate agents and real estate brokerage companies but do not hold Texas real estate licenses. The public should be aware, owners of real property, tenants, buyers, and investors claim to have lost large sums of money related to the group's real estate schemes.