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Real estate fraud ringleaders sent to prison, SEC targets sales agent in case

West Palm Beach couple sentenced in $56 million real estate fraud scheme targeting investors

June 26, 2026 · 0 signals

A married couple who led a $56 million real estate scheme was sentenced to prison, as a new civil lawsuit accuses a third person for his role in the massive fraud that duped investors, many of them losing their retirement funds, according to court records.  Janalie Camille Bingham, who also goes by Janalie Camille Joseph, and her husband, Jean Joseph, were sentenced this month after pleading guilty this year to charges tied to the scheme they allegedly ran through Bingham’s West Palm Beach-based firm Wells Real Estate Investment.  They were accused of inducing people to invest in properties, marketing the […] This article originally appeared on The Real Deal. Click here to read the full story.

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