Former KBS Auditor Sentenced to Prison for Embezzlement

Former KBS Auditor Sentenced to Prison for Embezzlement

KBS Realty Advisors’ former chief auditor, Varun Aggarwal, has been sentenced to 33 months in prison for embezzlement, the U.S. Department of Justice announced Thursday.  Aggarwal pleaded guilty in August to stealing... Read more »
KBS REIT warns shareholders it could go out of business

KBS REIT warns shareholders it could go out of business

A KBS Realty Advisors fund could crash and burn. KBS Real Estate Investment Trust III, based in Newport Beach, is warning its business may soon fizzle out, the Dallas Morning News reported,... Read more »