Who is Robert Flaxman? What was his net worth at the time of his death?

Scams all over the world always leave an unforgettable impact on the human mind in general. However, some of the international scams made the scammers well-known globally for the deeds they have done. Recently, Robert Flaxman, a Beverly Hills real estate developer who lost his life by suicide was an infamous scammer. He played a major role in the 2019 college admissions scam.

Here is everything about Robert Flaman, his Net worth, and his reason for suicide!

Who is Robert Flaxman?

Robert Flaxman was a highly popular Real estate agent and commercial developer based out of America. He gained popularity in negative terms when his name came out in the 2019 college admissions scam.

He pleaded guilty in 2019 to conspiring with William “Rick” Singer, the mastermind behind the “Varsity Blues” college admissions scandal. Flaxman’s death comes as the scandal continues to make headlines, with new details emerging about the lengths that parents will go to get their children into the nation’s top colleges. While the extent of Flaxman’s involvement in the scandal is not completely known, his death highlights the human toll of this ongoing saga.

What is the reason behind Robert Flaxman’s death?

It is being said that Robert Flaxman committed suicide last week on October 20th at his house located in Malibu. At the time of his death, the age of Flaxman was around 66 years. The Medical Examiner, Coroner from Los Angeles County, put an end to the case after he passed away on October 20 at his home. The real reason for his committing suicide is unknown although he had a history suffering of from depression.

What was the net worth of Robert Flaxman at the time of his death?

Robert Flaxman has been a popular realtor in America, and he also bagged a lot of money while doing the same. This has been one of the most frequently asked questions since the time of Flaxman’s demise. At the time of his death, the net worth of Robert Flaxman is estimated to be around between $5 million to $17 million. Sources reveal that his company portfolio was of around $600 million before his arrest.

How were Robert Flaxman’s early life and family?

Robert Flaxman was born in 1956, and he is known as a Famous American Politician, Entrepreneur, and former Winnipeg City Councilor. His birthplace was Los Angeles, California, United States. He is also the CEO of Crown Realty and Development, which creates commercial property in North Carolina, Arizona, California, and elsewhere. His organization makes around $1 billion in terms of property. According to a Latimes post in 2020, he sold two Beverly Hills mansions for a total amount of $34 million. 

What was the college admissions scam in 2019?

Family of wealthy real estate businessman Robert Flaxman leaving #LosAngeles federal court. Flaxman is one of the 13 indicted in #CollegeCheatingScandal. @KNX1070 pic.twitter.com/YtxDB2BiYP

— Craig Fiegener (@CraigNews3LV) March 13, 2019

According to the sources Robert Flaxman, along with William ‘Rick’ Singer, were the main masterminds behind the Varsity Blues college admissions scandal. Flaxman has also accepted that he paid around $75,000 to Singer to make her daughter qualify for the ACT examination. Citing that, he was sentenced to jail for one month, along with a $50,000 fine. In addition, he was also asked to offer 250 hours of community service too. He took this step because Singer told him that his daughter would not get admission to any college if she were unable to score well in the ACT examination. 

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We may never know exactly how Robert Flaxman made his money, but we do know that he was a very shrewd businessman. He will be missed by his loved ones and many people who know him. Hope you liked this article, be sure to check out our other articles of your interest. And if you have any questions or comments, feel free to write in the comment box, we’d love to hear from you!