Timothy Ricks & 11 Others Profited In Mortgage Scam Using Fake Docs To Get Mortgages For Straw Buyers Timothy Ricks, 47, East Orange, New Jersey, was sentenced to 84 months in prison for conspiring to defraud financial institutions and launder stolen funds as part of a $15 million mortgage fraud scam that used phony documents […]
Fraudster Gets 7 Year In Slammer For $15M Mortgage Scam Read Post »
Contrary To What The Prosecutor May Allege, You Committed Mortgage Fraud, Doesn’t Mean You’re Guilty. Clients accused of mortgage fraud tell MFI-Miami they didn’t know they were committing a crime. In most cases, mortgage fraud suspects are usually right. The fraud is in the imagination of the prosecutor or U.S. Attorney with political ambitions. Most
So, You’re Being Investigated For Mortgage Fraud? Read Post »
Organized Crime Has Become the Bankers’ Best Friend Rowan Bosworth-Davies wrote a great piece on his Rowans Blog site about how organized crime has become the banker’s best friend. At a time of significant financial crisis, banks are always looking for ways to maintain their profit margins and encourage inward deposit-taking. Despite stringent anti-money laundering laws,
Why Organized Crime Has Become the Bankers’ Best Friend Read Post »
MFI-Miami Was Mentioned In A Piece About Developer’s Plan to Buy Belle Isle for $1 Billion and Secede From Michigan Steve Neavling, Motor City Muckraker Prominent Republicans in Michigan will gather soon to hear a plan for investors to buy Belle Isle from the city of Detroit for $1 billion and turn the island park
MFI-Miami Is Quoted In A Great Piece On The Motor City Muckraker Read Post »
Plutocrats Receiving Corporate Welfare Want Detroit Park To Have “Commonwealth” Status With It’s Own Laws, Currency & Tax Code A group of plutocrats receiving corporate welfare have hatched an idea. They want to buy an the Belle Isle park nestled on the Detroit River long the U.S.-Canadian border for $1 Billion. They claim they are
