SACRAMENTO, Calif. -- A real estate investment scheme that has left many Elk Grove homes in foreclosure is now contributing to falling property values in the area, a KCRA 3 investigation has found.Well, hopefully this attention will get the "authorities" to crack down on scam artists like this and Casey.
KCRA 3 earlier this week uncovered that a group of loan officers and mortgage brokers lied on loan applications to qualify investors for a total for more than $9 million in loans that the investors could not afford.
The investigation exposed how Jim Martin and his business partners at VFM Investment Group falsified loan applications and listed investors as employees of the company in an attempt to defraud lenders out of millions of dollars.
Hell, this makes Casey the king fliptard, it took a crew of many to get 9 million in fradulent loans, it took just one Casey Serin to get 2.2.
Congratulations Casey and our fine media for finally finding that needle in a haystack that is mortgage fraud.
4 comments:
First and Murst!
that's usually a one-man race around this part of town... so if you want to play it, you should include the echo that would accompany the mursts!
Casey web site is down :-)
...urst....urst...urst....
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