Thursday, May 3, 2007

Our Fine Media At Work

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.

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.
Well, hopefully this attention will get the "authorities" to crack down on scam artists like this and Casey.

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:

Anonymous said...

First and Murst!

Nigel's Guest Blogger said...

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!

Anonymous said...

Casey web site is down :-)

Anonymous said...

...urst....urst...urst....