Friday, July 20, 2012

And we didn't even get a chance to thank them...

I often get asked...Race, what's the most rewarding part of your job?  Being a bodyguard to one of the world's top minds?  Piloting any type of aircraft imaginable?  Taking on adventure all over the world?




Yes.


But, I can only imagine what it feels like to take down a scheme of "white collar" bandits.  After years of reading documents, interviewing witnesses - trying to figure out of they are victims or criminals...and doing math!

The investigators that battle these foes are the true heroes.  Their enemy dresses like civilians, lives and works among us, and steals from us all!  They wear masks, disguised as lawyers, real estate agents, accountants, etc.  One must be an expert to catch them, the good ones that is...


Public Defender Seth Fuscellaro arrested by FBI in Lower Township


"Federal authorities arrested 11 people — including Lower Township Public Defender Seth A. Fuscellaro and a real estate agent — in Cape May County, on Thursday as part of a $15 million mortgage fraud scheme involving condominium units in the Wildwoods as well as other locations in New Jersey and Naples, Fla..."


“This case illustrates not only the seriousness of mortgage fraud, but also our focus on eliminating the criminal element from our markets to protect the health of our wider economy.”


"The conspirators could show an elevated sale price, on paper, that was much higher than the owner’s real price and then get a loan for the higher amount. Authorities said they paid the straw purchasers for their part in the scheme. False documents including W-2s, pay stubs, bank statements, retirement accounts and cancelled rent checks were allegedly created to make the purchasers look more credit worthy. The purchasers never had to pay a deposit, closing costs, or make a mortgage payment...."


But wait, it wasn't all shirts and ties...


"...One has been charged with attempted murder in a plot hatched in Ocean County but carried out in the woods of Alabama. A straw buyer, who had received a subpoena to testify in the case, was shot multiple times but survived."

5 comments:

Mrs. Bannon said...

Another sign of the times...

Mrs. K said...

That video was rather violent. It scared me. :>)

Those "crooks" are no better than BO. Or, BO is no better than them.

Tyler Rice said...

Three Words: Death to Pigmies.

Anonymous said...

The case against this attorney was dismissed. Update your story. Innocent until proven guilty.

Race Bannon said...

Awesome, if he is innocent, than its justice for him!