Tuesday, January 29, 2008

Alleged $1.28M Mobile Home Investment Swindle Nothing More Than Unrepaid Loans, Says Fraud Suspect

In Bartow, Florida, The Ledger reports:
  • Pamela Akins Pitts admits she owes a few people money from some failed mobile home sales deals. But she says she does not owe the $1.28 million for which she has been charged with defrauding nine people."These people were my friends," said she recently during an interview in the Polk County Jail. [...] Arrested Dec. 21, Pitts, 48, is sitting in jail facing charges of scheming to defraud more than $100,000, three counts of grand theft over $100,000, two counts of grand theft over $20,000, grand theft over $300, and violation of Florida's money laundering act.

For more, see No Fraud, Just Loans, She Says.