Saturday, August 30, 2008

Alabama Man Nearing Foreclosure Charged With Having Home Torched To Pocket Insurance Cash

In Pell City, Alabama, The Daily Home reports:

  • A man was arrested and charged with the July 21 arson of his mobile home. Authorities identified the man as Sheldon Dale Franklin, 47, [...]. He was charged with the second-degree arson of his home.

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  • [St. Clair County Sheriff Terry Surles] said the sheriff’s department received a tip that authorities needed to take a closer look at the July 21 house fire, which destroyed the double-wide mobile home Franklin resided. Surles said the mobile home was about to go into foreclosure, and Franklin allegedly paid some people to burn his home down to collect the insurance money. “He already received some insurance money,” Surles said.

For the story, see Man charged with arson of his mobile home.

For other stories on fires & foreclosures, go here, go here, go here, go here, and go here. ArsonForeclosureAlpha