Wednesday, August 27, 2008

Victim Or Suspect: NBA Player Finds Himself At Center Of Detroit Cash Back Mortgage Fraud Investigation

In Detroit, Michigan, The Detroit News reports:
  • A Waterford Township man says veteran Detroit Pistons guard Lindsey Hunter was a key figure in a mortgage fraud that left him broke, ruined his credit rating and wrecked his marriage. "If this had been anybody else, you know I wouldn't have gone for this," Bruce McClellan said of a deal in which he said he was promised a $350,000 profit for signing documents in connection with the purchase of a pricey home in Bloomfield Hills. "I just figured he wouldn't do anything like this," said McClellan, who was interviewed by the FBI in July.

  • Hunter, who could not be reached for comment Monday, has complained to the Wayne County Sheriff's Department that he was a victim -- not a perpetrator -- of fraud, a Sheriff's spokesman and Hunter's attorneys said Monday. "We do have an open investigation that involves some business dealings that involve Lindsey Hunter as a potential fraud victim," spokesman John Roach said. The complaint was made in February by either Hunter or someone representing him, Roach said.

For more, see Hunter: Mortgage fraud victim or suspect? (Conflicting reports place Detroit Pistons guard at center of FBI investigation into questionable deal).

See also The Detroit Free Press: FBI probing Lindsey Hunter's role in real estate deal (Waterford man charges he was duped into buying house).