Monday, June 08, 2009

Judge Throws Alleged Foreclosure Rescue Scammer In Jail; Accused Of Engaging In Real Estate Business While Awaiting Criminal Trial, Violating Bond

In Orange County, Florida, WFTV Channel 9 reports:
  • The accused ringleader in a major mortgage fraud case is back in jail because of an Eyewitness News investigation that found he was already back in business even though he was out on bond. Friday, a judge revoked it. It's become a familiar feeling for John Pavao of Windermere. Bailiffs slapped cuffs on him again and took him back to jail less than three months after he got out on bond.

  • Prosecutors said Pavao just couldn't help himself. Eyewitness News first discovered signs he was getting back into real estate, even before he goes on trial for $6 million in mortgage fraud. Investigators say he offered to help people in financial trouble, but then took their homes. [... T]he judge said that testimony proved Pavao was trying to buy real estate, a clear violation of his bond. [...] John Pavao could remain locked up until he goes to trial later this year. His wife and daughter are also accused in the mortgage fraud, but they're still out on bond.

For more, see Accused Mortgage Fraud Ringleader Back In Jail.

For an earlier post on the pending charges, see Central Florida Foreclosure Rescue Operators With Massachusetts Connections Charged With Grand Theft, Racketeering In Alleged Equity Stripping Scam.