Saturday, September 12, 2009

Arizona Vendor Of Items Stripped From Foreclosed Homes Faces Sentencing This Month; Used Craigslist, Consignment Shop, Estate Sales To Unload Goods

In Fountain Hills, Arizona, The Arizona Republic reports:
  • A Fountain Hills man will be sentenced later this month for stripping foreclosed homes of their appliances, a crime which officials say is rapidly on the rise. Mark Sydnor, 54, was a middleman in the sale of items from foreclosed homes, according to a fraud task force investigating that and similar crimes. He sold anything that could be knocked out of the home - like cabinets, counters, doors - and would sell them on Craigslist, on online sales site. Whatever Sydnor couldn't sell over Craigslist he would sell at his consignment shop - also in Fountain Hills - or in estate sales, authorities said, keeping keep 25% of the profit and giving the rest to the owners of the home.

For more, see Fountain Hills man in appliance thefts to be sentenced. foreclosure fixture stripping apple foreclosure stripping