Friday, February 19, 2010

Pair Sought On Charges Of Securing Execution Of Document By Deception In Connection With Possible Rent Skimming Scam Leaving Victims Facing F'closure

From a press release from the Midland, Texas Police Department:
  • The White Collar Division of the Midland Police Department is in the final stages of an investigation involving several citizens who were defrauded by people who purchased residences from them under false pretences. The citizens found out that the business was not making payments on mortgages as was their original agreement, placing them further into debt - a type of real estate fraud.

  • Jason Morrison and Marcus Rosenberg with Vanguard Properties purchased homes from unsuspecting victims, four persons, who are now close to foreclosure on their homes. On February 11, 2009, warrants were issued for Morrison (3-08-76) and Rosenberg (3-25-76) for Securing Execution of Document by Deception. Morrison was arrested on February 12, 2009, and Rosenberg, and Odessa resident, is still outstanding. The Midland Police Department White Collar Division is asking that any citizens who feels they might have been a victim, to contact police. Victims can contact the Midland Police Department White Collar Division at 685-7108.

Source: Midland Police Arrest One in a Real Estate Fraud Investigation.