Thursday, July 21, 2011

Bad Publicity Begins For Recently-Elected (& Possibly Mortgage Industry-Owned) Fla. AG After Giving Noted F'closure Fraud Fighters Unceremonious Boot

The Orlando Sentinel reports:
  • A few months ago, two of Florida's assistant attorneys general were blowing the lid off foreclosure fraud in this state. They were turning up evidence of bogus paperwork, exposing the law firms and lenders at fault — and making them pay.


  • If the world of investigatory accounting had rock stars, Theresa Edwards and June Clarkson were Beyonce and Lady Gaga. Right up until they were ousted, anyway.


  • At the height of their popularity, when Edwards and Clarkson were generating national headlines — and making profiteers nervous — Attorney General Pam Bondi's office asked them to leave.


  • So said Edwards, who recalled: "Our director called us in at 3:30 one Friday afternoon and said: 'You can either resign today, or you're going to be fired.'"


  • The news came on the heels of a performance review filled with praise. "Obviously we did our job too well," Edwards said. "We were making too much noise."


  • Bondi's office won't say why the two were ousted — or even confirm that they were. Instead, the office stresses that the two attorneys "resigned." Spokeswoman Jennifer Meale said her office is as committed as ever to rooting out financial fraud. "The resignations of these two individuals will not impede these investigations," Meale said. "In fact, we are more aggressively pursuing these investigations."


  • Edwards found that claim interesting — since neither she nor Clarkson were even allowed to brief anyone else in the office on the year's worth of work. "I couldn't even write a memo," she recalled.

For more, see Attorney general's ouster of 2 top investigators raises troubling questions.