Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Saturday, February 16, 2013
Man Who Allegedly Hijacked Possession Of Unoccupied Home From Out-Of-Town Owner, Then Ran Online Scam To Pocket $4,500 In Rent From Duped Tenants Pinched On Felony Theft By Deception Charges
In Conyers, Georgia, the Rockdale Citizen reports:
A man who allegedly rented someone else's house to two tenants is in the Rockdale County Jail charged with two counts of felony theft by deception.
Patrick Henry Stuart, 43, of 3107 Baywood Court, Conyers, was arrested Feb. 8 on warrants that were taken out as part of an investigation that began in December. Prior to his arrest, police said Stuart was believed to be in Texas.
According to a report by the Conyers Police Department, the owner of a house at 1526 Evergreen Hollow went to the property on Dec. 20 where he had scheduled to have some repairs made. When the man, who lives in Florida, arrived, he reportedly found a family living there illegally.
Police investigated and learned that the house had been leased to two sisters who said they signed a rental agreement in November. Stuart, who was known to the sisters as Jamere Stuart of Real Foreclosure Solutions, was identified as the man who rented them the house.
According to one of the sisters, they had found the property online. The sisters reportedly had paid $4,500 in rent. They provided police with a copy of the rental agreement and receipts for money cards that they got at Walmart to pay the rent.
The owner of the house said that the stainless steel refrigerator and stove that he had installed in the house were missing.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
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