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.
Tuesday, September 22, 2015
Attorney Who Gave Up Bar Ticket Pending Accusations Of Misappropriating Client Cash, Fraud, Forgery. Etc. Cops Plea In Unrelated Case For Stealing Ex-Boyfriend's $1M+ Home; Dodges Prison Time (Gets 3-Year Deferred Sentence) By Agreeing To Give Him His House Back
In Claremore, Oklahoma, The Oklahoman reports:
A former Delaware County attorney charged with stealing a $1 million Grand Lake home from her ex-boyfriend received a three-year deferred sentence, District Attorney Kenny Wright said [].
Betty Pitts-Cartwright, 61, of Afton, pleaded no contest [] to obtaining property by fraud. The court found her guilty, and she received the deferred sentence and agreed to relinquish any claim to the residence and its contents, Wright said.
Pitts-Cartwright also pleaded guilty to perjury and received a three-year deferred sentence. Two other perjury counts were dismissed, Wright said.
Rogers County Special Judge Stephen Pazzo held the hearing in Claremore after Delaware County judges recused themselves from the proceedings.
Julie Anne Pitts, 37, of Langley, Pitts-Cartwright’s daughter, and Heather Hogshooter, 25, of Spavinaw, a former employee, also were charged with obtaining property by fraud, Wright said. Charges were dismissed against Pitts under a two-year deferred prosecution agreement. She agreed to relinquish any claim to the house and its contents. Hogshooter received a nine-month deferred prosecution agreement.
The three women prepared a phony land deed and a bogus Oklahoma corporation to obtain ownership of a 5,500-square-foot, four-bedroom waterfront residence that sits along an 18-hole golf course, prosecutors said.
The residence belonged to Tor Staubo, a Norwegian professional boat racer, who was involved in a romantic relationship with Cartwright from the summer of 2011 to August 2012.
Staubo paid $1.2 million in cash for the luxurious Grand Lake residence, then spent $250,000 to furnish the residence, according to an arrest affidavit. He became aware of the wrongdoing after receiving an anonymous letter saying Pitts was the homeowner, the affidavit states.
Pitts-Cartwright resigned June 24 from the Oklahoma Bar Association pending disciplinary proceedings related to failure to communicate with clients, failure to appear on behalf of clients, failure to file pleadings, misappropriation of client funds, fraud and forgery.
Cartwright faces a civil case in Delaware County regarding the residence.
Source: Ex-attorney pleads no contest in Oklahoma property fraud case (Former lawyer Betty Pitts-Cartwright, 61, pleaded no contest Friday to obtaining property by fraud, and also pleaded guilty to perjury. She was charged with stealing a $1 million Grand Lake home from her ex-boyfriend).
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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