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.
Friday, January 01, 2016
Chicago Cops Bust Two More In Alleged Sovereign Citizen Squatting Scam; Duo Accused Of Filing Forged Paperwork On, Then Illegally Occupying, About A Dozen Foreclosed Homes
In Chicago, Illinois, The Beverly Review reports:
Two men wanted in a squatting scheme throughout the city, including in Beverly/Morgan Park, have been arrested, according to 19th Ward Ald. Matt O’Shea.
Raymond Trimble and Arshad Thomas, whom O’Shea believes are father and son, are facing felony fraud and theft-related charges, O’Shea said, stemming from accusations that they illegally occupied about a dozen foreclosed homes in the neighborhood.
Trimble was arrested Dec. 10, O’Shea said, and is being held without bond.
Thomas was arrested the week of Dec. 14 on unrelated charges, O’Shea said, which led to the squatting charges. Thomas’ bond has been set at $250,000 for the squatting charges, as well as $250,000 for other charges.
Both are expected to face indictments in January.
Trimble and Thomas are the fourth and final men to be arrested in the case, O’Shea said; Fahim Ali and Torrez Moore were arrested this summer, and O’Shea said that both men are now involved in pre-trial proceedings and have been denied reduced bonds. All four men, according to officials, claim to be part of the Moors, also known as the Sovereign Citizens, who do not recognize U.S. law.
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Squatting has become a difficult issue to address, officials said, because offenders can file forged documents with the Cook County Recorder of Deeds, which can do little to reject the documents.
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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