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.
Monday, March 06, 2017
County Employee Responsible For Receiving & Handling Proceeds From Court-Ordered Foreclosure Auctions Gets Four Months In County Jail For Using Forged Documents To Snatch Over $90K In Sales Surplus/Overages Belonging To Ex-Homeowners
In Dayton, Ohio, WDTN-TV Channel 2 reports:
A former Montgomery County employee was sentenced for theft Tuesday morning [February 28].
David Bruns will spend four months in Montgomery County Jail and pay $39,830 to the county from his retirement account.
Bruns stole about $91,000 over five years from the Montgomery County Prosecutor’s Office’s Delinquent Tax Assessment and Collection Unit.
Bruns worked in the foreclosure department for the county. He was responsible for receiving and handling deposits from foreclosure sales. Special Prosecutor Ron O’Brien from Franklin County, who handled the case, said Bruns modified court records to authorize payments to his dummy corporation to embezzle the money.
Bruns had worked for Montgomery County since 2006 and the Prosecutor’s Office since 2009. He was fired in August 2016.
The Montgomery County Prosecutor’s Office released its victim impact statement. They wrote: “This defendant was employed in a position of trust in our office. He violated that trust by devising schemes to intercept money paid by individuals who were attempting to initiate foreclosure actions and money that would have gone to owners whose property had been sold in a foreclosure action after all creditors had been paid. As a result, some foreclosure actions were delayed and money diverted to the defendant for his own personal gain.”
Bruns was taken into custody immediately following the sentencing. He can also never have a finances-related job again.
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)
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