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.
Wednesday, March 29, 2017
St. Louis Feds Tag Property Managing Agent With Indictment Accusing Her Of Stealing Monthly Lease Payments From Hundreds Of Tenants, Then Giving Them All The Boot For Non-Payment Of Rent
In St. Louis, Missouri, KTVI-TV Channel 2 reports:
An area property manager was charged for allegedly stealing rent money from hundreds of tenants, keeping it for herself, and then sending those tenants eviction notices for not paying up.
A federal grand jury has indicted 32-year-old Jasmine Outlaw for fraud.
She's the former assistant property manager at Lucas Hunt Village Apartments in north St. Louis.
Federal court documents show she started her scheme in 2014. Outlaw “requested tenants of Lucas Hunt to submit all rent payments to her and to make all money orders payable to her.” She'd then deposit the money orders into her personal bank and use the money for her own personal benefit “and proceed to evict tenants from Lucas Hunt while knowing she had actually stolen these tenants rent payments and that these tenants had indeed paid their rent in full and in a timely manner.”
At the schemes peak in 2016, the apartments filed 355 cases against tenants for not paying rent. That's compared to 89 cases in 2013, the year before the scheme began.
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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