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 27, 2017
Upstate NY Title Hijacker Gets 2 1/3 To 7 Years For Using Forged Deed, Bogus 'Adverse Possession' Claim In Attempt To Snatch & Flip Title To Building Valued At $1 Million
In Albany, New York, the Albany Times Union reports:
A "sovereign citizen" who tried to scam ownership of a former restaurant site in Colonie was sentenced to 2 1/3 to seven years in state prison on Thursday [March 23].
Judge Peter Lynch imposed the sentence on 22-year-old Zachariah Latnie for his bid to sell property he did not own. Latnie will be eligible to serve his sentence in a shock incarceration program, six months of highly regimented substance-abuse treatment.
Prosecutors asked the judge to impose a much harsher sentence of five to 15 years. Lynch pointed out the man does not have a criminal record and committed the crimes at age 19.
"It's like you've been somehow brainwashed into thinking this whole universe exists for you. It does not,"Lynch said to Latnie.
The District Attorney's office says the 1893 Central Ave. property Latnie tried to sell was worth $1 million.
The jury, which began deciding Latnie's fate on Jan. 18, reached its verdict the next day: Guilty on 15 of 21 counts.
Latnie was convicted of attempted grand larceny, burglary, possessing burglar's tools, conspiracy, tampering with public records, filing false deeds and falsifying business records. They acquitted him of six counts alleging tampering with public records and false filings.
The verdict ended an unusual case in which Latnie argued he possessed a building that he admitted he never purchased. Latnie claimed he owned the building through "adverse possession," placing a notice on it.
"People do not enter property that they have legal rights to be entering through the roof," Lynch said during the sentencing.
In August 2014, Colonie police charged him with trespassing but he returned to the site and was arrested again. He filed phony deeds with the county clerk's office and tried to sell the property, which was in foreclosure.
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Latnie told the judge Thursday that he intends to appeal the conviction.
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