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, June 13, 2017
Chicago-Area Man Using 'Sovereign Citizen' Pretext In Scheme To Snatch & Rent Dozens Of Vacant Foreclosures Gets 14 Years Prison Time After Jury Trial; Two Other Co-Conspirators Cop Guilty Pleas, Get Approx. 4 Years Each; One Defendant Still Awaits Sentencing
In Chicago, Illinois, DNAinfo (Chicago) reports:
One of the ringleaders behind a plot to illegally rent houses they did not own in Beverly and Morgan Park was sentenced Monday [May 22] to 14 years in prison, according to court records.
Cook County Judge Alfredo Maldonado handed down the sentence to David Farr, 47, of Englewood. He was found guilty Sept. 30 of theft, financial institution fraud and continuing a financial crimes enterprise.
Farr — who also goes by Fahim Ali, Jalani Ali and Sekou Ali — must serve at least seven years before he becomes eligible for parole. He was credited with serving nearly two years in Cook County Jail while awaiting trial, court records show.
"This sentence sends a strong message to those who would seek to commit crimes in our community," Ald. Matt O'Shea (19th) said Tuesday afternoon in an email to constituents.
Farr was found guilty of a scheme that dates to 2012 involving dozens of homes on the Far Southwest Side. Others involved in the plot include Torrez Moore, Raymond Trimble and Trimble's son, Arshad Thomas.
Moore, 57, was convicted in Oct. 22 of theft, financial institution fraud and continuing a financial crimes enterprise. He has not yet been sentenced, and his next court date is June 26, court records show.
Trimble pleaded guilty to theft in December and received a four-year prison sentence. He was credited with serving more than a year in Cook County Jail while awaiting trial and his expected parole date is Dec. 5.
His son, Arshad Thomas, 27, took a plea deal in March 15 and was sentenced to 45 months in prison. He is expected to be released on parole June 16, according to state records.
Prosecutors during the trial said that Moore and Farr consider themselves Sovereigns or Moors and thus do not recognize the U.S. government. As a part of this belief, they also think banks should not be allowed to own homes.
Armed with this theory, Farr filed paperwork with the Cook County Recorder of Deeds Office. Those involved in the plot would then break into the homes, change the locks and post "No Trespassing" signs.
Other squatters then moved into the homes, and some paid rent to the men behind the scheme. A few of the illegal tenants even went as far as planting flowers outside the homes they were illegally occupying and signing up for utilities, O'Shea said.
"We should not be arrested, or even put in jail, for beautifying vacant properties across the city," Farr told a judge on July 22, 2015.
Then-Cook County State's Attorney Anita Alvarez said during the trial most of the renters knew they were living in these homes illegally. And many refused to leave when police asked them to, prosecutors said.
O'Shea said the investigation was prompted by complaints from area residents who noticed suspicious activities in the houses, many of which were unoccupied after going into foreclosure.
"I'd like to thank the Federal Bureau of Investigation, Cook County State's Attorney's Office and the Chicago Police Department's Financial Crimes Unit for their ongoing efforts on this case. Working together, we can keep our community strong and safe for the future," O'Shea said.
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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