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.
Sunday, August 27, 2017
Lawyer Gets 8 Years After Being Found Guilty Of Fleecing His 89-Year Old Step-Grandmother Out Of $1.3 Million In Trust Funds; Victim Dies 10 Days After Jury Verdict
In Golden, Colorado, The Denver Post reports:
A Lakewood lawyer who stole $1.3 million from his 89-year-old step-grandmother was sentenced to eight years in prison last week.
Glenn Gregory, 55, was the trustee for the Martha Violet Villano Trust Fund, bleeding the account down to $24 between 2006 and 2015, according to the district attorney’s office for Jefferson and Gilpin counties.
Gregory was found guilty of 13 theft-related counts in June. He was sentenced concurrently on all counts. Villano was deposed prior to trial due to health concerns so provided a testimony over video. She died 10 days after the jury returned the verdict.
District Attorney Pete Weir noted in a statement that the lawyer was eligible for decades in prison.
“This defendant deserved a very lengthy prison sentence,” Weir said. “Not only was Gregory the victim’s grandson, he also is a lawyer who violated the basic tenets of the profession. We believe that this is the highest value theft from an at-risk elder in Colorado. A strong message needs to be sent to those who take advantage of this vulnerable population.”
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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