April 11, 2006

Wow. Rampant mortgage fraud has a face - a dead homeless guy with five Fannie Mae mortgaged investment houses in Tampa


I'm speechless. So just read:

After struggling much of his adult life with unemployment, homelessness and drug addiction, Johnny Moon Sr. died last year on a dirty mattress on the floor of a small home near Tampa's College Hill district.

Moon, who looked far older than his 56 years, died of pneumonia brought on by malnutrition. He left behind a watch, a flashlight and a wallet containing a solitary dollar bill.

And more than a half-million dollars worth of real estate.

Evidence mounting since Moon's death suggests he may have been the latest straw man used in what the FBI says is a national epidemic of mortgage fraud.

12 comments:

Anonymous said...

Why is that bums always have such great hair?

Anonymous said...

This is my neck of the woods...

I read this two days ago.

Here's the link from the St. Pete Time's article:

http://www.sptimes.com/2006/04/09/Hillsborough/Investor__or_pauper_o.shtml

Anonymous said...

oopss..nevermind. I didn't realize the title of the post is linked to that article already.

Nevertheless, a sad story.

Anonymous said...

Hope they catch the crook and hang them from their......wait they already did... FANNIE MAE....for laxed lending..

Anonymous said...

Is that a picture of you Keith?

Anonymous said...

looks like you average Democrat. Taste that you losers! See ya in 08'...oh wait, you will lose then too. Hype up something else Keith, what else can we be afraid of? Sky IS falling isn't it???

Amy said...

"looks like you average Democrat. Taste that you losers! See ya in 08'...oh wait, you will lose then too."

How are the Democrats going to lose in '06 or '08 when every legal hispanic in this country will be lining up to vote for them? By 2020 this will be the United States of Mexico and the politicos will be sucking up all the way.

As for the story about the homeless investor... Welcome To Florida! Investor fraud is rampant here. I suspect, in another year or so, we will be reading stories like this one on a daily basis. Realtor and appraiser fraud are a plague here as well. I'm not sure what the most revolting thing about this story is, that this guy was used by his own son and was left to die from malnutrition or that he was given 60 days in jail for lifting $26.00 worth of crap from Publix.

Anonymous said...

He HAD a good realtor(r) that told him to Buy...Buy...Buy Now...before IT was TOO Late !

Anonymous said...

I believe bums have nice thick hair because they have no stress. What the hell do they care if there's a recession or rates go up or a plane flies into thw WTC? Just move to the West Coast or Florida and enjoy the nice weather

Anonymous said...

The man in the picture..Isn't that Saddam himself?

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