dailybusinessreview.com
It took real estate broker Wayne Blackburn less than a minute to spot the fraud in documents for a pending Fort Lauderdale home sale.
A settlement statement showed a $1.2 million purchase price when the contract price was $830,000.
The buyer’s name had been changed to Edimar DaSilva from Alex Costa.
An unrecorded $237,080 second mortgage to a construction company was to be paid off at closing.
The papers said sellers Gordon and Paula Clelland were holding $70,000 of an $80,000 deposit on the house and were to give DaSilva a $33,268 credit toward closing costs.
Blackburn knew none of it was true. It turned out there was no second mortgage, and the actual deposit had been $20,000. Investigators said the Clellands were never under suspicion.
Mr. Chetoff when will you complete and implement the Exit portion of U.S.-VISIT?
We can operate the Entry part of U.S.-VISIT, but for some reason your department cannot or will not complete U.S.- VISIT Exit.
Maybe you could out-source U.S.-VISIT Exit to Walmart, American Express or Mastercard. I'm sure taxpayers money would get better results.
Oh, by the way Mr. Chertoff Visa-Overstayers are now commiting Mortgage Fraud.
Posted by tyne at July 9, 2007