Mortgage FRAUD – 12 Indicted in Houston, TX – FBI Hard At Work…

“Those who seek to take advantage of the American Dream of home ownership and those who prey upon others in these dire economic times will most certainly be held accountable,” United States Attorney Don DeGabrielle stated in his news release announcing the indictments.

Anthony Wayne Hawkins, 48, Brandon Alonzo Crenshaw, 27, Nehemiah Jamal Douglas, 28, Babette Jammer, 47, and David Vasser, 59, were indicted for their alleged involvement in a mail and wire fraud conspiracy which resulted in the defendants and their co-conspirators fraudulently obtaining more than $17 million in loan proceeds. The defendants and their co-conspirators are accused of recruiting individuals to purchase residential properties with the intent to deceive mortgage lenders concerning the borrower’s ability and incentive to repay the loans. Falsified documents were prepared and provided to the mortgage lenders, according to the indictment, to support loan applications.

No wonder we are facing the most significant financial crisis our nation (perhaps the world) has seen since the great depression. Daily announcement are being made about the indictment or conviction related to similar schemes.

“The FBI remains committed to continuing its efforts to vigorously address mortgage fraud and ensure that the strength and integrity of the nation’s financial sector are sustained,” Bland said. “Moreover, it is imperative that those who engage in this pernicious crime, and thereby undermine the economic vitality of our communities, are held fully accountable for their actions.”

“Mortgage fraud, like all financial crimes, threatens the overall health of our financial institutions and erodes the integrity of our tax system,” Clarke said. “Additionally, these types of crimes drive buyers into foreclosure, leave lenders burdened with bad loans and neighborhoods with abandoned and deteriorating properties. IRS Criminal Investigation is committed to working with its law enforcement partners to pursue individuals who commit these types of crimes.”

Question:

Other than premeditated blatant theft, how could those indicted become associated with such an outright fraud? More importantly, did any of them think that there was a chance of getting by with such a fraud. As a white collar crime and business ethics speaker, I understand that every choice has a consequence. It’s easy to see how someone could make a simple mistake that compounds and becomes a fraud with terrible consequences, but this seems noting more than blatant theft.

Perhaps I am missing something here. If you know these people and have any insight your comments are welcome.

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4 Responses to Mortgage FRAUD – 12 Indicted in Houston, TX – FBI Hard At Work…

  1. Feli says:

    I met Anthony Hawkins in November 1989 and believe me when I say HE IS A CHARACTER! He has always been involved in some shady business deal or another. Check back when he was working for TDHS in Texas City, TX. Ask why did he quit. Prehaps giving away benefits to people were not entitled to them. Or when he was employed at the College of the Mainland and abusing his office. How about he and Babbett Jammer have been working together since 1989. I feel sorry for her. Mr Hawkins had a business that he and his mother Thelma Hawkins Hall started in LaMarque, TX called AWH & Associates. It is well known that they were doing some illegal stuff when filing peoples tax returns. Check it out. I wouldn’t be surprised if his mother is hiding some of his assets; she has always covered for him. To top it off he owes his son, Trevor Hawkins over $39,000 in back CHILD SUPPORT payments. The Texas Attorney Generals Office has been trying to locate him for more than two years now. I’ll just pass this info along and just maybe they can locate him now!!! It’s a shame that he wouldn’t use his talents for something more honorable.

  2. JS DAVIS says:

    BY THE WAY …NOW THE CASE IS DONE …WHERE IS THE LITTLE FEMALE REPORTER WHO CONSPIRED WITH FRIES …THE PROPERTY ASSOCIATION MANAGER ..REPORT ..ADJUSTABLE RATE MORTGAGES ..WHY THIS DOES NOT WORK ..YOUNG PEOPLE GETTING IN OVER THEIR HEAD…THERE WAS NEVER A SHRED OF TRUTH IN REPORT …FROM WHAT I FOUND OUT THIS WHOLE BUILDING WAS A FLIPPING SCHEME AND THE RESIDENT ASSOCIATION PRESIDENT WAS HAVING HIS WIFE BUY UP ALL THE FORECLOSURES IN HER NAME …NOW THAT MY CASE IS OVER …I WILL DISCLOSE FACTS …I CALLED HER AND SAID THERE IS NO TRUTH TO YOUR REPORT …SHE WOULD NOT CALL ME BACK …I TOLD HER EXACTLY WHAT WAS HAPPENING AT THIS BUILDING …WHY THE PROPERTY MANAGER HAS HIS WIFE BUYING THESE CONDOS AT AUCTION …I WILL NEVER KNOW …JSD

  3. Chris Brown says:

    Mortgage fraud of this level will be found to have been rampant during the early to mid years (2000-1009). The ARM vehicle made it easy to perform these actions, as multiple filings for purchase for a single buyer were processed within a 30-45 day period, thus not showing up on credit reports. Further, various small businesses were sucked in by “easy money” for verification of employment and/or verification of Rent. I am glad that justice is being served, but unfortunately too late for some of those ignorant to the law who were recruited for participation in this illegal scheme.

  4. Jd Allen says:

    These charges against some individuals were a part of a manhunt for the mastermind of this operation. Motown Mortgage and it employees took advantage of innocent people and destroyed them because of their greed. Innocent people who only wanted to take care of their familes and who have lost everything (home, business income etc.) because of Motown Mortgage and the FBI’s witch hunt.

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