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workinclasszero

(28,270 posts)
Tue Apr 24, 2018, 08:21 AM Apr 2018

Sean Hannity's real estate venture linked to fraudulent property dealer

Sean Hannity's real estate venture linked to fraudulent property dealer
Shell company tied to the Fox News host bought homes through Jeff Brock, who was charged in 2016 with fraud and conspiracy for his role in a scheme to rig auctions on foreclosed properties
Jon Swaine in Atlanta and Scott Stedman Tue 24 Apr 2018 07.09 EDT

Sean Hannity’s real estate venture bought houses through a property dealer who was involved in a criminal conspiracy to fraudulently obtain foreclosed homes, according to records reviewed by the Guardian.

In 2012, a shell company linked to the Fox News host bought 11 homes in Georgia that had been purchased by the dealer, Jeff Brock, following foreclosures. Brock transferred the properties to corporate vehicles that sold them on to the Hannity-linked company at a profit.

Brock pleaded guilty in 2016 to federal charges of bank fraud and conspiracy for his role in an operation to rig foreclosure auctions between 2007 and 2012. He was sentenced to six months in prison and had to pay more than $166,000 in fines and restitution.


https://www.theguardian.com/media/2018/apr/24/sean-hannity-real-estate-property-dealer-jeff-brock-fraud-foreclosures
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Sean Hannity's real estate venture linked to fraudulent property dealer (Original Post) workinclasszero Apr 2018 OP
Rigging foreclosure sales hurt the person whose property was foreclosed upon Sanity Claws Apr 2018 #1
I knew we'd find the crime in there somewhere. Scum. Squinch Apr 2018 #2
Sean must be taking lessons workinclasszero Apr 2018 #3
The minute he said "Cohen" and "real estate" in the same sentence dixiegrrrrl Apr 2018 #12
Surely this is not part of a Russian Oligarch Money Washing Deal...... Cryptoad Apr 2018 #4
Naw...couldn't be... workinclasszero Apr 2018 #5
republican "values" suck cesspool scum Achilleaze Apr 2018 #6
Why? concreteblue Apr 2018 #9
Chump's "underground" book - "Slumlording for Dummies". bullwinkle428 Apr 2018 #7
Splains it all !!! Laura PourMeADrink Apr 2018 #8
r'd poboy2 Apr 2018 #10
Who is surprised by this? Gothmog Apr 2018 #11
WOW a whole 6 months in prison MagickMuffin Apr 2018 #13

Sanity Claws

(21,846 posts)
1. Rigging foreclosure sales hurt the person whose property was foreclosed upon
Tue Apr 24, 2018, 08:35 AM
Apr 2018

Rigging meant that the sale price was lower than it should have been. That meant the bank, the owner of the mortgage, got less than it should have. If the property sold for less than the mortgage, the former owner was left with a deficiency judgment.

dixiegrrrrl

(60,010 posts)
12. The minute he said "Cohen" and "real estate" in the same sentence
Tue Apr 24, 2018, 04:01 PM
Apr 2018

we knew there had to be something like this.

There were millions of illegal foreclosures following the real estate crash, because the titles of the homes were not filed legally, and then the mortgage bonds went belly up.

We knew that thousands of homes were bought up, to be turned into rentals. No surprise some of those deals were crooked too.

Giant plus to find Hannity down there in the muck.

Achilleaze

(15,543 posts)
6. republican "values" suck cesspool scum
Tue Apr 24, 2018, 09:40 AM
Apr 2018

why don't republicans ever aspire to be decent, honorable people? what's wrong with them?

MagickMuffin

(15,933 posts)
13. WOW a whole 6 months in prison
Tue Apr 24, 2018, 04:31 PM
Apr 2018

That'll teach him! I wonder if he even served the full extent of the sentence.




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