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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSean Hannity's real estate venture linked to fraudulent property dealer
Sean Hannity's real estate venture linked to fraudulent property dealerShell 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 Hannitys 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
Sanity Claws
(21,862 posts)1. Rigging foreclosure sales hurt the person whose property was foreclosed upon
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.
Squinch
(51,072 posts)2. I knew we'd find the crime in there somewhere. Scum.
workinclasszero
(28,270 posts)3. Sean must be taking lessons
from his crime boss pal Dump
dixiegrrrrl
(60,010 posts)12. The minute he said "Cohen" and "real estate" in the same sentence
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.
Cryptoad
(8,254 posts)4. Surely this is not part of a Russian Oligarch Money Washing Deal......
workinclasszero
(28,270 posts)5. Naw...couldn't be...
Achilleaze
(15,543 posts)6. republican "values" suck cesspool scum
why don't republicans ever aspire to be decent, honorable people? what's wrong with them?
Because if they did they wouldn't be Republicans.......
bullwinkle428
(20,631 posts)7. Chump's "underground" book - "Slumlording for Dummies".
Laura PourMeADrink
(42,770 posts)8. Splains it all !!!
poboy2
(2,078 posts)10. r'd
Gothmog
(145,751 posts)11. Who is surprised by this?
Hannity is pond scum
MagickMuffin
(15,972 posts)13. WOW a whole 6 months in prison
That'll teach him! I wonder if he even served the full extent of the sentence.