Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

FORMER REAL ESTATE AGENT GETS FOUR YEARS IN PRISON FOR FRAUD
Former Real Estate Agent Gets 4 Years for Loan Misreps Todd Britton-Harr, 35, Perdido Key, Florida, a former real estate agent, was sentenced to four years in prison on charges of making false statements in loan and mortgage documents. Evidence introduced in the January 2012 jury trial that led to his conviction showed that Britton-Harr, and his stepmother and co-defendant, Karyn Britton, made false statements on loan documents submitted in connection with their purchases of condominium units in the Purple Parrot Village, Perdido Key, Florida.
The couple failed to disclose known liabilities, and made false statements concerning how the condominiums would be used. Many of the condos purchased by the co-defendants have since gone into foreclosure, resulting in losses exceeding $1,000,000. Over the course of a nine-month period, Britton-Harr conducted more than a dozen real estate transactions, which netted him approximately $370,000.
In addition to the prison sentence, Britton-Harr was ordered to pay restitution. Britton-Harr remains in the custody of the United States Marshals in this case, and is also being held on federal drug trafficking charges out of the Southern District of Texas.
U.S. Attorney Pamela C. Marsh praised the investigative work of the Federal Bureau of Investigation and the ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention