Folks, do not let this happen to you.
Jason Keigley of Indianapolis was found guilty of swindling money from seniors through a fraudulent investment and mortgage scheme. While working for a mortgage company he also stated his own mortgage company. Big red light here. How would you know? When dealing with a mortgage broker you can check them out with the Secretary of State.
The SOS found that Keigley convinced a Hendricks County couple to invest in his company which was an unregistered security. He told the couple that their investment was in an interest-bearing account. He also brokered a reverse mortgage loan. Keigley could not account for any of the missing funds. The victims home was also hit with a foreclosure due to Keigley's failure to fulfill the obligations of the reverse mortgage.
During the trial (BTW, this "brain surgeon" decided to defend himself), he told the jury that he knows in his heart that he is innocent. "I didn't do anything wrong." I guess he also quoted verses from the Book of Job, insinuating that he sees himself as Job or a man of God. Now the prosecutor (this is my favorite part of the story) countered Keigley's argument with another Bible verse: Matthew 7:15. "Watch out for false prophets. They come to you in sheep's clothing, but inwardly they are ferocious wolves." "He is a sheep in wolves clothing."This is better than an episode of Law and Order.
Now Keigley did such a great job of defending himself the jury deliberated for all of two hours before finding him guilty. Now he has not been sentenced yet since "Job" here has to wait until he finds out what is happening with other charges in Marion County (Indianapolis).
Consumers and real estate agents alike. If it sounds to good to be true it probably is. With the tools available you can check out people with just a few clicks. Try it. Go to Google.com right now and type in my name Tony Grego. In fact, click here. Google list 10 sites per page. I am filled with 9 and the other is a cop.
Now I am sure that there is a whole bunch more to this story but the facts are you are the consumer and remember you are in charge. This is one example of things that can happen in your hometown. When getting a new mortgage or refinancing your current mortgage get a professional opinion. With me I never charge a application fee and I am willing to look to see if I can help.
Good luck and be careful.
Tony Grego - Indiana Mortgage Broker 
Quote of the Day:
There is no worse lie than a truth misunderstood by those who hear it.
--William James
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