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Yesterday, a Connecticut homeowner, Eric S. Scherz, 44, was sentenced by United States District Judge Vanessa L. Bryant to 37 months of imprisonment, followed by three years of supervised release, for mortgage fraud.

 

Here’s what happened…

 

According to a press release issued by the U.S. Attorney’s Office, District of Connecticut, in October 2007, Mr. Scherz secured a $417,000 mortgage related to the purchase of a property in Barkhamsted.  Then, in April 2008, he created a “fraudulent release of mortgage on the property” that showed that a fictitious lender (a company Mr. Scherz created), had been paid in full and he filed the fraudulent release with the Town of Barkhamsted.

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Steve Dibert, MFI-Miami

“We refuse to accept the responsibility for anything that we’ve done. We comforted ourselves in the knowledge that it really wasn’t our fault. You cannot play God then wash your hands of the things that you’ve created. Sooner or later, the day comes when you can’t hide from the things that you’ve done anymore.” -Commander William Adama

The once proud Arsenal of Democracy that reinvented the industrial revolution and spawned the American middle class is now nothing more than 143 square miles empty crumbling shells of turn of the century factories and houses that are routinely gutted by arson that the city can’t afford to battle.  Fire fighters are shot battling fires.  EMS personnel don’t respond to emergencies.  Squatters openly break into homes while the homeowners are away and brag about eating thir food and raiding thier liquor cabinets on local television.  Police are so outnumbered by thugs who rob, rape and pillage that they don’t even bother responding to 911 calls.  Muggings have become so routine that well paid city elites have become nothing more than apologists for the broken status quo by blaming the victim of a crime instead of tackling the problem of crime.

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Steve Dibert, MFI-Miami

Robert Kiyosaki, author of the bestselling “Rich Dad, Poor Dad” series,  is bringing his version of Brother Love’s Traveling Salvation Show to the Motor City on March 18, 2013 to tell the masses of Detroit how to become rich in real estate.  Yes, that’s right you can learn how to pick yourself up out of the hood and move to Bloomfield Hills or Grosse Pointe Shores in a matter of weeks.   Before you get too excited about Kiyosaki personally helping to motivate you, you need to know that he won’t be attending.  Like the episode of the Simpsons where Krusty the Klown starts a Clown College so local Krusty surrogates can attend in his place, Kiyosaki is sending surrogates to the three events in Dearborn, Livonia and Troy.

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Over the last 25 years, Michael Winston has held top management positions at Merrill Lynch, Motorola, McDonnell Douglas and Lockheed Corporations.  He has been responsible at the most senior levels for issues related to organization structure, executive succession planning, leadership development and the management of large scale change.

 

He served as Global Head, Worldwide Leadership and Organization Development for Merrill Lynch, during one of the most challenging periods in the history of the financial markets, and he spent 11 years at Motorola, becoming a Six Sigma Black Belt, and heading up all organization design, large-scale change, leadership development and succession planning initiatives for the Communications businesses as the company grew from $6B to over $30B.

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The Illinois Supreme Court is the latest to get in the “Help Stop Foreclosures” game… which by the way can also be played at home… is no fun for the whole family and makes for lovely graft.  (Hey, if that didn’t make you laugh, you should go lie down.)

 

The new rules are are the result of public hearings and 21 months of work by the “Special Supreme Court Committee on Mortgage Foreclosures,” which was the brian child of Justice Mary Jane Theis.  The committee’s 14 members included judges, a public interest attorney… and get this… bankers and their lawyers.  (Oh, boy… Lucy you got some ‘splaining to do… somebody’s fired for sure.)

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