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Saturday, May 22, 2010

Straw Buyer Scams BUSTED !

Funny how the agents involved in this mortgage fraud scheme article from the Washington Post were all affiliated and had their real estate licenses with Fairfax Realty. I am sure Fairfax Realty does have some outstanding, professional and ethical Realtors; however its stuff like this that you do not typically see at other real estate brokerage firms like Keller Williams, Coldwell Banker, Long & Foster, et al, which tend to attract a much higher caliber professional ...

Sound like a familiar scheme or modus operandi (M.O.) of using "straw buyers" ... Anyone remember or heard of Modcom Realty ?? (MRIS Broker Code: MODR-1) and John "Mike" Cronin (MRIS Agent ID: 55797) [BROKER LICENSE REVOKED] and Fiaz Anwar (salesman or agent license REVOKED). These guys should have been the poster children for straw buyer scams....

BTW, one cannot prevail in a defamation of character, libel or slander civil action claim where the information posted, published in print, or verbally spoken or uttered is or was the THE TRUTH.

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