March 19, 2009, - 2:42 pm
Religion of Mortgage Fraud Strikes Again: Shi’ite Muslim Gets Only One Year for Fraud in Multi-Million $ Scam
By Debbie Schlussel
If you wonder why mortgage fraud is rampant, it’s because it’s easy. And because people who commit it get away with it and get little penalty when they are caught.
Take Ali Haidous.
The Dearbornistan Shi’ite Muslim got only a year in prison even though he fradulently appraised at least 16 properties in a multi-million dollar mortgage fraud scam, which he committed with several other Shi’ite Muslims who are all supporters of Hezbollah.
I wrote about this case, last year, and noted that one of Haidous’ co-defendants and partner’s in crime, Hussein Aoun, is a fugitive in Lebanon, where the feds let him flee.
Of note is that Haidous’ relative, Nadya Haidous, was and likely still is an employee at the pan-terrorist Muslim welfare agency, ACCESS–the Arab Community Center for Economic and Social Services, where she assisted an Al-Qaeda terrorist cell members in getting tax-funded training for commercial driver’s licenses and hazmat hauling certificates.
A 25-year-old Dearborn real estate appraiser was sentenced to a year in prison Tuesday in connection with his role in a multimillion-dollar mortgage fraud scheme.
Ali Haidous admitted to inflating appraisals in a scheme involving 16 properties in Detroit, Dearborn and Dearborn Heights. Mortgages totaling $1.9 million were issued on the properties between 2005 and 2008. He pleaded guilty Oct. 25 in U.S. District Court in Detroit to conspiracy to commit bank fraud.
Haidous prepared the appraisals for codefendant Hassan Nagi, 30, a mortgage broker from Dearborn Heights, who used the fraudulent appraisals to submit false applications to obtain the mortgages for straw buyers. Nagi pleaded guilty Dec. 15 to conspiracy to commit bank fraud and will be sentenced April 16.
“Mortgage fraud is touching the lives of far too many Americans,” U.S. Attorney Terrence Berg said Tuesday.
Really, Terry? Then, why did you only seek one year for this major scammer? With time off for good behavior Haidous will be out of prison and back to his old Muslim tactics in a few months.
So, where did Haidous send the money? How much went to Hezbollah?
**** UPDATE: Read the Ali Haidous indictment and tell me if you think he deserves to spend only a few months in the federal pen.