Debbie Schlussel: Religion of Mortgage Fraud
Over the years, I've pointed out many examples of Muslim mortgage fraud, often by Hezbollah operatives (and HAMAS figures, too). It's a reason that in Dearbornistan, many, many homes are in foreclosure.
Sadly, the feds go after very few of the Dearbornistan Hezbollah-supporting Muslims who use mortgage and bank fraud to finance terrorist schemes "back home". Here's the rare set of those they do prosecute:
A federal grand jury on Wednesday indicted four Dearborn-area men for allegedly running a $1.9 million mortgage fraud scheme.
The scheme used phony mortgage applications, inflated appraisals and straw buyers to get major banks to issue loans for 16 properties between 2005 and 2008 . . . .Charges include conspiracy, bank fraud and mail fraud.
Named in the indictment are Hassan Nagi, 30, of Dearborn Heights, Ali Haidous, 24, of Dearborn, Safi Bzeih, 35, of Dearborn, and Hussein Aoun, 23, of Dearborn Heights.
Three of the men are expected to be arraigned in U.S. District Court in Detroit on Thursday. Aoun is a fugitive in Lebanon.
Gee, that's a shocker. Typical of the feds to wait before taking action until the likely key figure has fled to Lebanon, as they did with Hezbollah's $21 million financier, Talal Chahine.
Posted by Debbie on August 21, 2008 10:38 AM to Debbie Schlussel