The Stoner Movie That Wasn't: Five Indicted in Mortgage-Fraud/Pot-Selling Scheme

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We suspect the inside of the home looked something like this -- you'll understand in a minute.
Two brothers, the (now ex) wife of one brother, and a British dude hatch a plan. Playing on their collective entrepreneurial spirit, they'll start a company. They'll market it as a foreclosure rescue service -- you know, to help people. Anyone in danger of foreclosure can call them, then they'll rent the nearly repossessed homes and use that money to pay the mortgage.

They started the business in 2007, but they weren't the real estate knights in shining armor they purported to be, according to a federal complaint by an FBI special agent and a federal prosecutor sourced by The Dallas Morning News.

The business partners -- brothers Julius and Jarrod Williams of McKinney; Jarrod's former wife Jemilat Williams; and Christopher Carter, the token Brit -- did not put the rent money toward making mortgage payments, but instead allegedly pocketed it as profit.

Of course, as you're watching this not-yet-a-movie play out, you're thinking, "The idiots are toast. The banks are going to foreclose on the homes any second!"

Wrong. They already thought of that. Solution: the Servicemembers Civil Relief Act through which certain members of the military can ask banks for relief from foreclosure. Suddenly, with the aid of military documents allegedly forged by Charles Williams, who appears to be another brother, the foreclosures could be stalled. (Charles Williams' attorney told the Morning News that his client denies the charges.)

But what could these businessmen (and woman) do with the real estate they held in limbo? It's not clear how many homes were acquired, but it is quite clear what they did with one of them. According to the indictment, law enforcement agents found more than 1,000 marijuana plants inside the Van Alstyne home on which the Williams and company were pretending to pay the mortgage.

In the movie version of the story, there would be a long, drawn-out escape from law enforcement with weapons, tons of drugs, a Double-Double (Animal Style), and a few unrealistically attractive prostitutes for good measure. In real life, they were indicted by a federal grand jury.


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11 comments
Lscottpht
Lscottpht

I just found out about this yesterday. I live in one of their houses. I was given a new address to send rent money to yesterday when I talked to Julius. This is crazy. 

dj seth lolwery
dj seth lolwery

 After Googling your name and browsing through your hilarious Myspace profile, I can safely say you are an idiot, look like a total douche-nozzle, are a failure as a DJ, and carry numerous STD's.  Sue me too, please?

Renegade
Renegade

Just googled him.  He looks like half the guys on HotChicksWithDouchebagscom

Steve
Steve

What was the agreement between the original homeowners and the alleged criminals?   Were the houses rented back to them, or did they move out? Were the houses actually purchased from the original homeowners, or did the alleged criminals forge military documents in the names of the original homeowners in order to stave off foreclosure? This is a vague piece.

MattL1
MattL1

Is this joker for real?

jason
jason

Leslie - Can you get someone over at DC9 to do some sort of write up on DJ Seth Lowery/Jarrod Williams.  Although, maybe it's been done since Jarrod is such a hot musician with the great artist manager DJ Seth Lowery!

guessed
guessed

 Don't get high on your own supply.

Spoetzl
Spoetzl

I wanted to read about your artist and his artistic abilities, but couldn't find anything online.   Share a link with us so we know if he's a painter or sculptor or singer or actor or what.  There's no such thing as bad publicity! 

Spoetzl
Spoetzl

And we all know that nobody wants to be sued for negative judging of character!

cynical old bastard
cynical old bastard

 Are you supposed to be someone that anyone else cares about?  From your website: There is nothing to display right now. Please check back later. About sums it up, don't you think?

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