Did you guys see the story on Sam Suliman. He is an agent here in San Diego who has stolen the identity of a former client and then purchased homes in that former clients name.
Some people say that after housing goes down, we will see many cases of scandal and abuse, just as we saw after the tech stock boom. I am waiting for some real big cases, like the Lennar home scandal in FL.
There was just a follow up story on fox 6 news. This guy Sam Sulieman basically stole his previous clients identification and used it to purchase properties. He then rented the properties out, collected rent, and let the mortgages fall behind.
This just seems way to hard to believe. I cannot fathom how someone would think they would not get caught. There is a follow up story on http://www.fox6.com. Go to the site, then click on hot topics.
.
