- This topic has 171 replies, 36 voices, and was last updated 17 years, 3 months ago by TheBreeze.
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June 18, 2007 at 3:09 PM #60153June 18, 2007 at 3:09 PM #60186AnonymousGuest
Yes, you are right. I am one of those investors who learned the hard way. I who never invested before have learned a life’s lesson indeed. I can not find anyway to defend my behavior except foolish and blind, I am willing to accept all that ridicule. However, I am learning quickly and have begun to do research on the matter of mortgage fraud, and have discovered a world beyond my imagination. Again, I agree it is a little too late, but I assure you I will not repeat this mistake again. My rose colored glasses are off permanently, but I do not intend to sit back and let these insiders walk away scott free either. There are boxes and boxes of evidence and eventually the whole story will come out, then we will see who’s hands are really dirty.
And in referrance to the comment that if they used starving children in Africa, you would be right their with me. Perhaps you missed the link to Helping Hands International….you will see some very familiar names associated with the mortgage fraud out of Temecula and Murrieta. These people encourage many to donate to starving children all over the world. Do you think the money really went to starving children?. Now, who is naive?.Core Client.
June 18, 2007 at 3:12 PM #60155ibjamesParticipantIf you find them doing mortgage fraud and they pay the price I am all for it. The fact people bought multiple houses or 1 house they couldn’t afford in the first place, crying about that falls on deaf ears.
June 18, 2007 at 3:12 PM #60188ibjamesParticipantIf you find them doing mortgage fraud and they pay the price I am all for it. The fact people bought multiple houses or 1 house they couldn’t afford in the first place, crying about that falls on deaf ears.
June 18, 2007 at 3:31 PM #60157Ash HousewaresParticipantSeems to be quite a religious crowd that was brought into this scam. Do you guys think religious people are more susceptible to scams like this, or is it just a coincidence?
Way off topic, I know. My apologies.
June 18, 2007 at 3:31 PM #60190Ash HousewaresParticipantSeems to be quite a religious crowd that was brought into this scam. Do you guys think religious people are more susceptible to scams like this, or is it just a coincidence?
Way off topic, I know. My apologies.
June 18, 2007 at 3:41 PM #60163sdcellarParticipantDepends on the religious person, of course. My opinion is that those that have an unwavering, almost childlike faith, are much more easily manipulated. Those that question their faith, much less so.
I, too, may regret weighing in on this…
June 18, 2007 at 3:41 PM #60196sdcellarParticipantDepends on the religious person, of course. My opinion is that those that have an unwavering, almost childlike faith, are much more easily manipulated. Those that question their faith, much less so.
I, too, may regret weighing in on this…
June 18, 2007 at 3:46 PM #60169AnonymousGuestMany perpetrators scammed their own family members, life long friends, church members and coworkers who held them in high esteem. They fostered friendships for only one purpose and that was to scam them out of everything they owned. When investors wanted out or questioned them, they silenced them immediately. It took only one transaction done by Stonewood before they had complete control over their investors’ finances. Many were not in any position to argue. Many investors are still refusing that they could have been used in an elaborate scam by people they trusted.
Core Client.
June 18, 2007 at 3:46 PM #60202AnonymousGuestMany perpetrators scammed their own family members, life long friends, church members and coworkers who held them in high esteem. They fostered friendships for only one purpose and that was to scam them out of everything they owned. When investors wanted out or questioned them, they silenced them immediately. It took only one transaction done by Stonewood before they had complete control over their investors’ finances. Many were not in any position to argue. Many investors are still refusing that they could have been used in an elaborate scam by people they trusted.
Core Client.
June 18, 2007 at 3:54 PM #60178drunkleParticipantisn’t that the definition of *confidence man*?
June 18, 2007 at 3:54 PM #60210drunkleParticipantisn’t that the definition of *confidence man*?
June 18, 2007 at 3:58 PM #60179AnonymousGuestYes, they targeted certain populations, as all scammers do. They targeted people who were trusting and naive, who would have never imagined hurting another human being.
Core Client.
June 18, 2007 at 3:58 PM #60211AnonymousGuestYes, they targeted certain populations, as all scammers do. They targeted people who were trusting and naive, who would have never imagined hurting another human being.
Core Client.
June 18, 2007 at 4:05 PM #60185AnonymousGuestBut, here is where the scammers went wrong, they never imagined that we would work together to try to stop them. Individually, we were easy pickings. They have all our money and the bank’s as well. Check out FBI website and search property flipping and skimming, you will learn as I did what they were up to. Why rob a bank, when you can commit mortgage fraud?
Core Client.
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