|
|
Mr. Richards a man of integrity? Integrity - adherence to moral and ethical principles; soundness of moral character; honesty. What part of this definition fits Mr. Richards. He purchased numerous properties in his name, thus he signed a note and deed of trust promising the lender to repay the loan AND to occupy the properties, as his principal residence within 60 days of close. So lets see - He bought 10918 Vista Del Valle on 9/20/05 for $420,000 with 100% loans, then bought 1914 Three Bridges on 5/1/06 for $785,000 with 100% loans and then bought 12114 Rodeo on 5/12/06 (11 days later) for $484,000, then bought 12104 Crown Crest on 10/20/06 for $995,000 with 100% loans. Mr. Richards was a busy little bee moving from one home to the other. At worst, Mr. Richards has violated 18 USC 1001, 18 USC 1014, 18 USC 1344 which is punishable by up to 30 years in prison or $1,000,000 in fines, or both.
Stand up guy? Hardly.........
|
|