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3 People Sentenced In Mortgage Fraud Case

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3 People Sentenced In Mortgage Fraud Case

Postby Otis on Fri Jun 27, 2008 9:58 am

http://www.kctv5.com:80/news/16715996/detail.html
KANSAS CITY, Mo. -- Three people involved in a high-profile mortgage fraud case linked to former Jackson County Executive Kathryn Shields have been sentenced.

Larry Barshaw and his wife, Linda Thompson-Barshaw, will serve five years probation and six months of house arrest.

Former real estate appraiser Jerry Plagman was sentenced to two years probation.

They all pleaded guilty to a scheme to illegally inflate the value of Kathryn Shields' home.

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What are they SMOKING?
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Additional report on this one

Postby Otis on Fri Jun 27, 2008 5:10 pm

http://www.lsjournal.com:80/100/story/13045.html
Jeremy A. Plagman, 30, of Lee’s Summit, formerly an appraiser doing business as JET Appraisals in Lee’s Summit,
<snip>
Plagman was sentenced to two years of probation, including 30 days of home detention under electronic monitoring. As a condition of his probation, Plagman may not be involved in the real estate industry. The Barshaws were each sentenced to five years of probation, including six months of home detention. The court also ordered each of the three co-defendants to pay a $2,000 fine, and ordered the Barshaws to pay $1,517,108 in restitution.
<snip>
Plagman provided an inflated appraisal of $1.2 million for the property at 5034 Sunset Drive.
<snip>

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Postby Steve Owen on Fri Jun 27, 2008 10:54 pm

Shields and her husband were acquitted of the crime last year.


Ya gotta love the justice system.

Plagman was sentenced to two years of probation, including 30 days of home detention under electronic monitoring. As a condition of his probation, Plagman may not be involved in the real estate industry. The Barshaws were each sentenced to five years of probation, including six months of home detention. The court also ordered each of the three co-defendants to pay a $2,000 fine, and ordered the Barshaws to pay $1,517,108 in restitution.
Ouch!@!*&

Yea.

One for the good guys.
I haven't a particle of confidence in a man who has no redeeming petty vices.
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