Fraud Scheme Involved 55 Properties, Mortgages Totaling $29.2 Million
JACKSONVILLE, Fla. -- A 60-year-old former real estate appraiser pleaded guilty in federal court Thursday to wire and bank fraud in a scheme that involved 55 properties and mortgages worth $29.2 million.
Barry C. Westergom faces up to 30 years in federal prison and a fine of $1 million, according to United States Attorney A. Brian Albritton.
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Ex-Property Appraiser Pleads Guilty To Fraud
3 posts • Page 1 of 1
Ex-Property Appraiser Pleads Guilty To Fraud
by Otis on Fri Oct 09, 2009 11:08 pm
http://www.news4jax.com/news/21248700/detail.html
Don't believe everything you think 
What are they SMOKING?<<Link
What are they SMOKING?<<Link
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Otis - Certified Residential
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Re: Ex-Property Appraiser Pleads Guilty To Fraud
by Francois K. Gregoire on Sat Oct 10, 2009 5:30 am
The name is familiar. The FREAB revoked his ticket back in 2006. When I get back from the AARO meeting I'll check to see if I have some info.
Frank
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Francois K. Gregoire - Certified Residential
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Re: Ex-Property Appraiser Pleads Guilty To Fraud
by Steve Owen on Sun Oct 11, 2009 3:01 pm
Prosecutors said Westergom used inappropriate comparable properties and other fraudulent means to set appraised value significantly higher than the agreed purchase price and the true market value of the property.
Wonder what he got paid for doing that....
Did you ever feel like the world is a tuxedo and you're a pair of brown shoes? - George Gobel
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Steve Owen - Certified General
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3 posts • Page 1 of 1
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