Archive for September, 2009

Only the Tip of the Iceberg

Tuesday, September 1st, 2009

I recently published an article about a local housing scam, flipping one house three times in several years and making over $600,000 on the deals. I asked why the Commercial Appeal had not published any detailed news of this. I sent the information on to the authorities for investigation and hopefully prosecution. Well, these scam artists have finally been indicted. (See the indictments below and a national article on housing scams, especially Memphis). (more…)