Tuesday, June 22, 2010

Judge Allows F'closure Rescue Scammer To Buy Down 5-Year Prison Term To Three Years In Exchange For Immediately Coughing Up $25K In Victim Restitution

In Atlanta, Georgia, My Fox Atlanta Channel 5 reports:

  • A man running a scam foreclosure company exposed by the FOX 5 I-Team pleads guilty. It was more than three years ago that the I-Team captured the company on hidden camera and the victims are finally getting some relief. All but one family lost their home to foreclosure after dealing with Dwayne Green of Maximus Investments. They told the judge often times they scraped together their last $500 handing it over to him because Green said he could save their house. The judge handed the head of Maximus Investments a maximum sentence.

According to the My Fox Atlanta Channel 5 video report, the judge slammed Green with five years in jail and ordered to pay his victims $50,000 in restitution. The judge then offered him an option to buy down the five year sentence to three years if he coughs up half the restitution upfront before being hauled away to prison. Shortly thereafter, Green reportedly exercised the option and presented the court with $25,000 in money orders.

For more, see I-Team: Maximus Guilty Plea.

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