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Old 05-07-2016, 02:08 AM
 
Location: US
32,530 posts, read 22,043,151 times
Reputation: 2227

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CAMDEN, N.J. – A pastor of the now-defunct ReBirth International Church in Elizabeth, New Jersey, admitted today to defrauding financial institutions as part of a $15 million mortgage fraud scam that used phony documents and “straw buyers” to make illegal profits on overbuilt condos, U.S. Attorney Paul J. Fishman announced. - https://www.justice.gov/usao-nj/pr/u...e-fraud-scheme
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Old 05-07-2016, 07:28 AM
 
Location: S. Wales.
50,088 posts, read 20,738,332 times
Reputation: 5930
Quote:
Originally Posted by Richard1965 View Post
CAMDEN, N.J. – A pastor of the now-defunct ReBirth International Church in Elizabeth, New Jersey, admitted today to defrauding financial institutions as part of a $15 million mortgage fraud scam that used phony documents and “straw buyers” to make illegal profits on overbuilt condos, U.S. Attorney Paul J. Fishman announced. - https://www.justice.gov/usao-nj/pr/u...e-fraud-scheme
Merely another persecuted martyr for his Faith or perhaps a Not Real Christian. It doesn't do anything to dent True Biblefaith.
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Old 05-07-2016, 02:22 PM
 
Location: Northeastern US
20,013 posts, read 13,491,416 times
Reputation: 9944
Quote:
Originally Posted by TRANSPONDER View Post
Merely another persecuted martyr for his Faith or perhaps a Not Real Christian. It doesn't do anything to dent True Biblefaith.
Indeed. These threads are pretty useless at least to the people engaging them because all it seems to produce are those two tired littanies: Not Really One of Us or Not Really That Bad / You Are Persecuting Us.

In any case in the BC* era, I suspect these things happened just as frequently, thought they are probably somewhat more likely to be reported in the press today. I was certainly aware of such tales of perfidy when I was a Christian, enough to find them embarrassing. Ultimately I didn't leave the faith because of these bad exemplars anyway ... I left because its dogma was not predictive or descriptive of real world outcomes and it wasn't working for me personally.

* Before Cupper
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Old 05-07-2016, 04:08 PM
 
9,981 posts, read 8,595,058 times
Reputation: 5664
this is really pretty mild, apparently all they did was overinflate values
so that they could get better loans.

you see, it's not criminal when the government does it.
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