Fraud Defined

What does fraud mean to you?  Way back (10 months ago) when I first started speaking up about mortgage fraud, I looked up the definition in my dictionary.  I published this definition in my letter dated 10/07/05.

House of Fraud

Fraud = Intentional deception to cause a person to give up money.  Something said or done to deceive.

People are all over the map with the way they use the word fraud.  A recent example:

“If it wasn’t FHA, it would be fraud” said John Head, a Denver lawyer who represents victims of mortgage-fraud schemes.

This was published in the Denver Post, 08/24/06, front page article:  Foreclosing on the American dream – part of an occasional series.

Further research:

Fraud:  Google definition, dictionary.com,  legal dictionary, or try this list of other dictionaries.

My theory:  everyone starts with the bedrock principle that fraud cannot include anything “I” have ever done.  Fraud – by definition – is limited to something “the other guy” has done, but never me.

tags

mkg hocus+pocus appraisal mortgage fraud foreclosure foreclosure+rescue john+head real+estate less+than+perfect

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4 Responses to “Fraud Defined”

  1. [...] Sadly, property values on this block have been dragged down by the mortgage fraud schemes of HUD and the 3 Amigos ( Searle/Jesus/Searle). Property values are being dragged down by 3 vacant houses in foreclosure: [...]

  2. [...] I received this letter from a lawyer.  The lawyer tells me that Shawn Tieskotter denies any involvement with mortgage fraud.  In fact – if you read carefully, you will see that Mr Shawn Tieskotter does not just simply deny – he CATEGORICALLY denies. [...]

  3. [...] An appraiser must not communicate assignment results in a misleading or fraudulent manner.  [Note: Fraud = Intentional deception to cause a person to give up money. Something said or done to deceive.] [...]

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