Apparently not everybody who's been convicted of "mortgage fraud" in the Justice Department's national Operation Quick Flip pogrom is an actual lawbreaker. In fact, the power of the Justice Department to coercively shape the facts to fit its version of truth is about to be exposed in one of the so-called "hotbed cities" of mortgage fraud.
It appears the FBI's wide, tight highly publicized "mortgage fraud" dragnet snags a lot of people who, at worst, were innocent in the sense they had no criminal intent and committed no overtly culpable acts. At best, many of the mortgage fraud "targets" were guilty of working "gray areas"....often on advice of legal counsel. It appears the government's power to coerce confessions, not sincere admissions of wrongdoing, helped build a substantial number of its big, splashy, highly publicized "mortgage fraud" cases.
If you know what I'm talking about and have additional information, or if you'd be willing to be interviewed, please contact me at my website: http://johnkerr.typepad.com
I'm writing a book about Operation Quick Flip and am looking for ordinary business people who were coerced into accepting plea deals as an alternative to financial ruin (the cost of a legal defense) and/or the threat of draconian prison sentences...despite heart-felt belief they were innocent.
In the meantime, watch mortgage fraud news out of Missouri. It appears a Show-Me State grand jury....a thoughtful, truly independent grand jury (as hard as that might be to believe)....didn't buy the government's story about "unwitting buyers" and elaborate conspiracies to trick lending agencies into making bad loans.
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