Ronnie Duke of Hardcore busted by the feds...
08-17-2007, 11:54 PM
#22
Originally Posted by JMBLOWNWS6
Short version!
Originally Posted by 540chief
Here's the deal... I worked there (at both locations, Flint and Brighton) and my named is spelled Kelley, and yes, I am a male. Just to clear that up!
There were 3 partners in the beginning. Ronnie, Bill, and Nevie (the large black woman, very nice person for the most part). All worked out of the Clio Rd. shop doing mortgages of the shady kind, and maybe some legal ones - not real sure. I know there were many, many investors that would let them use their names in real estate transactions and would get paid to do so. Ronnie has been banned from doing mortgages in Michigan for a couple of years now. (Public info on Michigan.gov's website) I know of 3 people for sure that now owe banks over 2 million dollars each in real estate deals - some they didn't even know about! I won't get into many more details, but there were many other ways they made money with fraudulent real estate deals.
Ronnie and the other two split up 2 1/2 years ago due to personality differences and Bill and Nevie started the shop in Brighton. The automotive business there was doing very well after I got on board. We were very busy, but meanwhile, the owners were still doing the same mortgages but now out of the Brighton location.
I was interviewed by the FBI, this thing has been investigated for a couple of years now. They raided all of the owners homes, the Brighton and Fenton shop at the same time - Friday the 13th @ 9 am. Go figure. They're all goin' down - hard.
I would'nt be suprised if all of the assets of the 3 of them are seized by now.
WOW!
Originally Posted by 540chief
Here's the deal... I worked there (at both locations, Flint and Brighton) and my named is spelled Kelley, and yes, I am a male. Just to clear that up!
There were 3 partners in the beginning. Ronnie, Bill, and Nevie (the large black woman, very nice person for the most part). All worked out of the Clio Rd. shop doing mortgages of the shady kind, and maybe some legal ones - not real sure. I know there were many, many investors that would let them use their names in real estate transactions and would get paid to do so. Ronnie has been banned from doing mortgages in Michigan for a couple of years now. (Public info on Michigan.gov's website) I know of 3 people for sure that now owe banks over 2 million dollars each in real estate deals - some they didn't even know about! I won't get into many more details, but there were many other ways they made money with fraudulent real estate deals.
Ronnie and the other two split up 2 1/2 years ago due to personality differences and Bill and Nevie started the shop in Brighton. The automotive business there was doing very well after I got on board. We were very busy, but meanwhile, the owners were still doing the same mortgages but now out of the Brighton location.
I was interviewed by the FBI, this thing has been investigated for a couple of years now. They raided all of the owners homes, the Brighton and Fenton shop at the same time - Friday the 13th @ 9 am. Go figure. They're all goin' down - hard.
I would'nt be suprised if all of the assets of the 3 of them are seized by now.
WOW!
Brian
08-18-2007, 10:12 AM
#23
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years ago there was ALOT of talk about his work in the mortgage business. In fact several links were posted to news feeds talking about it. Most of it sounded prtty bad too. I think the people here that were dealing with him at the time did the right thing, and didn't feed the rumor mill. Like Powell said, it eventually catches up with you.
