Thu, 04/28/2011 - 3:07pm - Posted by: richlewis

The conspirators took proceeds from the fraudulent mortgage loans, having funds wired into various accounts that they controlled. The straw purchasers were paid a portion of the funds, and the recruiters of the straw purchasers shared the remainder of the funds with other co-conspirators... looks like a lot of people got paid here. Are the conspirators even known? Guess not! This case is as open as it gets. I though they usually let the small fish go in order to catch the big fish.

Lewis vs. Debt

Mon, 04/25/2011 - 2:15am - Posted by: highspot

According to the superseding Indictment, from December 2006 through February 2007, the conspirators arranged to sell real estate properties to "straw purchasers" who had good credit scores, but lacked the financial resources to qualify for mortgage loans to purchase them. Thaxton recruited Patricia and Jamilah Smith into the scheme to serve as straw purchasers.

Alex - contracts for difference consultant.

Sun, 03/21/2010 - 6:10am - Posted by: Wildwood is Camden with Condos

I have been living in North Wildwood for 35 years..I sold all my property to you uneducated MORON"S for top dollar during the real estate boom, and put all my money away, and now I lease a house here.. I would NEVER buy another property on this island EVER !!!!!!!!

But thanks for paying my $650,000 for my water front duplex I bought in 1986 for $125,000, and thanks for buying my 4 apts in wildwood for $300,000 that I bought for $55,000 in 1989, and thanks for buying my 5 bdrm home in N Wildwood for $500,000 that I paid $180,000.

I am enjoying my winter home in FLA thanks to you greedy idiots !!!!!!!!! I love not working any more at the age of 45, and fishing and going to the beach...

It is not that people made bad decisions on real estate, it is the fact that they are to stupid to realize they are being scammed to thinking they are buying an investment property,, but in reality they are upside down on their property and wish they never came here.. to late now !!!!!!! so the best thing to do is to walk away as fast as you can.. before you loose more money.. If you IDIOTS cannot see that the real estate boom ruined this island, then you are living in fairytale land with peter pan and tinkerbell !!!!!!

Ray Charles could have seen this coming in 2002, I saw it coming then and I have been telling people buying property here is a bad investment.. that was in 2002.. even when I was selling my property.. I ask them what they thought they were doing .. but they thought they were getting over on me and buying my property cheap and going to sell it later for more money,,, NOT..... I used my crystal ball !!!!!! and some common sense ..and guess what.. I was 100% right.. the real estate boom has put North Wildwood back 100 years..

Sat, 03/20/2010 - 7:52pm - Posted by: MrReasonable

"Wildwood is Camden with Condos", you say "the longer you own property HERE...the more you have to lose". If you say "here" I presume you are in town. Why haven't you left if things are as bad as you say they are????? What are you waiting for????? See ya!!!!

Sat, 03/20/2010 - 12:02am - Posted by: albie27

The name of the game in "real estate" over the course of the last 15 years has been screw before screwed...this is merely a symptom of a malady whose severity won't be fully realized for years.

Fri, 03/19/2010 - 12:23pm - Posted by: Mare mare

Mr. "wildwood is camden with condo's", curiosity has me wondering, what your history is here in the wildwoods? When did you move here, or were you hatched here? You are yet another person who thinks its your right and duty to name call and talk down to people. While I realize some people haven't made the best decisions regarding the purchasing of some real estate, I think that few people went into it to rip off. How can you assume that the masses have been coniving and thoughtless because they thought at the time they were investing in their futures by means of propert purchases?
I for one was raised here and continue to love the wildwoods even though we have had our ups and downs through the years. I certainly wouldn't liken it to camden, where you can't breathe fresh ocean air, walk the neighborhoods, or enjoy outdoor recreation without watching your back every second.
Attitude is every thing, and you have a poor one! You are a part of the problem, not a part of the solution, so My advice to you is to pick up your bedroll and mosey off to the hills somewhere that suits someone like yourself!
P.S. I do not condone the acts of this mother and daughter team and wish to see these two swindlers pay for their actions in court. Remember, there are always going to be thieves(not only in the wildwoods), and thank God these two were caught. There is a laundry list of these types of crimes, and the feds are up to their ears in case loads all over this country.

Fri, 03/19/2010 - 8:10am - Posted by: Scorpion

Our 2010 tourism campaign slogan:
Corruption and North Wildwood - perfect together. You are absolutely right WICWC, this is just the tip of the iceberg.
And yes, Section 8 is alive, well and thriving in North Wildwood.

Fri, 03/19/2010 - 7:31am - Posted by: Gooch_Splitter

Wildwood is Camden with Condos,

That would be "loser" not "looser"
"owe more" not "own more", and
"more you have to lose" not "more you have to loose"

Either this was a drunken 6am rant or your education came from Camden

Fri, 03/19/2010 - 7:10am - Posted by: Vag_Lover

Can you say "Section 8"?

Fri, 03/19/2010 - 5:00am - Posted by: Wildwood is Camden with Condos

This is just the beginning of people involved with real estate fraud deals in N Wildwood,
I though I was going to read about JPP in this article.. When is this looser going to be thrown out of town?. This is just the start of this town going down like an airplane with one wing, spiraling downward out of control and no way to stop it !!! IF you own more on your home than what it is worth.. do the smart thing.. WALK AWAY AND GIVE YOUR KEYS TO THE BANK.. 50% of all the real estate deals in this town are upside down...the longer you own property here.. the more you have to loose !!!!!!!