Monday, July 19, 2010

$217K Restitution Ordered In Larry "Maximum" Maxwell Mortgage Fraud Case...

Stock photo and blog post by John Hoff

Larry "Maximum" Maxwell, who sits behind bars over the fraudulent sale of 1564 Hillside Ave. N., (a transaction in which slumlord Keith Reitman was the seller) was the subject of extensive coverage on this blog during his trial and sentencing, click here for an example.

Recently, I was provided a copy of the restitution order in that case, which orders $217,687.54 in damages, click here for a PDF copy. However, the order DENIES a sizable amount of other damages, including enormous amounts of uncompensated time spent by John's wife--Melony Michaels--to investigate the fraud perpetrated on her husband and bring the perpetrators to justice. With much respect to the judge, I think this was a close legal call and unfortunately the judge came down on the wrong side of that restitution. I hope the Hennepin County Attorney appeals this matter and John Foster (and wife) GET ALL THE RESTITUTION THEY ARE ENTITLED TO GET.

As for the individuals who were involved in the 1564 Hillside Ave. N. transaction--(they know who they are)--the angels of justice hover closer every day, so close you can feel their breath and hear their wingbeats. It must be a gut-wrenching feeling, knowing you've done wrong and not only is God watching, but so is the blogosphere.


Anonymous said...

Hint hint wink wink nudge nudge, Kough Roughmen.

Anonymous said...

New rules need to be made helping victims get all the restitution they deserve. Thanks for the updates on this story.