State Supreme Court Justice Under Investigation For Fraud?

Posted on November 2, 2012

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Michigan (Tresa Baldas-Detroit Free Press) – The FBI is investigating Michigan Supreme Court Justice Diane Hathaway over a questionable real estate deal involving a $1.5-million waterfront home in Grosse Pointe Park, the Free Press has learned.

The deal, according to law enforcement officials, allowed Hathaway to erase more than $500,000 in mortgage debt on the home by moving other properties around to relatives, and then unloading the $1.5-million house in a short sale.

Former FBI chief Andrew Arena, who retired just weeks before the Hathaway investigation would have started, said this is a common mortgage fraud scheme in metro Detroit.

“This is a plausible scheme. It is one that I’ve seen in the past,” Arena said of the alleged Hathaway transactions that are under investigation. “It’s a shell game – you move properties around.”

Read more:     http://www.freep.com/article/20121030/NEWS05/121030051/FBI-investigates-Michigan-Supreme-Court-Justice-Hathaway-possible-mortgage-fraud

Posted in: Corruption