3 ms·
I'll get hammered for this, and I don't like FBI secretly recording anyone, but in this particuliar case; I'm kinda glad they were at least interested in stoppi
by marincounty 10y ago
I'll get hammered for this, and I don't like FBI secretly recording anyone, but in this particuliar case; I'm kinda glad they were at least interested in stopping this alleged crime.
The crime? Supposedly, guys were buying up foreclosed properties. Yea, they were just doing what every get rich in realeste book/seminar suggests. They were buying up forclosed houses/apartments by the thousands. They were paying off competitors to Not bid on certain properties. They were rigging the system. They were in violation of The Sherman Anti-trust Act.
Again, I think it's wrong, but have no sympathy for shinagigans concerning public auctions, and rich guys breaking laws.
(These forclosed properties usually only get a blurb in back of some newspaper. If I had money, I would be bidding on them. I went to one years ago in my county, and I was suprised how few people were there.)