“I cannot believe that there are more complaints for timeshare fraud than there are for the next four categories combined,” said Lisa Epstein, founder of foreclosurehamlet.org
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“Lobbying pays,” said Epstein, referencing a 2008 study by Frank Yu of Barclays Global Investors that found a direct link between corporate campaign contributions and a reduction in fraud investigations. “Money and politics is a good mix for the corporations and the financial sector and really bad for the consumers that elect legislators to represent them.”
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Crackdown on Florida timeshare fraud causes rift
Attorney General Pam Bondi is backing a bill to cut down on timeshare fraud, even as she faces criticism over political donations and her role in investigating other types of fraud.
TALLAHASSEE — Despite Florida’s struggles with Medicare fraud, foreclosure “robo-signing” and prescription drug “pill mills,” the attorney general’s top legislative priority is to clean up timeshare resale fraud.
Attorney General Pam Bondi says timeshare resale fraud is by far the top consumer complaint her office has received in the past two years. With more than 19,000 complaints since 2009, timeshare resales fraud outnumbers the next four categories combined. To tackle the growing problem, Bondi teamed up this month with two Republican lawmakers to sponsor the Timeshare Resale Accountability Act.
At the same time, one of the Republican party’s top donors during the third quarter is the American Resort Development Association (ARDA), a Washington-based timeshare trade group that has more than doubled its giving this year to $281,787 (up from $135,000 in the first three quarters of 2010). That group has explicitly stated that its legislative priority this year is to see that bill passed.
“That’s probably turned into our No. 1 issue,” said Jason Gamel, vice president of state government affairs for ARDA’s Florida office. “It was pleasant to see the attorney general look at those issues and try to clean things up.”
You can check out the rest here…
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Everything Fidelity National Title does is filled with fraud.
In New York Supreme Court it is one of their attorneys Frank P Malone that paid
a bribe to judge Alice Schlesinger to get her to rule that a Forged Deed is good.
She is paid to punish the people of her state, this is what happens when the 99% sell their votes for some ISM. People learn when they have to pay and when they are hurt, otherwise they do nothing, history has demonstrated this time and time again.
…..when she is paid to protect the people of Fla, but makes up these bogus efforts to clean up our STATE problems……there is omly one thing I can say……..thankless, uncaring BITCH…….
“Lender Processing Services, a Jacksonville-based mortgage software firm under investigation for foreclosure fraud, and its parent company Fidelity National Financial contributed more than $2,000 to Bondi’s election, according to campaign finance records. Three executives of Tampa-based process server ProVest donated a total of $1,500 to Bondi last year even as their company was being investigated by the attorney general’s office. ARDA-ROC, an affiliate of the timeshare trade group, sent the attorney general a $500 donation last year as the election neared.”
So Bondi prostitutes herself out pretty cheaply? Or is it more likely there are much higher figures in the “undisclosed donations”.
The real cash doesn’t get reported.
…..and those numbers might stagger ya’!