“Banks that own the foreclosed homes are reluctant to pursue the perpetrators, Krotic says, because they don’t have the resources to hunt down the miscreants. Even if they’re caught, the unwanted publicity from their prosecution would likely incite more parties.”

~

‘Sharpie Parties’ Fuel Rampage on Foreclosed US Homes

* Teenagers get invitations to vandalism parties, descend on foreclosed homes

* Invitations posted on Facebook, Twitter

* Homes wrecked with “Sharpies,” arrests made

By Tim Reid

LOS ANGELES, Aug 16 (Reuters) – In the age of Facebook and Twitter, a new crime has hit America: “Sharpie parties,” gatherings of party revelers armed with “Sharpie” magic markers and lured by social media invitations to wreak havoc on foreclosed homes.

Five years into the U.S. foreclosure crisis, Sharpie parties are a new form of blight on the landscape of boarded-up homes, brown lawns and abandoned streets. They are also the latest iteration of collective home-trashing spurred by social media.

At least six Sharpie parties were reported in one California county in recent months, where invitations posted online drew scores to foreclosed homes.

Rest here…

~

4closureFraud.org