Saints assistant suspended for role in scam

Discussion in 'The National Football League' started by Wolf, Aug 30, 2010.

  1. Wolf

    Wolf 100% Texan

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    http://sports.yahoo.com/nfl/news;_ylt=AnMeLtU7BFs8hd6CswmfCk4dsLYF?slug=ap-saints-coachsplea
     
  2. Koolaid Time

    Koolaid Time Drink Up!

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    "In June, Jones entered a plea of conspiracy to commit mail fraud in U.S. District Court in Texas’ Eastern District. Court records show Jones also signed a factual statement admitting his role in the alleged scam, which netted him about $86,000.

    Jones allegedly was among numerous people who made false statements on loan applications and other real estate documents in order to obtain mortgage loans in a scam allegedly run by Florida resident John Barry.

    The loans were used to buy properties that were sold for more than market value, with kickbacks going to the scam’s participants—which included appraisers, mortgage brokers and real estate agents—before the buyers walked away and allowed the banks to foreclose."

    How about the minimum two years in "Club Fed" he has to do?
     
  3. steelbtexan

    steelbtexan Hall of Fame

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    If it was my $$$$ that he stole an approiate punishiment should be castriation. IMHO
     
  4. Wolf6151

    Wolf6151 Hall of Fame

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    In the end it was your money, my money, and all of our money that was stolen because that's where the bank gets their money from.
     

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