shininglist.com shininglist.com
   Index :> About Us :> Privacy Policy :> Terms & Conditions :> Add Url :> Add Your Article
Search:   
Get Multiple Links
 

Culture & Art

Healthcare & Medicine

Careers & Employment

Vehicles & Automotive

Outdoor & Sports

Online & Indoor Games

Self Healing

People & Communities

Property & Agents

Hotels & Travel

Science & Space

Lifestyle & Fashion

Software & Networking

Banking & Finance

Shopping Online

Academics & Learning

Policies & Law

Recreation & Entertainment

Drink & Food

Children & Teens

Events & News

Business & Companies

Family & Home

Hygiene & Health


 

Index » Banking & Finance » Mortgage & Property Loan
 

Man Fakes Death to Qualify for Mortgage

 

Allen Wolford of Colorado came to the conclusion that the only way to qualify for a home mortgage was to die.

The embalmer wanted to purchase a home with his wife, but with $50,000 in debt, he did not qualify. So he made a decision.

His faked death certificate said that he died from cardiac arrest. Wolford is now facing 3 years in prison on forgery, and he still didn't get the mortgage.

The official arrest affidavit shows that Wolford told police that he faked his death in order to rid himself of nearly $50,000 in debts. In fact, almost $42,000 was from child support he had failed to pay.

He is being held without bail in the El Paso County jail on suspicion of forgery and a fugitive warrant from California for parole violation and larceny.

Wolford, who worked for the Evergreen Funeral Home in Colorado Springs, confessed to creating a false death certificate.

"I didn't think I'd get caught. I guess it was pretty stupid," Wolford told police officer Connie Guthrie. He said that he attempted the plan because the lingering debts had disqualified his family from a mortgage loan.

The West Virginia State Child Support Division received an e-mail copy of the phony death with a note saying his wife was not responsible for her deceased husband's back child support.

Wolford told police that his wife didn't know anything about the scheme.

Wolford also sent a copy of the death certificate to the Colorado attorney general's office, since he owed $7,000 in student loans to the state of Colorado.

The agencies that received the death certificate tried to verify it wiht the El Paso County vital statistics office. The office had no record of the certificate on file. They contacted the funeral home listed, who then went to the police.

Wolford will probably not be approved for a mortgage for several years to come, if ever.

Author: Martin Lukac
 
Author Bio:

Martin Lukac

Martin Lukac, represents RateEmpire.com and #1 American Financial, a finance web-company specializing in real estate/mortgage rates. Find low home loan mortgage interest rates from hundreds of mortgage companies!

 
 
 

Related Articles

 
Chapter 7 Bankruptcy Laws
 
Invest in R-pM Corporations that can manage your Investment
 
The Best Stock To Own
 
What's In Your Wallet? Is It The Right Credit Card For You?
 
Don't Deny Reality
 
Begin The Debt Consolidation Process Today
 
Getting A Better Interest Rate Is Not So Hard
 
The Source Of Mortgage Money
 
What Is The Loan Option Available To A Tenant Or Those Unwilling To Use Their Collateral?
 
No Teletrack Payday Loans
 
 
 
Index :> Privacy Policy :> Terms & Conditions  
Copyright © 2008 www.shininglist.com All Rights Reserved.