When word came out that Lindsey Hunter was being investigated by the FBI, most Detroiters chalked it up to “wrong person” or “just a bad business partner”.

But now it seems certain that Hunter’s company did indeed commit real estate and mortgage fraud of some kind.

Ralph Roberts, a nationally recognized Mortgage Fraud analyst had this to say to Marketwatch

“I audit hundreds of real estate files every year, and this file takes the cake,” says Roberts, who runs the popular real estate fraud awareness and prevention blog http://www.FlippingFrenzy.com. “If anyone is looking for a trademark signature of mortgage fraud, I think they’ll find it here. From fabrication of Bruce McClellan’s assets and making outrageous claims about McClellan’s guaranteed return on his investment, to making no real attempt to sell the investment property and taking cash back at closing, here we have what appears to be knowingly committed mortgage fraud.”

So unless Lindsey can prove that he had no knowledge of this deal or that he was just a silent partner (cough cough bullcrap), then Lindsey will be spending some time in federal pound me in the ass prison

On a positive note though, at least he’ll dominate those prison b-ball games…