Tuesday, June 12, 2012

How we got Mercy Manor

This story is from the Augusta Chronicle from May 2012. We were given Mercy Manor from the bank in Waynesboro, Ga. in 2009.  Our address is 644, 646, 648, 650 Crawford Avenue. The 4 doors in the previous post have a different address. We do not pay taxes on this piece of property because it is used for non-profit purposes. The people who rent from us pay $300 a month which includes all utilities. They can eat next door at the Mercy Ministries Day Center and use our laundry room for no charge.

 

 

Former Augusta Commission candidate Robert DeMello sentenced to 58 months in federal prison for bank fraud



Former Augusta Commission candidate Robert DeMello was sentenced Monday in U.S. District Court to 58 months in federal prison.
Robert DeMello, a former candidate for Augusta Commission and Georgia Senate, was sentenced in U.S. District Court to 58 months confinement for bank fraud.  FILE/STAFF
FILE/STAFF
Robert DeMello, a former candidate for Augusta Commission and Georgia Senate, was sentenced in U.S. District Court to 58 months confinement for bank fraud.

DeMello, a real estate broker who in 2005 lost a bid for the commission District 1 post to Betty Beard, was indicted two years ago along with property manager Raymond Turner and appraiser William Raulerson on three counts of bank fraud and one count of conspiracy to commit bank fraud.
The indictment said that between 2003 and 2010 DeMello recruited and paid several individuals to serve as straw buyers to purchase Augusta properties – located at 644 Crawford Ave., 1211 and 916 Greene St., and 2570 Lumpkin Road – at inflated values used to obtain mortgage loans from a Waynesboro, Ga., bank.
DeMello and Turner, who according to the indictment obtained fraudulent appraisals of the properties from Raulerson and filed the mortgage applications, were ordered together to pay the bank restitution of $451,656. Turner was sentenced last year to 62 months in federal prison.
According to minutes from his sentencing, DeMello accepted a plea agreement and was sentenced on Count 2 of the indictment, bank fraud. He requested a federal facility and agreed to turn himself in by Saturday.

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