Confession of a crooked, and I mean crooked, mortgage broker

When I read this guy’s story yesterday I thought, "This has GOT to be fake.  NO ONE would confess to making millions, committing mortgage fraud, and then post it on the internet."  I was wrong, and he did.

It was not apparently written as a confession, but as a resume.  The author, Chris Warren, says he wants a job investigating mortgage fraud, and wanted to demonstrate that he has the background for the job. [You can read the confession/resume here.] If he did what he said he did, he’s got to know more about mortgage fraud than just about anybody.

I first learned about this on this Broker Outpost thread. [The comments are great- note there are still honest brokers out there who hate this kind of stuff.] I also found this interesting thread on Mortgage Grapevine.  In the thread, brokers are talking about their troubles dealing with Warren’s company, and Warren responds, ironically complaining that he is being "slandered".

For the full scoop though, I recommend this video from Channel 10 in Sacramento: [From two days ago.]

 

[If you want to see the way Triduanum's website looked before Warren's "resume" was posted, as they mentioned in the video, click here.]

It makes you want to run out and bailout a mortgage lender, doesn’t it?

Related Posts

  1. A Little Mortgage Broker Humor (August 9, 2007)
    Tagged , , in Humor

  2. Think Your Florida Mortgage Broker Is A Crook? You Might Be Right (August 13, 2008)
    Tagged in Miami Market

  3. FBI Cutting Other Criminal Investigations To Focus On Mortgage Fraud (June 13, 2008)
    Tagged , in Finance, Fraud

  4. Mortgage Broker: I Need Help (September 17, 2007)
    Tagged ,
  5. Talk About A Mortgage Being A Ball And Chain! (October 28, 2008)
    Tagged

Written by

More posts by:

13 Comments for this entry

  1. DCBeacon says:

    Amzing stuff. Warren’s suggestions remind me of an old war movie where US army convicts are required to blow up a german high command center…sort of a suicide mission. The Dirty Dozen?

    I suggest Chris be indicted, imprisoned, and then, along with some other crakerjack criminals, required to do the job he recommends himself for. No pay, no perks, just time off for good behavior when he gets the job done.

  2. Chuck Ponzi says:

    He wants a get out of jail free card.

    Truth is, there were plenty of people (in and out of mortgage banking) that could spot fraud a mile away. Mr. dookie for brains from doing to much coke thinks he’s got an inside read on fraud because he did it. Come on. Really? You think noone else saw it and could have stopped it? This boy shows his age and inexperience in life.

    BTW, what is it with financial crises that always brings out the stupid douchebags?

  3. zazzu says:

    I really tried to get through Chris Warren’s confession. The problem was that his poor writing skills and terrible spelling/grammar made me angrier than his story did.

    Chris Warren is not the lemon yellow crayon he thinks he is.

  4. AngelaE8654 says:

    “I really tried to get through Chris Warren’s confession. The problem was that his poor writing skills and terrible spelling/grammar made me angrier than his story did.”

    That’s actually pretty sad. That means that this guy will probably NOT get a great job like what he’s looking for, and may even get prosecuted.

  5. twist says:

    Zazzu-

    Hey, it’s hard to be a world class crook AND grammarian. He was probably too busy working on one skill to bother developing the other. [Besides, how well do you have to write to throw extra zeroes on a stated income?]

  6. Tim Manni says:

    This reminds me of the true story that they based the movie “Catch Me If You Can” on. The real guy behind Leonardo DiCaprio’s character has worked for the U.S. Gov for decades as a top authority on fraud. If you can’t beat ‘em, join ‘em.

    Ponzi- I agree with the get out of jail free card. But hey, maybe these scum bags can make something of their lives by sharing the literal tricks of their trade.

  7. KXTV10 says:

    Update: Christopher Warren spilled his guts then left town.

    http://www.news10.net/news/local/story.aspx?storyid=54342&catid=2

  8. vpaige1 says:

    This is all because of greed..every man for himself huh?

  9. asdqwe says:

    I really tried to get through Chris Warren’s confession. The problem was that his poor writing skills and terrible spelling/grammar made me angrier than his story did.

    Chris Warren is not the lemon yellow crayon he thinks he is.

    Dog Obedience

  10. andy07 says:

    world class crook AND grammarian – interesting combination.

  11. bbq smokers says:

    Why are you guys criticizing on Chris’s grammar too much. He is a world class crook and not a writer.

  12. There is a reason many financial institutions check criminal records for crimes of moral terpitude. Why would he not commit fraud again?

  13. GaryC says:

    I have been a victim of a crooked mortgage broker.  Even the few ethical ones will lie to you or misrepresent things.  They want to make money!

Comments are now closed.