Cars ordered seized related to Mortgage scam

328gtsfan · Mar 19, 2008

Adding a little spice to a cars history, these cars came up during the mortgage investigations.

http://ag.ca.gov/newsalerts/release.php?id=1533

LOS ANGELESCalifornia Attorney General Edmund G. Brown Jr. today shut down Lifetime Financial, Nations Mortgage, Greenleaf Lending, Virtual Escrow, Olympic Escrow and Direct Credit Solutions, accusing the predatory lending companies of pushing homeowners into illegal and unconscionable loans.
......
Yesterday, the Los Angeles Superior Court, at the request of the attorney general, froze all the companies real estate and bank accounts and enjoined them from engaging in further predatory practices. The freeze order also included expensive cars and millions of dollars in private real estate owned by Eric Pony. Brown also seeks an estimated $20 million in penalties and restitution.
Click to expand...

They included the following vehicles:

1999 FERRARI F355 BERLINETTA
Ferrari, license plate number 5KGS812, VIN number
ZFFXR41A5X0115613, registered to Dean D. Storm (Req. for
Judicial Notice, Exh. D4.)

2006 FERRARI 430 F430
Ferrari, license plate number 5VCW180, VIN number
ZFFEW58A160148330, registered to Eric Michael Pony (Req. for
Judicial Notice, Exh. D1.)

Tony K · Mar 19, 2008

So are they FChat members?

Pantera1523 · Mar 20, 2008

Looks like the 355 was listed on Dupont Registry back in Feb of 2007... http://www.dupontregistry.com/autos/Search/DRauSearchDetails.aspx?itemid=364284

Not sure if it is still for sale but the link still has the pictures. It's a Yellow GTB with F1...

Scott

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Cars ordered seized related to Mortgage scam

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