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Added: Lonnell Lambrecht - Date: 28.01.2022 15:55 - Views: 36665 - Clicks: 8141

Continue Reading May 27, at pm Leave a comment. Has anyone seen a list of the investors in the latest Ponzi money scam? I read where William Parente, the New York Lawyer that killed himself and his family at a Towson hotel last week, did it to avoid being charged with scamming investors for 20 million dollars. I heard he lost 3 million in the Bernard Madoff Ponzi scheme see article belowand figure he may have had some money with Parente.

Williams seems to have money in all types of things. I know he has 50 thousand dollars of money he made when he sold a house he bought from me.

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This was a house I was forced to sell to avoid foreclosure. How does he figure he is entitled to make that kind of money for doing nothing but being at the right place at the right time?

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If I had known my home was going to be worth that much more money in 20 months I would never have sold it. I hate him and hope he loses all of his money. Williams, he is also known as an aggressive player in the real estate market of Annapolis, MD. Exact figures are impossible to determine due to Williams refusal to comment on which trusts he owns and controls, but one thing is certain, he stands to lose all he has invested in the fraud.

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Many of these individuals who were forced to sell their homes to Williams at ificant discounts when in foreclosure expressed their pleasure in hearing Williams was losing some of what they feel was ill gained money. It shows there is always someone smarter than those who know it all, stated one unhappy individual who sold his home to Williams and rented it back rather than lose it to the bank. Faced with few options, and no other buyers, he sold his house to one of the many Trusts Williams owns, for little more than what was owed. Neither Loren J. Williams nor Bernard Madoff would comment on the loss, and we may never know how much either lost or stole.

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