Note: This blog's templates will be updated this afternoon to a responsive design bringing it in line with MiamiHerald.com.

At that time, we will also change to the Facebook commenting system. You will need to log in with a Facebook account in order to comment.

« Suspicious letter delivered to Rubio office at Capitol | Main | Haridopolos, the history professor, gets lesson learned in running state Senate »

A fugitive couple and South Florida's Russia-linked mortgage fraud machine

For fugitives Victor and Natalia Wolf, the police poster tells the story: hundreds of victims from land fraud swindles across Florida totaling millions in losses.

But the couple’s lasting legacy may be found in their most prized possession: their home.

In their final desperate days, the Wolfs managed to get a spate of sham mortgages slapped on their North Miami Beach house — creating 21 fake transactions — to squeeze millions from lenders before vanishing.

The wheeling and dealing — phony deeds, forged signatures and a straw buyer — has left investors fighting over who owns the stately waterfront house at the center of the couple’s real-estate empire.

“It is mind boggling,” said Fort Lauderdale attorney Roman Groysman, representing a burned lender in a battle over the home. “They did everything imaginable in the realm of fraud.” Amazing story by Mike Sallah here.


Read more here: http://www.miamiherald.com/2012/02/25/2661489/the-south-florida-house-that-became.html#storylink=cpy

Comments