Weird Housing Tales, Part 8

From the Chicago Tribune this weekend:

A mortgage broker took a different road. The Sharpsville, Pa., man has been sentenced to three to 15 months in jail and must pay more than $174,000 to an insurance company because he gutted his $1.2 million home, which was in foreclosure and scheduled to be sold at a sheriff’s auction.

Authorities said he stripped cabinets, toilets, a whirlpool bath, locks, garage doors and other items, which led to his conviction on charges of defrauding his creditors.

The man argued in his own defense, stating that he didn’t know he couldn’t take the items with him. The judge said he didn’t buy that, noting that the man had been in the mortgage business.

“Who Knew?”

Source:

“Can’t take it with you”
Mary Umberger
Chicago Tribune, July 6, 2008

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