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Tag: Marshall Home

  • UPDATE: Criminal Charges Upgraded Against Reputed ‘Sovereign Citizen’ Marshall Home; Accused Schemer Now Charged With Alleged Theft Bid From Fannie Mae, Freddie Mac

    Marshall E. Home, the 81-year-old “sovereign citizen” accused in Arizona two months ago of filing a false petition to place the United States in involuntary bankruptcy and causing at least 173 false claims to be filed against the nation, has more legal problems.

    Home and Margaret Elizabeth Broderick of Tucson have been charged in a superseding indictment with bankruptcy fraud, mail fraud and wire fraud.

    Through an entity known as “The Individual Right Party; Mortgage Rescue Service,” Home and Broderick hatched a scheme by which they charged $500 and offered purported relief to foreclosure subjects, prosecutors said.

    Instead of providing actual relief, they filed “false documents in U.S. Bankruptcy Court, making false claims against the United States. The false claims totaled over $250 billion,” prosecutors said.

    But neither Home nor Broderick  stopped there, prosecutors said.

    “[T]he indictment alleges that the defendants essentially tried to assume the identities of the Federal National Mortgage Association (better known as ‘Fannie Mae’) and the Federal Home Loan Mortgage Corporation (better known as ‘Freddie Mac,’)” prosecutors said.

    “The defendants then filed deeds purporting to transfer title to real estate owned by Fannie Mae and Freddie Mac to an entity controlled by the defendants. The defendants attempted to steal at least 28 properties from Fannie Mae and Freddie Mac in this manner,” prosecutors said.

  • ‘Sovereign Citizen,’ 81, Arrested In Arizona On Federal Charges Of Making False Claims; Marshall Home Hawked ‘Foreclosure Rescue’ Scheme And Sought To Place United States In Bankruptcy, Feds Say

    Marshall Home, 81, charged customers $500 as part of a purported Arizona-based service to halt mortgage-foreclosure proceedings through an entity known as “Individual Rights Party; Mortgage Rescue Service,” federal prosecutors said.

    But his service was a scam in which Home, a Tucson resident and self-described “sovereign citizen,” insisted he had a valid claim of more than $3 billion against the government, prosecutors said.

    Home was arrested Friday on charges of false claims in bankruptcy. Prosecutors said he “filed or caused to be filed 173 false claims” against the United States in bankruptcy court and filed a fraudulent petition on March 16 in Arizona that sought to put the United States itself into involuntary bankruptcy.

    All in all, prosecutors said, Home’s false claims totaled more than $2.5 trillion.

    “The anti-government paranoia of so-called ‘sovereign citizens’ becomes a self-fulfilling prophecy when they use their false claims and fraudulent practices to rip-off others,” said U.S. Attorney Dennis K. Burke.

    Some “sovereign citizens” have been linked to credit-repair schemes and say they do not believe U.S. law applies to them.

    Home became involved in the bankruptcy of Giordano’s, a Chicago pizza chain and eatery. The Chicago Tribune reported last week that a judge tossed Home from the proceeding for being disruptive.