Matthew Cox

His buddy buys a home in Indianapolis using a mortgage loan from a bank.

And Henley files a fraudulent document with the county, a satisfaction of mortgage document.

You know what that is?

It's a document that you're filing with the county to say, remove the lien from Bank of America or whoever the bank is.

I've heard of this.

Because it's been paid off.

Yeah.

This sounds familiar, huh?

Brilliant, by the way.

I like where his head's at.

Yeah, yeah, yeah.

The apple doesn't fall far from the tree here.

This kid could be your son.

So the satisfaction of mortgage takes the mortgage off the books, creating the illusion that the mortgage, the loan on this property, has been paid off when it had not been paid off.

Your boy James then files a deed naming himself a joint owner of the home, and then they sell the property for $255,000, pocketing all the proceeds.

Then James hits Indianapolis.

He steals five homes in Indianapolis by filing fraudulent deeds with the county recorder's office.

Through the filings, he claims that the homeowners had sold their homes to his fake businesses, but in reality, he had never even spoken to these homeowners.

Unbeknownst to the victims, he files these fraudulent liens, then sells the homes for significantly less than their market value.

Because I think that's the trick.