I’m tired of writing about Michael David Scott. I just want to sell real estate to the best of my ability so that I can help care for my new baby daughter. With that being said, I wrote a lengthy post back in June entitled “Michael David Scott, a story of greed” and another post last week of an accomplice, Joan Ruggiero, in a post entitled “Dorchester Real Estate Agent Joan Ruggiero Is Headed to Prison“.
The Boston Globe wrote a piece yesterday entitled” Ex-Mansfield Developer sentenced to 11 years“. The Dorchester Reporter wrote a piece yesterday entitled “Kingpin of local condo-flipping scheme gets 11 years in federal prison“. A prominent Dorchester attorney who has also been closely following the case alerted me yesterday afternoon, before the stories hit either The Boston Globe or the Dorchester Reporter, to Michael David Scott’s fate.
The United States Attorney’s Office, District of Massachusetts, in a release yesterday entitled “Former Real Estate Developer Sentenced to Prison for Orchestrating Massive Mortgage Fraud” said that Michael David Scott was sentenced by U.S. District Court Judge Richard G. Stearns to 135 months in prison, 5 years of supervised release, and ordered to pay restitution of $11,374,201 and to forfeit $7,413,712. 135 months equates to 11 years and 3 months for those of you that don’t want to do the math.
I doubt that he’ll pay a penny of those fines and penalties unless he was dumb enough to keep the money in his name. I mean, you have to admit, the guy was smart enough to concoct this crazy scheme, am I right?! Or maybe he was so full of hubris that he thought that he and his money were both untouchable? I don’t know.
I’m tired of writing about crappy people who I’ve done business with in the past. Is this the end of the story? Can we be done with this now?
Jonathan Bowen Real Estate, LLC has been selling real estate in Dorchester for fifteen years and we’d like to sell real estate in Dorchester for at least the next fifteen years. Below is the complete list of condominiums and single family properties available in Dorchester. Like one? Contact us so that we can get started in helping you purchase that property.