Difference between revisions of "Georgia Ethics Code Does Not Apply To Fulton Judges"
Georgia Ethics Code Does Not Apply To Fulton Judges (view source)
Revision as of 23:58, 28 March 2023
, 23:58, 28 March 2023→Looks Like Mortgage Fraud, Smells Like Mortgage Fraud
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*On May 17, 2020, Derrick Jackson entered into a | *On May 17, 2020, Derrick Jackson entered into a Lease for Residential Property with Julie and Mike McCracken requiring that Jackson pay $15,000 per month in rent for Jackson and his children to reside at 955 Tiverton Lane, Johns Creek, GA. | ||
*On May 18, 2020, Derrick Jackson entered into Purchase And Sale Agreement depositing $100,000, plus rolling over $10,000 from a previous agreement with the McCrackens. | |||
*On May 25, 2020, Derrick Jackson gave an additional $15,000 for The Country Club of the South homeowners membership, though Jackson later learned that the actual Club cost was only $7,500. | |||
*On September 24, 2020, Jackson paid $13,957.20 in property taxes to the McCrackens. | |||
*On October 20, 2020, the McCrackens purchased a home for $630,000 with a down payment of $130,000, roughly the total amount gained from Jackson for the sale agreement. | |||
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===Conclusion=== | ===Conclusion=== | ||
In light of the above, as of October 1, 2020, the McCrackens had roughly $130,000 in payments from Derrick Jackson. | |||
In light of the above, it is crystal clear that $130,000 paid by Derrick Jackson was reinvested by the McCrackens in the purchase of Florida real estate, and then the $45,000 in 2021 that should have gone toward property taxes went toward the purchase of a Mercedes Benz. All the while Mike McCracken claimed that he owed Bank of America $1.8 million, which Jackson came later to find out was $300,000 more than the debt amount shown on the Security Deed for the Property ($1.52 million). Bank of America, completely unaware of the of the purchase agreement transferred the mortgage to First Key Bank in January of 2021. | In light of the above, it is crystal clear that $130,000 paid by Derrick Jackson was reinvested by the McCrackens in the purchase of Florida real estate, and then the $45,000 in 2021 that should have gone toward property taxes went toward the purchase of a Mercedes Benz. All the while Mike McCracken claimed that he owed Bank of America $1.8 million, which Jackson came later to find out was $300,000 more than the debt amount shown on the Security Deed for the Property ($1.52 million). Bank of America, completely unaware of the of the purchase agreement transferred the mortgage to First Key Bank in January of 2021. | ||
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