2 lawyers charged in alleged scheme to steal nearly $750K in surplus foreclosure cash

Criminal Justice

Two Florida lawyers have been charged in an alleged foreclosure fraud scheme that cost victims nearly $750,000.

Rashida Overby and Ria Sankar-Balram were arrested Oct. 5, according to a press release and stories by the South Florida Sun-Sentinel (here and here) and Law360.

The lawyers allegedly filed fraudulent court documents in which they claimed to represent elderly property owners or heirs of deceased property owners who were owed surplus funds from foreclosure sales. After judges granted the pleadings, the lawyers allegedly kept part of the money and wired the rest to two co-conspirators.

The alleged co-conspirators, Illya and Patricia Tinker, are already in jail following a conviction in a different fraud scheme that took ownership of 44 homes through forged documents. Sankar-Balram helped represent them in their

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Broward attorneys face charges in scheme to steal foreclosure surplus checks

Two Broward attorneys are behind bars for their involvement in a nearly $750,000 fraud scheme to rip off unsuspecting victims of foreclosure surplus checks, according to the Broward Sheriff’s Office.

The attorneys, Rashisa Overby and Ria Sankar-Balram, worked with Illya and Patricia Tinker, a married couple nicknamed “tomb raiders” for another multimillion-dollar scheme in which they stole properties across South Florida, some of which belonged to the dead.

The Broward Sheriff’s Office arrested Overby and Sankar-Balram Monday.

The attorneys filed fraudulent pleadings in Broward County Court, claiming they represented elderly property owners or heirs of deceased property owners who were owed surplus money from the foreclosure sale of a property, authorities said.

After judges granted the pleadings, those funds never made it to the rightful owners. Instead, the money went into the attorneys’ escrow accounts, and some of it was wired to the Tinkers’ bank accounts, authorities said.

The

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Broward Attorneys Accused Of Foreclosure Scheme With Convicted Felons

Two Broward County attorneys found themselves on the wrong side of the jailhouse wall this week after the sheriff’s office alleged they were part of a scheme with convicted felons to steal up to $742,000 in foreclosure sale proceeds.



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The four are accused of working together to claim surplus foreclosure funds held by the clerk of court, money left over after a foreclosed property is sold and the lender is paid what is owed.

The attorneys took “those foreclosures surplus checks by filing fraudulent pleadings with the court, basically lying to judges in Broward County, saying they were representing the rightful recipients of those dollars,” said sheriff’s spokesman Carey Codd.

Attorney Rashida Overby remained in custody Tuesday, until she could post nearly $140,000 in bond with money she can prove was not fruit of the 29 counts she faces, including alleged theft and money

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