The king of home equity fraud: Full version

This is like a movie, a must read! I used to think stuffs like this just happen in movies, but I am wrong.


Tobechi Onwuhara (right) at a Dallas nightclub with Ezenwa Onyedebelu.

"I was taught by my dad not to be a follower," Onwuhara once said.

A luxury suite at the W Hotel in Dallas is as good a place as any to conquer the world. At least it seemed that way in 2007 when Tobechi Onwuhara got the crew together. They'd meet there often, seven or eight of them. Some had nicknames from the Ian Fleming lexicon: C, Q, and E. Others were called Mookie, Orji, Uche. They would spread out on designer sofas and at the wet bar, open three-ring binders, and fire up laptops with hard-to-trace wireless cards. On a nearby table there'd be prepaid cellphones with area codes taped to them. A phone for Southern California. A phone for Northern Virginia. A phone for any place Onwuhara had found the "good money."


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