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In 2012, a shell company linked to the Fox News host bought 11 homes in Georgia that had been purchased by the dealer, Jeff Brock, following foreclosures. Brock transferred the properties to company autos that sold them on to the Hannity-linked company at a revenue.
US prosecutors mentioned that, during the interval by which he was shopping for the properties, Brock and two co-defendants were operating a scheme to rig foreclosure auctions, where people bid to buy houses which have been repossessed by mortgage lenders.
The company linked to Hannity was one in every of a group identified by the Guardian on Sunday that spent $90m shopping for greater than 870 properties in seven states over the past decade. Hannity was confirmed because the hidden owner behind a number of the firms and has not disputed that he is the owner of all of them.
Brock had purchased the eleven Georgia homes in foreclosures auctions in 2011 and 2012, after the previous house owners defaulted on mortgages. He transferred the properties to 5 LLCs. Brock was the registered agent for 2 of the five LLCs and a colleague at Key Property was the agent for an additional. Then the Hannity-linked company purchased the homes from these five LLCs, paying a total of $600,000.