"This memorandum rescinds the previous opinion regarding your memo to this writer...trust fund monies in the account can only be used to further environmental investigations...A direct nexus with the expenditure and the furtherance of environmental investigations is required...Any other interpretation was mistaken due to the information provided at the time the memorandum was presented."I suppose that wasn't good enough, since both Mr. Theobald and the man that was the head of the MDPD environmental crimes investigation unit, Frank Vecin were both reassigned from their posts by MDPD Director James Loftus last week (according to Jim DeFede of WFOR). What difference does it make to us? In the case of Mr. Vecin, it makes none, but what about Mr. Theobald, the head of the Mortgage Fraud Task Force and the MDPD chief legal counsel? Where does he go? Let's see what an online source tells us regarding this matter...
"Theobald will be gone in 30 days. He was allowed to retire in lieu of a demotion as the Major of Crime Scene."OH SNAP! While that statement should be considered nothing more than rumor at this point, it certainly does sound plausible. If indeed it is true, we're sure the MDPD will quickly find another attorney to fill his spot as chief legal counsel, but who's going to take over his position as the head of the Mayors Mortgage Fraud Task Force?! After all, the task force was Mr. Theobald's pet project, the vehicle with which he gained national press coverage. So what now? Who's going to be the new leader of the "Fraud Squad"?
Considering how the top brass at the MDPD misspent the millions of dollars set aside for the prosecution of environmental crimes, what's going to happen with the $50,000,000 of federal money that the Mortgage Fraud Task Force was supposed to get over the next five years? From what we've read, Mr. Theobald has been lobbying Uncle Sam incessantly over the last three years for tens of millions of dollars of funding for his Mortgage Fraud Task Force, you have to wonder considering what's gone on with the green fund money if anyone has looked into how the mortgage fraud money has been spent?
Our hats are off to the new director of the MDPD, Mr. James Loftus for getting to the bottom of this mess and taking swift action. It's about time the citizens of Dade county had someone in the PD that was serious about cleaning up corruption within the department. Consider for a moment though, since we started our story, the lead detective in one of our mortgage fraud stories get's taken off a headline case and demoted to auto theft, a veteran economic crimes prosecutor get's taken off the same headline case and now, the head of the Mayor's heralded Mortgage Fraud task force may have lost his job. Strange times.