The Defense rests in the Plantation Cops mortgage fraud trail.

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From what we’re told the defense rested yesterday in the Plantation Cops federal mortgage fraud trial, closing arguments are expected this morning and the case is expected to get to the jury this afternoon.  It’s been nearly two months since the start of this trial, I have to wonder how much information the jury has been able to retain?  Our courtroom observers have told us that most of the jury had a hard time keeping awake during the six weeks of the prosecution’s case and that across the board they looked bored off their asses.  On the other hand, it looks like the defense took only two weeks to present their case, I’m not exactly sure why it took six weeks for the prosecution.

So what do you guys think?  At least one of the jurors has said that there’s nothing that’s going to change her mind about the defendants innocence, isn’t that one juror enough to screw up the case for the prosecution?  In my opinion there’s no way the jury is going to find any of these guys guilty.  Why?  It’s simple, these guys aren’t accused of stealing millions or defrauding the banks and leaving them with a laundry list of busted out houses that are in foreclosure.  The crux of the government’s case against these guys is that they lied on mortgage applications in order to obtain the loans that are at the center of the indictment.  The reason that they will not be found guilty is because there isn’t a single member of that jury or one of their family members that hasn’t done the same.  In fact, I’d be willing to bet that some of the very jury members that now sit in judgment of these cops has been involved with some sort of real estate investment/flip scheme over the last ten years therefore making a guilty verdict the ultimate expression of hypocrisy.  We’ll know the outcome soon enough, I’ll update as soon as there’s anything new.

Why is the government trying to exclude a key defense witness from testifying?

Last week we discussed what we called the "unindicted co-conspirators" in the Plantation cops mortgage fraud case, in essence our theory is that the banks that lent the money for what the government alleges were fraudulent real estate transactions were in on the deal.  In other words, the lenders knew about the inflated incomes and the bogus supporting documents on the loan applications, as a matter of fact it seems based on the documents that we've found in the court dockets that the defense has an expert witness that is willing to testify to the lenders complicity in these transactions!  While cruising the court docket I came across this motion...

daryl radziwon motion for expert witness

From the looks of it, it appears that a defense witness named Dr. Gary E. Lacefield, an expert in the area of mortgage fraud, is prepared to testify that the banks involved in these transactions were well aware of what was going on in order to obtain these loans and in fact may have helped encouraged some of the fraudulent behavior that led up to obtaining these loans!  Considering the potential magnitude of Dr Lacefield's testimony, why would the government look to exclude him from the trial?  If indeed Dr. Lacefield could prove that there was lender complicity in all of these deals, isn't the defense entitled to use him?  Check out Dr. Lacefields background here, considering his background, can you guys see any reason why he shouldn't be allowed to testify?