IN RE STEWART

No. 10-12344.

641 F.3d 1271 (2011)

In Re Janis W. STEWART and other Borrower-Crime Victims, Petitioners,

United States Court of Appeals, Eleventh Circuit.

May 25, 2011.


Attorney(s) appearing for the Case

Alan E. Tannenbaum , Shane Smith , Levin Tannenbaum , Sarasota, FL, for Petitioner.

Before TJOFLAT, MARCUS and WILSON, Circuit Judges.


PER CURIAM:

I.

This case involves a residential construction scheme that had its genesis in the Florida housing boom of the past decade. Large-scale home builders had hundreds of vacant lots and a variety of model homes to show prospective buyers. Their principal targets were first-time home buyers. A replica of any of the models could be purchased for 90% of the model's appraised value. The builders had a mortgage broker standing by for the prospects who...

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