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Author: fleg9bo Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120795  
Subject: Where's TMFMarti when you need him? Date: 6/24/2010 1:22 PM
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Prisoners cashed in on homebuyer tax credit

http://money.cnn.com/2010/06/23/real_estate/money_stimulus_f...

More than 1,200 prison inmates, including 241 serving life sentences, defrauded the government of $9.1 million in tax credits reserved for first-time homebuyers, according to a Treasury Department report released Wednesday.

Treasury's inspector general also found that thousands of people filed multiple claims or made claims outside the allotted time period. In all, more than $28 million was improperly doled out.
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These people need to be jailed for their fraud! Oh, wait...

--fleg
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Author: dougdoogle Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 110605 of 120795
Subject: Re: Where's TMFMarti when you need him? Date: 6/24/2010 5:00 PM
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Phil has been right here, helping us avoid submission to that dog's tail.

Besides, convicts may buy a house in anticipation of an unscheduled exit from prison. Or, in the case of lifers, they may plan to live there in a future life.

I don't really understand it all, but I'm sure Phil would have helped them see any error of in their efforts if only they would bother to post.

Doug

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