by Brian Mahany
By now, most of our readers know that our firm is co-counsel with the United States government in the largest federal false claims fraud case brought against the mortgage industry – Allied Home Mortgage and its owner, Jim Hodge. Every large case involves all kinds of unexpected twists, turns and collateral actions. Our $2.4 billion fraud case against Allied is no exception.
We are not alone in our pursuit for justice against Allied’s corporate greed. A related case was filed by our friends in Louisiana involving a multi-million fraud claim against Allied. As a result of that New Orleans case, Roman Catholic Archbishop Gregory Aymond has asked Chad Ham to withdraw from candidacy for the priesthood. According to published reports, Bishop Aymond asked Ham to leave Notre Dame seminary pending the outcome of the case. Prior to joining the seminary, Ham was a real estate attorney who frequently handled closings for Allied.
After being rocked by claims of sexual abuse across the United States, the Roman Catholic church is much careful to insure that candidates for priesthood are above reproach.
In addition the fraud suit, it is rumoured that the U.S. Secret Service is also investigating Ham and Allied. Ham denies the allegations. State and federal court records reveal he previously had other legal problems and attempted to file bankruptcy to avoid payment to some of his creditors. While bankruptcy is designed to give people with credit problems a clean slate, fraud claims are not dischargeable and survive bankruptcy.
Is Ham guilty? We don’t know yet but one thing is clear. He is no longer a candidate for priesthood and the New Orleans Times Picayune newspaper suggests he may be under a criminal investigation as well.
A giant cloud remains over Allied, its owners and some of its former managers. While many of the employees at Allied tried to do right, the government says that Allied had one of the highest mortgage default rates in the nation – defaults on mortgages insured by the United States meaning taxpayers like me and you.
The law firm of Mahany & Ertl handles fraud cases anywhere in the United States. Class actions, false claims act (whistleblower), phony welfare benefit plans and Ponzi schemes; we enjoy helping people get back their hard earned money.
Mahany & Ertl – America’s Fraud Lawyers. Offices in Milwaukee, Wisconsin; Detroit, Michigan; Portland, Maine and Minneapolis, Minnesota. Services in most areas of the U.S.