The Minnesota Financial Crimes Task Force has given up on investigating mortgage fraud. “We don’t have the staff or funding to address it,” said Mike Siitari, Edina police chief and oversight council chairman. “We have hundreds of cases of backlog.” [Pioneer Press via Caveat Emptor]

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  1. Darkwish says:

    If there’s that many cases, it sounds like they NEED to address it to get it to stop!

  2. ah the old there are too many of this problem we should just give up, well played Minnesota, well played.
    WTF??????????

  3. Darkwish says:

    Maybe they’re taking lessons from the FDA…

  4. WraithSama says:

    I think they just formally announced that Minnesota is now the place to commit mortgage fraud.

  5. howie_in_az says:

    @WraithSama: I would like to subscribe to your newsletter.

  6. unklegwar says:

    Always a good life lesson:

    When the going gets tough, give up.

  7. Buran says:

    Yet another example of the wrong thing being done to fix our problems. Just like “people aren’t spending because they’re spending too much on gas? Let’s raise prices on gas and everything else! Then people will spend less on everything! Yeah, that’ll fix it…”

  8. magic8ball says:

    @WraithSama: Yup.

  9. Sam Glover says:

    On the plus side, the Minneapolis U.S. Attorney’s office and the FBI are “taking it seriously.”

  10. Sam Glover says:

    On the plus side, the Minneapolis U.S. Attorney’s office is “taking it seriously.”

  11. stpauliegirl says:

    This is disappointing news. It’s gotten so bad up here that there have been several explosions in vacant (foreclosed) houses after people steal the copper pipes out of them. The latest one was just yesterday. [www.startribune.com] This is not just a financial issue but a public health and safety issue that needs to be addressed.

  12. Grrrrrrr, now with two buns made of bacon. says:

    Breaking news: Authorities “don’t have time” to investigate fraud by rich people! I mean, hey, after all…mortgage fraud is a victimless crime, isn’t it? (/sarcasm)

    Let’s hope Minnesota doesn’t have a huge murder or bank-robbery spree!

  13. MrEvil says:

    Are we as a populace going to have to start resorting to vigilante justice? I mean if the government won’t go after shitbags that break THE LAW, what’s the use in keeping them around? Or having laws in the first place. The reason you have outbreaks of vigilantiism is the outright indifference of the government to rampant crime and corruption.

    @stpauliegirl:
    I don’t think the houses blew up because the copper was stolen. Copper tubing does not carry natural gas or propane. All gas and propane lines are plumbed using Black Iron pipe. Some of the Iron might have been stolen, but it’s not worth the effort to rip out of the walls really. It may be possible a copper thief broke a gas line in the process of stealing copper. If a house is buttoned up it’s entirely possible for gas to reach a concentration neccessary for combustion.

  14. stpauliegirl says:

    @MrEvil: Hmm, a Google search turns up plenty of instances of copper being used for natural gas. It looks like it depends on local ordinances; some don’t allow it. Also, a spokesperson from MPD offered stolen copper pipes as a possible cause this evening: [wcco.com]

  15. evixir says:

    “What’s wrong with Minnesota?”
    “PAW-LENTY!”

    Fund this stuff, guy. Seriously, your state is going down the tubes and you’re fiddling away while it happens.

  16. evixir says:

    “What’s wrong with Minnesota?”
    “PAW-LENTY!”