Press Releases

 

Convicted Real Estate Fraud Criminal Escapes Jail Sentence   
 
By: Michael Blackburn
 
For Immediate Release
 

Convicted

Daniel D. Debenham

 
 

Salt Lake City, UT / May 10, 2007 / Press Release / --  Utah a state that ranks number one in the nation for mortgage fraud recently had a trial conclude.  Dan Debenham as pictured above, has been on the radar screen for numerous real estate fraud infractions and was the sole owner of The Millionaires Investors Group, Inc. (TMIG).  In his actions to profit Mr. Debenham took $159,773 from three investors in 2005 with total losses extending to slightly over $300,000.00. 

On April 16, 2007 Daniel D. Debenham was sentenced by the Honorable Judge Ann Boyden to serve 0-5 years in Utah State Prison for three 3rd degree felony securities fraud convictions.  But in a move that has stunned many, the Honorable Judge Ann Boyden suspended Mr. Debenham's sentence in order to allow him to pay back his victims. 

Around the world all eyes have followed the steps of Paris Hilton.   Will she go to jail or will her attorney be able to sidetrack the judicial system into allowing yet another lifestyle of the rich and famous to skate past the laws established by the people and for the people. 

But as consensus in America continues to transform, We the People are asking - more importantly demanding "Liberty and Justice for All." 

Case in point there have been numerous trials involving public figures to include senior level executives at Enron, the on-going trial of media baron Conrad Black and even more recent the formal public-corruption probe launched by the FBI of Arizona Republican Senator Rick Renzi. 

But even with such headway the question of progress seems impeded by judicial review. 

The Honorable Judge Ann Boyden's office was contacted via telephone by Perfect Home Living for comment but she nor representatives from her office have provided a statement on the matter of Mr. Debenham or his stayed sentence.  

"This goes to the heart of the matter of why Utah ranks number one in mortgage fraud," says Sheri Fitzpatrick, CEO of Perfect Home Living.  "There simply is no fear factor.  In essence Mr. Debenham not only robbed  consumers he also robbed the bank.  So should we now say that any bank robber that gets caught should be let go as long as they are able to make full restitution payments?" Fitzpatrick continued. 

Although the efforts of the Attorney General's Office in this case were met with the conviction in which they sought their work along with other law enforcement agencies involved were completely over-ridden by the undertone that criminals in Utah can escape prison sentencing, as long as they can make restitution. 

As quoted in the April 17, 2007 Press Release from the Office of the Utah Attorney General, Wayne Klein, Director of the Division of Securities sends this warning to Utah's consumers, "Don't be fooled!  Real Estate investments which offer promissory notes and guaranteed profits are securities."

**For many people that have been following this story, there has been confusion as to another Daniel Debenham who is a respected and successful co-owner and television executive for LENZworks Production.  Mr. Debenham of LENZworks Productions is not the same party and is not affiliated in any way with the Daniel D. Debenham of the Millionaires Investors Group, Inc. (TMIG) who was convicted as explained above.  

About Perfect Home Living 

Perfect Home Living is a nationally recognized leader that assists in implementing programs and providing training to financial lenders as well as educating consumers and licensed professionals to red flags within today's  real estate market.   For more information or to request assistance please visit us online at:  http://www.PerfectHomeLiving.com

 
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