Convicted swindler Charles Evans is back in Jackson after serving 14 years in federal prison for bank fraud and money laundering in 2011. However, Evans has no place to live so he obtained approval to live an additional six months at a halfway house.
Charles Evans, Jr. was an attorney approved by Mississippi Valley Title Insurance Company to provide title certificates to MVT and lenders showing a borrower had clear title to property. Charles and his brother Chris used over 30 LLC's to obtain fraudulent loans from over 30 banks in Mississippi. Chris Evans would use one company to purchase a large tract of prime commercial real estate in Madison and Desoto Counties. Another company owned by Evans would obtain a commercial real estate mortgage on a smaller section of the tract yet that borrowing company never obtained a deed showing ownership of the land from the other company. Thus the smaller tract did not exist as the larger tract was never subdivided. Charles provided a title certificate however showing the borrowing company owned the land even though it did not own the property. The brothers used other LLC's to borrow $27 million from Texas banks to purchase properties in the Dallas area. However, the phony subdividing of property did not take place in Texas.
Over 80 loans for nearly $50 million were issued by Mississippi banks to companies owned by Chris and Charles Evans for lands those companies did not own. JJ estimated the Evans brothers obtained over $70 million in fraudulent loans.
Kingfish note: He is out of prison. Now the real punishment begins. Shouldn't have screwed over his wife and child or else he might have had a place to stay. Chris was released two years ago.
8 comments:
Where did the $$$ go? Women, gambling, drugs?
Who is Chris?
Is this the same weak fraudster bitch that got tased when he tried to pull a gun on the US Marshalls that were there for him?
The same weak fraudster bitch whose attorney argued that 'the marshals weren't really scared this bitch would shoot them' and the support for this was because they didn't shoot him?
You think that guy didn’t squirrel away some money some place? He will be fine once he gets to that Mexican beach
Charles' brother who was his partner in crime
Charles and I were at Bailey Jr High at the same time. He wasn't one of the snobs, he was a nice guy. Sorry for him he chose to make bad decisions. Wishing him well in this new start on life.
I’m guessing this guy was smart enough to convert a few of those millions into easily hidden and converted precious metals. And PMs are currently trading at extremely high values
I knew Chris very very well in high school. Hard to believe both brothers went to prison. No idea where Chris is now
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