A 39-year-old Fort Washington man who pleaded guilty to ripping off homeowners headed into foreclosure has been sentenced to 10 years in prison and ordered to pay back the more than $13 million he stole.
Kurt Fordham created various companies through which he, his wife, Joy Jackson, and others, conducted their illicit business.
Between 2004 and 2007, the couple told homeowners facing foreclosure that they would help improve their credit if they handed over titles to their homes. Once the title was in the name of their company, Metropolitan Money Store, the conspirators would bleed the home dry of any available equity.
Jackson has also pleaded guilty and faces up to 30 years when she’s sentenced Nov. 16.
The couple lived a lavish life off their scheme, including holding what court documents said was an $800,000, 360-guest wedding.
— Freeman Klopott
