House Stripper

Written by Jim the Realtor

April 28, 2012

From the latimes.com:

An Orange County man who swindled elderly people out of their homes after promising to help them avoid foreclosure was sentenced to 25 years to life in prison under California’s tough three-strikes law.

Defense lawyers and prosecutors across the state could not recall any other case in which a white-collar offender received such a lengthy sentence under a statute typically applied in violent crime cases.

The sentencing of Timothy Barnett was unusual because his entire criminal record involved fraud. The 49-year-old was convicted last month of 17 felonies for tricking five people into unknowingly granting him title to their homes. He had been convicted of similar charges in the 1990s.

“The worst thing you can do is take somebody’s home,” Los Angeles County Superior Court Judge Stephen A. Marcus said Friday in explaining the lengthy sentence.  “Instead of helping people, he stripped the equity from their homes and left five people homeless,” the judge said. “Even Bernie Madoff didn’t take people’s homes from them.”

Defense attorney Amy Konstantelos had urged the judge to impose a lesser sentence, noting that Barnett had never been convicted of a violent crime.

“Three strikes should never be used in a case like this,” she said after the sentencing in Los Angeles. “It’s another reason the law should be amended.”

Konstantelos said she intended to file an appeal.

Barnett’s latest crimes occurred between 2005 and 2007. The victims were older residents of poor South Los Angeles communities who had used the explosion of real estate values to borrow against their equity, only to fall behind on the payments.

That’s when Barnett appeared. Victims testified that he went to their homes and prayed with them, saying he could help keep their homes, bring loans current and reduce monthly payments.

What Barnett didn’t make clear enough was that he would end up owning the homes, Marcus said. Along with their homes, the victims cumulatively lost nearly $900,000 of equity to Barnett.

The judge ordered Barnett to repay his victims, but said he thought it was unlikely that Barnett had the means left to do so. Deputy Dist. Atty. Robert Knowles said prosecutors would assist victims in collecting from Barnett “to the extent we can.”

Many people across the country have been accused of victimizing desperate homeowners since the real estate market collapsed in 2008, without facing a potential life sentence. What set Barnett’s case apart was two prior “strikes” he received after pleading guilty to two burglary charges in the 1990s. That made him eligible for a life sentence if convicted of a new felony, as he was in March.

Under California law, a person can be convicted of burglary if he or she enters someone’s home with the intent to commit a crime, as Barnett did. Burglary is one of the dozens of serious or violent crimes considered strikes under state law.

“He’s a career criminal who specializes in real estate fraud,” Marcus said. “He preys on the weakest people in our society.”

Among the most recent victims was an 85-year-old blind widow named Dorothy King. Her niece, Angenetta Allen, said Barnett deserved the harsh punishment.

“Mr. Barnett did prison time for the very same thing, and as soon as he got out he did the same thing,” Allen said.

When the judge announced Barnett’s sentence, some victims and their families cried out in approval.

“I’m happy that he’s not going to hurt any more families,” said Robert Rodriguez, 57, who said he lost his Monterey Park home to Barnett. Prosecutors did not file criminal charges against Barnett involving the transaction with Rodriguez.

“It’s the American dream,” Rodriguez said, his eyes filling with tears. “You save your down payment, you buy your home. And then you lose it.”

6 Comments

  1. Just some guy

    I hope this scumbag enjoys his new home.

    “Three strikes should never be used in a case like this,” she said after the sentencing in Los Angeles. “It’s another reason the law should be amended.”

    wrong….because…..

    “He’s a career criminal who specializes in real estate fraud,” Marcus said. “He preys on the weakest people in our society.”

    and that last part is why this degenerate should be removed from society.

    I don’t want to start a flame war with a politically charged topic like 3-Strikes Law, but there is no sympathy from me that he is going away for the rest of his life for a non-violent felony.

  2. avgjoe

    This lowlife belongs in the slammmer.

  3. GettinReady

    Let’s not stop here… now we need the banksters that caused this financial/housing debacle to be prosecuted. Nothing ever happened to them and no one went to jail. I guess Goldman Sachs really does rule the world.

  4. Just some guy

    @GettinReady

    Unfortunately we will never see The Orange-Man-Zilos or Hank Paulson’s of the world in prison garb because their millions in political donations were not only bought them favorable legislation it also bought them amnesty from prosecution.

  5. LCVwannabe

    @JSG,
    While I completely agree with your first post, I’m not sure how you include Hank Paulson on your second post list. He is a free marketeer who was against the bailout of Bear, let Lehman fail and didn’t get on board (unfortunately) until the bailout of AIG. He was late to the government gravy train due to the “moral hazard” of the bailouts as I remember.

  6. emilina

    It’s like the punch line: “It’s a start”

    Mozilo can be on the docket next. That would make a lot of people cry out in joy too.

Jim Klinge

Klinge Realty Group
Broker-Associate, Compass
Jim Klinge

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