Owners of Reaper Investment Partners (RIP) Sentenced to Nine Years in Prison and Ordered to Pay Over $1,000,000 in Restitution
Owners of Reaper Investment Partners (RIP) Sentenced to Nine Years in Prison and Ordered to Pay Over $1,000,000 in Restitution
John Lee Norris and Julie Tina Hatcher, who were married, operated Reaper Investment Partners, LLC (RIP); Hydra International; and Death Productions LP; which maintained an office in Mission, Kansas, before moving to Kansas City, Missouri. Norris and Hatcher contacted homeowners and others who were in financial distress and promised these homeowners that RIP could rescue them from their financial problems, including foreclosure.
On June 22, 2011, the principal operators of Mortgage Planners, Inc., Hudson, Wisconsin, were charged with one count of Racketeering by the State of Minnesota for their role in the fraudulent origination of 65 FHA insured loans.