Tuesday, October 21, 2008

Contract worker for Fannie Mae accused of selling appliances from foreclosures

theifPolice say Jamie Pantastico sold appliances from foreclosed homes on Craiglist while he was a contract worker for Fannie Mae.

Chandler Police are looking for potential victims that may have been connected to a fraud scheme where appliances were re-sold from foreclosed homes.

Jamie Pantastico, 39, was employed by Fannie Mae as a contractor to clean foreclosed homes to prepare them for re-sale. He would enter the homes by having access to their lockboxes and take photographs of the appliances - then place ads on Craigslist.

Pantastico met potential buyers at the homes posing as the homeowner. After the appliances were sold and removed from the house, he would return the keys in the lockbox.

He was arrested in Queen Creek by the Maricopa County Sheriff's Office and Chandler Police on September 25.

Victims are encouraged to call the Chandler Police Department at 480.782.4130.

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