Casey Serin, The End is Nigh

Casey Serin, dancing monkey, is winding down the show. After groveling to people he's been calling "haters" for the past several months, Casey returns to his petulant and arrogant self.

The very day after readers save his ass from the long arm of CashCall, Casey Serin starts posting some whiny rants about even greater amounts that he feels his readers owe him.

Fuck him. Apparently Friday night's beg-a-thon produced a couple of results. The lowlife circus atmosphere of Casey Serin taking photos of the contents of Yulia's refrigerator was a new low. Even the questionably-abled and ethically-challenged "mortgage lender" Nigel Swaby said 'enough.'

It was always a curious alliance--a mortgage lender befriending and defending a multi-state mortgage felon. But bloggers had been speculating for months that Nigel was positioning himself to eventually take over Casey Serin's website to use as a lead-generator.

And sure enough, after Casey Serin's whoring on Friday night, Nigel Swaby informed Casey he was severing whatever partnership or business dealings that were planned. I'm only surprised that any legitimate real estate pro would touch Casey Serin with a ten-foot pole. Who could possibly imagine that would be a career booster?

Other events in the world of America's favorite fucktard, Casey Serin is his idea of an April Fool's joke.

I Bought 1.3 Million Shares of GSPG
Via my corporation. On Friday. At
$0.0034. Why not?

Yeah, that's really funny. Shows a lot of gratitude to those folks who saved Yulia's couch from the CashCall collectors. You're an asshole, Casey Serin. The only thing we want to hear from you is when you stand up and reply "Yes" to the judge who asks, "Mr. Serin, is it true that you won't be testifying on your own behalf?"

The only thing I thought was funny was that, for all of the BITCHING that Casey Serin does about his supposed "haters" and the "Casey Serin hater sites" out there, he keeps one in particular in his toolbar for what could only be frequent reading.

No, this is not photoshopped. No, this is not an April Fool's joke. As we suspected all along, Casey Serin is Rob Dawg's biggest fan. Even Casey gets that he couldn't exist in the blogosphere without people like Rob.

Okay, Blogger is squashing the pic and I'm not in the mood to futz with the resolution too much. In case you don't have eyesight that allows you to see clouds around planets, it basically shows that Casey has ExUrbanNation open in his browser, obviously hopping back and forth to Rob Dawg's site.

Send Casey Serin To Prison

Like many folks in the blogosphere, I really don't want to publicize Casey Serin any more than he's publicizing himself. But I've ignored him in these pages for as long as I can stand. I'll admit that for the first few months of reading his self-aggrandizing blog, I thought it was a fake. I mean, there's just no way that someone could commit multiple felonies, then create a blog to boast about it.

No one, that is, except for Casey Serin.

In case you've missed this story, it goes like this: In 2006, at the age of 24, Casey Serin acquired at least 8 (known) properties in 4 states, all within 8 months.

In order to get the loans, he committed multiple types of mortgage fraud. He lied about intending to live in the properties he was buying (he wouldn't have qualified for the loans at the higher 'investor' rate), lied about his income (he had quit his job to become the love child of Carleton Sheets and Tony Robbins), inflated the value of the properties (highly illegal), and got cash back at close (also highly illegal).

By his own admission, the banks were not aware of his cash-back schemes, where he received anywhere from $15,000-$50,000 per closing. And that would be why cash-back schemes are illegal. In rare cases, banks will allow a very small percentage of the sale to go toward closing costs. In Casey Serin's case, that number was more like 10-20%, unbeknownst to his lenders, and rather than paying any costs, went straight into his pocket.

Some of the "cash back" monies were used in a classic pyramid scheme. Each closing brought more money to keep loans current on his existing properties. They also allowed Casey Serin and his wife Galina Serin to live an extravagant lifestyle. Casey and Galina Serin blew through the money quickly, and within months they were facing foreclosure on all 8 properties.

Casey says that he intended to 'flip' the properties. But I'm starting to wonder if he ever intended to do even that. After all, to a 24-year old immigrant with a ten-year history of running pyramid schemes and only a high school education to his name, he was holding more money than he'd ever seen through those cash-backs. Putting a lot of that dough, not to mention a lot of effort, into the properties to make twenty grand a pop probably paled in comparison.

(Side note, Casey apparently used his father's email account in 1997 when he ran the online pyramid scheme. He freely admits that he did this, and so the name you will see in that link is Aleksey Serin. In case you didn't do the math, that would have made young Casey all of 14 when he started committing multi-state felonies.)

Giving Casey the benefit of the doubt that he really was planning to flip the properties, the market was not on his side. But that's pretty par for dumbass Casey Serin. He considers himself to be some semblance of a real estate savant, yet didn't know enough to see that most real estate markets had been 'correcting' for a good 18 months before he started buying.

By the time Casey had these homes, he'd already significantly overpaid--far from what you set out to do in real estate investing. With deflating markets in many of the areas where Casey Serin bought homes, he has been unable to "flip" them as he intended and is now $2.2 million in debt. Serin hopes to file for bankruptcy to avoid paying his debts, but has been advised that the fraudulent manner in which the loans were acquired means that he will almost certainly be prosecuted for felony fraud---which he damn well better anyway!

What really pisses me off is that mainstream media has picked up Casey Serin's story, and made him the goddamned poster boy for 'the real estate bubble' and 'predatory lending'.....BULLSHIT. Casey Serin is definitely stupid as fuck. But he's an unrepentant con artist.

Casey and Galina Serin's story isn't one of 'young couple tries to make it in the cold, cruel world.' These two are fucking Bonnie and Clyde. What they're doing is bank robbery, without the gun. Yes, it's slightly more sophisticated than what the Barbie Bandits tried to pull off, but the intent is entirely the same.

While Casey and Galina Serin struggle under the weight of $2.2 million in bad loans, the boy has repeatedly turned down legitimate offers for work in order to pursue his burgeoning career in real estate. She won't work because she supposedly believes that her husband is supposed to support her, and besides, she's in *junior fucking college* !!!! He and his wife are additionally $140,000 in debt for unsecured loans such as credit cards, multiple bank lines of credit, and Cash Call.

As a lot of people have pointed out, this money didn't go into the houses he bought. It didn't go toward the mortgages. It didn't go into their maintenance. And it certainly didn't go into rehabbing them to flip. Put that together with the $100,000 - $150,000 in cash-back monies, and that means Casey and Galina Serin have blown through about $300,000 in less than a year. What entitled little twats.

As I mentioned before, Casey is unrepentant. The kid is, frankly, a fucking psychopath. In fact, Casey Serin is today still trying to make real estate deals. He repeatedly makes reference in his blog to making offers on other homes, and is reportedly even shopping for an apartment complex

Watchful observers have pointed out that Casey Serin has used several aliases and known associates. Some of these may be straw buyers; others may be simply a front to hide his own identity. He and his wife have also registered two known DBA's.

Per Casey Serin's own admissions through his blog, here are some other names you should know. I'm including this to not only provide additional transparency, but to assist any creditors and law enforcement tracking this asshole:

KNOWN ALIASES, POTENTIAL CO-CONSPIRATORS, POTENTIAL STRAW BUYERS:
Casey Konstantin Serin, Casey Serin's full name.
Galina Serin, Casey's wife, maiden name Suprun.
Finch Properties, Owned by Casey Serin and Galina Serin
Able Buyer, Owned by Casey Serin and Galina Serin
Aleksey Serin (Casey's father. Casey has reportedly bought and/or transferred properties to this name) Sacramento, CA. Other known cities: Fair Oaks CA, Rancho Cordova CA
Anna Serin (Casey's mother. Casey has reportedly bought and/or transferred properties to this name) Sacramento, CA. Other known cities: Fair Oaks CA, Rancho Cordova CA

KNOWN ASSOCIATES:
Nigel Swaby, Mortgage Broker, Integrity First Financial, Salt Lake City, UT. Other known cities: Sandy UT, Salem OR, Portland OR, Beaverton OR
Duane LeGate, President, House Buyer Network, Atlanta, GA. Other known cities: Marietta GA, Midland GA, Columbus GA, Orange Park FL, Cedar Grove WV
Paul Prestwich, Secure Tomorrow - Asset Protection, Sacramento, CA

Like many readers of Casey's jacked-up online confessional, I would run fast and free of any so-called 'real estate professional' who was cozying up to Casey or Galina Serin. Yeah, yeah...guilty until proven innocent. But like the old boys used to say, you lie with dogs, you're gonna get fleas. In this case, it's probably more like having some veeeery long conversations in closed rooms, even if you aren't conspiring in the con.

One of these associates has said that Casey Serin has recently partnered with a California "investor" referred to as simply "G". They traveled to Salt Lake City together last week, where they were shopping for new properties.

Other blogs say that Casey Serin and his so-called associate were out shopping for homes in the multi-million dollar range. This takes on a new level of ridiculousness when one considers just how badly Casey fucked up with $200,000 and $300,000 properties.

No doubt he's read up on his charlatan real estate investment seminar guides and decided that the 'real margins' are made in higher-end homes. HAHAHAHAHAHAHA!!!!!

If this is your first exposure to Casey Serin, you'll probably have the same reaction that I first did....no WAY could this be real. Oh, but it is. I've looked up the property records. I've seen the fictitious business license trail.

I've got to put this one to bed for the night. There's only so much thinking about this fucked up little huckster that I can stand for one night. But stay tuned....there are some very interesting topics on board. The Casey newbies will have to pull their jaws off the ground. And I highly encourage the seasoned Casey 'haters' to chime in with their vitriol as well.


"Editor's" Note--Work has been a killer for the past couple of weeks, and lord knows I'm not the only one. One of the great things about the 'blogger community' is that people are typically pretty cool about helping one another. With that in mind, my friend Alex and I decided to swap stories this week.

Basically, we're fans of one another's blogs and decided that we would each 'borrow' a story from the other. Alex runs a very cool site called "The Real Estate Forum". As a wannabe homeowner, I try to memorize the tips within for my 'one day' plan. So you'll see my Sunday story about the lady who gave away her tea shop in that blog. I think Alex spun it a bit to better suit the real estate audience. Now I'm doing the same thing with the Casey Serin story.

Alex and I are both incredibly interested in this story, so we're going to combine our research and work together. The blog at "The Real Estate Forum" will have more of a professional tone to it, as opposed to my 'fuck'-filled vitriol. I guess this is a kind of a meme, but I'm excited to see how it works out!

Meet the "Barbie Bandits" Part Two

As more information is released about the two fucktard 'bank robbers' in Georiga who disguised themselves with only bug-eyed sunglasses, one can't help but think about what a train wreck these girls are.

Apparantly, after Ashley Miller and Nicole Johnshon perpetrated their 'heist' of an Atlanta-area Bank of America, the two went on a spending spree. The left the suburbs, where they had held up a B of A inside a Kroger store, and headed to the posh Buckhead district to pamper themselves.

The girls first hit the Carter-Barnes salon, getting their hair cut and colored, then leaving $50 tips for their stylists. (Considering that they probably dropped $300 each on services, it's not even remotely an extraordinary tip.)

According to one of the hair stylists, she talked with the duo about the recent Atlanta area bank job. She reports that the two were unfazed by the incident, only saying "I know, that's so crazy, isn't it?" So they were obviously aware that they were being hunted, but were too dumb or high to let that freak them out.

They then reportedly hit the Cheesecake Factory on Peachtree Street for dinner. (Why do the white trash gravitate to chain restaurants? I mean, personally, I would have booked a table at a *nice* restaurant, but apparantly Cheesecake Factory is the tits to these girls.)

The girls parents are understandably devastated. I saw an interview with Ashley Miller's mom last night, and she looked absolutely gobsmacked. But the thing is, both of these girls had been on a collision course for at least some time.

Heather Johnston had been persona non grata in her family for several months. She was caught breaking into her parents' home through a back window while they were out of town. When the parents were contacted to confirm Heather's story that she was just breaking in because she had lost her key, they told police that she was absolutely NOT supposed to be in their home. According to the police report, the officer writes that the parents "specifically indicated she does not belong inside" the home.

Heather was then promptly arrested on criminal trespass charges. When she was booked on those charges, she listed her occupation as "dancer". Really...don't try to even act surprised.

Ashley Miller's resume is not any better. She was given a DUI in July 2006 (remember, she's only 19 as of this writing). When the group was arrested on the Bank of America heist, Ashley Miller, Heather Johnston and Michael Chastang were also found to be holding "less than an ounce" of marijuana and "more than 28 grams of ecstacy."

When asked about the x that Chastang was holding, Ashley Miller told the police that it was hers, and that she is "a drug dealer". She is not being released from jail due to probation violations associated with her DUI charge. Yeah-- (laughs)--bank robbery is probably a surefire way to violate probation!

Michael Chastang, it turns out, was in fact the ringleader as I first surmised here. His criminal resume lists previous arrests for theft, firearms and drug charges. What a winner. He apparantly introduced the dynamic dumb-asses to equally IQ-challenged Benny Herman Allen, and coordinated the plan.

He's the mastermind in the sense that he was the only one bright enough to not actually be in the vicinity of such a moronic crime.

Other than Heather Johnston's parents, who seem to have the most realistic handle on what a hell-bent path their daughter has been on, the other parents are sticking their heads in the sand. Both Miller's and Chastang's mothers can be found in the news hand-wrenching and saying idiotic things like her child "fell into a bad crowd" and other platitudes.

Hey folks, let me clarify something for you---YOUR KIDS ARE THE BAD CROWD. They devised this half-assed scheme to commit multiple felonies, then treated themselves to luxuries while they knew they were the most wanted felons in Georgia at the time. This is not the time to defend them.

The only thing that Ashley Miller, Heather Johnston, Michael Chastang and Benny Herman Allen have going for them right now is that they have been replaced as America's dumbest criminals.

That honor now belongs to 17-year old Demetris McCoy, of Watauga, Texas. While police were investigating his home regarding a series of buglaries in the area, they found a video of the asswipe forcing his 2- and 5-year old nephews to smoke a blunt, by putting it in the kids' mouths and badgering them to inhale.

I'm starting to develop some very strong ideas about forced sterilization.