Walsh, William
| Name |
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| born on | 16 January 1945 at 01:45 (= 01:45 AM ) | ||||
| Place | Cambridge MA, USA, 42n22, 71w06 | ||||
| Timezone | EWT h4w (is war time) | ||||
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| Astrology data |   25°45'   22°23 Asc. 01°27'
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Biography
American attorney, indicted 10/01/1992 on 29 counts of bank fraud and 29 counts of false statements. He had built a Cambridge law firm, a collection of independent contractors working together, with layers of protection (deniability) around himself. During the get-rich-quick '80s, Walsh had a swamped business of developer, broker, lender, buyer, seller and closing attorney of real estate deals. From May 1987 to March 1988 he "sold" 380 condo units with no money down, a complicated system of creative financing. When the market dropped, thousands of buyers simply walked away.
In 1991 the feds began to untangle myriad real estate deals that led to one failed bank after another, an awesome paper tangle of suspicious transactions that involved hidden financial schemes, land flipping, kickbacks, tax and securities fraud, forgery and influence peddling.
After he was charged, Walsh fled to a California Catholic retreat but gave himself up on 10/07/1992.
Events
- Crime : Arrest 7 October 1992 (Surrendered himself)
- Work : Begin Major Project May 1987 (Creatively sold condos)
- Social : Secrets revealed 1991 (Under investigation by the feds)
- Crime : Arrest 1 October 1992 (Indicted on brank fraud and fraud)
Source Notes
Frances McEvoy quotes B.C.
Categories
- Notable : Famous : Criminal cases (High profile white-collar crime)
- Passions : Criminal Perpetrator : Thief/ Financial crime (Fraud and bank fraud, forgery and land-flipping)
- Vocation : Law : Attorney
