Ned Warren Sr. (aka Nathan Waxman) (1914-1980) is a proven fraudster, known as "godfather of land scams" in Arizona.
Warren was born Nathan Jacques Waxman in Boston, Massachusetts. He graduated from Worcester Academy and briefly attended the University of Pennsylvania. He was found guilty in 1949 for mail fraud for taking $ 39,000 from investors to produce the missing Broadway drama "The Happiest Days" and serve at Sing Sing prison. He also served in 1959 for bankruptcy fraud.
Warren arrived in Arizona in 1961. Warren was reportedly sent by "a member of the underworld of New York... to develop a ground fraud operation". He operates dozens of companies selling land, including Western Growth Capital Corp. and Consolidated Mortgage Corp. The companies sell the land in Cochise, Maricopa, Yuma, and Yavapai Counties. They misinterpret land for investors as habitable, when plots often lack paved roads, other improvements or access to utilities. They will also sell the same plot to many buyers and sell the same mortgage on this package to many creditors. The Arizona Attorney General brought a lawsuit to dissolve Consolidated Mortgage Corp. for his involvement in land fraud. The corporation was placed on the curator and dissolved in 1982.
Some people associated with Warren were killed. Accountant Ed Lazar was killed in a Phoenix parking garage in February 1975 by two Chicago hit mob guys (Nick D'Andrea and Robert Hardin) one day before Lazar was scheduled to testify before a grand jury about his relationship with Warren. He had previously testified to the same jury that Warren had bribed real estate commissioner J. Fred Talley. Tony Serra is the sales manager of Great Southwest Land and Cattle Company, a company believed to be controlled by Warren, and was convicted of land fraud charges in 1974. Serra was brutally murdered in jail in January 1977.
In September 1975, Warren was sentenced in Seattle to extortion, along with his son-in-law, Gale Nace. He was sentenced to 12 years in prison, but appealed the case and never served any time for confidence. In 1978, Warren was convicted in Arizona over 20 counts of land fraud and two alleged bribery, and was sentenced to 54 to 60 years in prison. He died in October 1980 while in jail.
Video Ned Warren Sr.
References
- The Arizona Project by Michael F. Wendland ISBNÃ, 978-0836207286 [8]
- Ex-Convict Connected to Scams in Arizona New York Times March 26, 1977 [9]
Source of the article : Wikipedia
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