Trial delay in alleged East Tennessee reverse mortgage scam

Trial delay in alleged East Tennessee reverse mortgage scam:

'via Blog this'Joyce Allen and an associate are charged in an alleged money laundering scheme.

Allen's attorney also asked Friday that the charges against her be dismissed. The judge will hear that motion in October.

6 News has reported about one homeowner, Joy Joines, who was about to lose her house after investing her life savings with Allen. In August, Joines' foreclosure waspostponed.

Others say they were deceived by Allen as well. "She's like any other defendant. They want their case dismissed, which is another way of saying, I'm not guilty.  We know better. We know better," Kent Burleson said.

"We've lost our whole life's savings we had invested with her," Randall Marsee said. "It's one of them things."

The new trial date for Allen and her associate is set for January 7, 2013.

Sign In or Sign Up for an account. Comments Twitter Showing 3 comments Sort By Newest FirstOldest FirstHighest Rated william 3 hours ago +1  Share | Flag Bankers need to go to jail!!!!!!!!!!!! rightasrain 14 hours ago +2  Share | Flag That alone is the reason I am very skeptical of any investor. My account was churned by an employee of a well known firm. He left abruptly and I was told if I wanted to persue having my account investigatged, I would have to provide documentation and might have to go to Washington or NYC to have the case heard before arbitrators. I was uncertain as to how it would all play out and gave up due to frustration. Clearly my account showed where money had been moved as my balance dwindled. This jerk told me he wanted me to relax and have fun for a year while he managed my account. Guest 15 hours ago -2  Share | Flag Joy Joines is gonna have an even harder time hanging onto her house now.