Grand jury indicts man on fraud charges related to “fix-it”

by Donald Horne01 Oct 2015

A federal grand jury has charged an Ohio man with fraud, money laundering and tax evasion in connection with his mortgage fix-it business.

According to the Columbus Dispatch, Gary Jones of Columbus, Ohio, ran 3Arck Capital Group, a company that claimed it could erase or modify mortgages that homeowners couldn’t pay.

Jones charged $4,000 to $8,000 for each mortgage “amelioration,” as he called it, for at least 13 people between 2010 and 2012, the U.S. attorney’s indictment states, collecting $74,700 in fees from those customers.

But “no mortgages were ever successfully eliminated or reduced through the program,” the indictment says, and the fees paid by homeowners instead went into Jones’ personal bank accounts.

Jones faces 13 counts of mail fraud, eight counts of money laundering and four counts of failing to file income-tax returns, earning $280,340 in 2009, $1.1 million in 2010, $880,791 in 2011 and $146,555 in 2012, and is facing maximum penalties of 20 years in prison and a $250,000 fine for each mail-fraud charge; 10 years in prison and a $250,000 fine on each money-laundering charge; and one year in prison and a $250,000 fine for each tax charge.


  • by Justice L. | 11/10/2015 10:03:06 PM

    In addition to these charges, Gary Jones has additional charges pending a thorough investigation for his assumed role in complicated escrow deposit scam with former attorney Holly Joy Johnson and Andrew Bloom, both of Seattle, WA. Records show that well over a million dollars was been deposited into Holly's attorney escrow between November of 2014 and July 2015. Without any written or oral authorization, Holly allegedly deposited each deposit into her personal checking account, withdrew substantial sums in cash for personal, then transferred the balance to Andrew Bloom who claims to work as a principal for both Montavo Inc. and Lighthouse Partners. To date, multiple victims have come forward with claims that Holly has disappeared along with their monies. Each of the seven victims attempt to get a full refund from either Holly or Andrew continue to be met with more stall tactics, excuses, delays or no response at all. Now, after many months of deception and significant losses, the victims have collectively agreed to seek justice.

  • by Gunther Investigations | 11/11/2015 3:43:27 PM

    I believe Andrew "Drew" Bloom (approximately 38 years old) may be from Canada. He shares a name with two other Seattle area residents believed to be unrelated and know nothing of his whereabouts. According to two LinkedIn profiles, Andrew Bloom attended Seattle University and claims to have graduated with a business degree in 1995. The Seattle University registrar shows no record of his attendance in 1995 or any years prior. Though Bloom claims to be the president of business development for Bellevue-based Montavo Inc., its CEO, Mr. Brook W. Lang, appears to have no genuine interest in the background of his corporate officers. The corporate phone number for Montavo is still very much a mystery to verify Bloom's employment. Bloom also claims to be the managing partner of Lighthouse Partners LLC of Las Vegas, NV, which has been linked to an escrow deposit scam involving former attorney Holly J. Johnson, among others, and involves numerous victims. Lighthouse Partners shows as active in NV. It has several officers listed according to the secretary of state, but has no currently known address or verifiable phone number. Its domain was launched in 2013 and is managed by Daniel Done of Marketeering Group. It has since changed its "whois" status to private after multiple inquiries where made to Mr. Done about his affiliation to Lighthouse Partners and Andrew Bloom, if any.

  • by Batman & Robin | 12/1/2015 1:38:36 PM

    I too am looking for Holly Joy Johnson and Andrew "Drew" Bloom. Both have gone into hiding and are expected to be indicted on multiple counts by authorities. Holly is from North Dakota and has family there, while Andrew is somewhat of a mystery. He claims residency in multiple states but has nothing official in his legal name. He established now defunct Leewood Funding Inc. in Las Vegas some years ago under the assumed name "Andrew D. Bloom", but no public records show this person as a Washington state or Nevada resident. His has two profiles on LinkedIn which have numerous unverifiable companies listed as former employers. Bank records recovered by Washington State authorities show multiple transactions between Holly and Andrew involving significant funds transfers to his B of A account over a period of several months. Both have hurt a lot of people and have made no effort to make them whole again, though repeated attempts have made to right things. Unfortunately, at this point they're in too deep to stop investigators or prosecutors. I genuinely hope the authorities find each of these thieves before my investigators do.


Should CFPB have more supervision over credit agencies?