How did James Buchanan secure $1 million in mortgages on a $22K salary

Mr Buchanan lists two mortgage liabilities with a combined total of over $1 million.. That same property is also listed as providing income in 2016 in rent and interest of between -5. business loan calculator – Calculator.net: Free Online.

George Washington made $25,000 a year back in 1789, which is more than Obama’s designated salary by today’s standards. Stay in the loop! Get breaking news and big stories on your desktop.

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Former mortgage associate charged in connection with $1.2 million fraud lethbridge regional Police have charged a 48-year-old man in connection with a $1.2 million fraudulent investment scheme. In November 2014 police received a report of a fraud involving multiple investors.

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How did James Buchanan secure $1 million in mortgages on a $22K salary Former Vice President of Maryland Bank Sentenced To 3 Years. – Former Vice President of Maryland Bank Sentenced To 3 Years in Federal Prison for Scheme to Steal Over $1.8 Million from Bank Customers.

Part of James Buchanan’s candidate financial disclosure filing. James Buchanan owes one mortgage to each corporation: one for $800,000 (owed to Jamatt Properties LLC), and the second for $232,610 (owed to Orange Park LLC). Combined they come to a total of 1,032,610 – over 45 times James Buchanan’s 2016 salary.