In the attached document “US Navy Response re Shaun R Williams 16-185”, Captain, U.S. Navy JD Thorleifson affirms that Shaun Williams is not and was never a Navy SEAL. See also the same finding from SEAL Team One Don Shipley.
As he has done with other clients, both friends and relatives, Williams misrepresented to CLIENT W.D that he was helping him as a friend and therefore the buyer would save the money that would otherwise go to a Realtor’s commission. In reality, Williams collected a full commission. He used this misrepresentation with other clients including:
• CLIENT J.S.W, of Schaumburg and now Elgin IL. This client fought with Williams for months until Williams finally reimbursed them for the amount of his 2005 Keller Williams referral commission on their real estate transaction as he had originally promised.
• VICTIM J.E was promised by Williams that he would help the victim for free, on the purchase of a W 64th Place, Arvada CO property, specifically, that VICTIM J.E would save the amount of the Realtor’s commission. Not only did Williams end up collecting a full commission at closing, but further, he went from claiming he was helping for free, to threatening VICTIM J.E that legally, the victim could not work with any other Realtor. VICTIM J.E indicates never having signing a Buyer Agency Agreement, and yet, “A staff worker at my old school in Arvada was selling her home, and I wanted to look at it, and Shaun told me, ‘You’re not legally allowed to look at any properties with any other realtor. You have a contract with me.’” This was after Williams had told VICTIM J.E he was helping for free.
Williams promised the buyers, “I’ll give you a $400 gift card at closing,” and when they were filling out their loan application, Williams added $400 to his commission, which increased the loan amount by $400. CLIENT W.D then asked, “What’s that $400 for?” and Williams replied, “That’s for the gift card I’m going to give you.” The client then politely said, “Well, why don’t we just forget the card, and leave that off the loan.”
Same as with Other Buyers Williams misrepresented to CLIENT W.D that he was helping him as a friend and therefore as the buyer, the client would save the money that would otherwise have gone to a Realtor’s commission. In reality, Williams collected a full commission.
Williams forged an already fraudulent Verification of Rent by altering the amount by putting a “1,” in front of the $300 on the VOR that VICTIM B.Js mother had earlier produced. Williams changed that document from $300 per month, to $1,300 per month. When the result looked obviously forged, Williams asked the buyer to obtain a new, false VOR to indicate $1,300 a month rent paid, to fraudulently qualify for a $500,000 mortgage.
After VICTIM E.H backed out of the purchase of the Wynspire property, and in similar fashion as recorded elsewhere on this site, Williams put the new buyer’s name on William’s own checking account to falsify income to the lender.
The buyer (VICTIM B.J) realized the severity of the criminal behavior being proposed, and backed out of the deal. Williams then berated the victim for refusing to purchase the home, even though that purchase:
• would be based upon an extensively fraudulent mortgage application; and
• would illegally disguise $80,000 in promised cash back to the buyer;
• would be for a sales price of $500,000 (which is more than 50% above the property’s reasonable market value).
Williams purchased a $320,000 Highlands Ranch home by mortgage fraud, immediately after he bought his residential loft at Downing Street, Denver CO. Williams essentially copied the mortgage application he used to buy his Downing Street loft, and submitted the copy of that application to qualify for the Wynspire purchase. He withheld from the lender the fact that he had just increased his debt load by more than $300,000 with the purchase of that Downing Street loft. Williams accurately calculated that the Wynspire closing was so soon after the loft closing that it would not show up on any credit check, etc., so that he could purchase two properties even if he only qualified for one.
As recorded here and here, Williams systematically urged his buyers to falsely claim owner-occupancy. For example, he did this in early 2005 with VICTIM C.S, urging her to apply for an owner-occupancy mortgage for a townhouse at Parkington Lane, Highlands Ranch, CO, when in actuality she lived with her husband at Coors Way, Arvada CO.
Same as recorded elsewhere on this website, during the sale of a Yosemite Street Condominium unit owned by Williams, Williams signed the Special Warranty Deed, falsely indicating that the buyer’s legal address was that of the unit being purchased. Williams had instructed the buyer to take a photo of himself at the property in a bathrobe to prove he had lived there (something Williams made a habit of advising). The buyer adamantly indicated that he would not lie about the address of his residence and also that he would not agree to William’s frequent urging to apply for an owner-occupied mortgage.
However, the Disclosure Notices document, “Affidavit of Occupancy” is marked correctly, as “Investment Property.”