Wednesday, February 13, 2008

Nothing but Trouble

On a weekday in the spring of 2006, Linda Clewette, a 57-year-old transcriptionist and self-employed candy machine vendor, slid into a booth at the Baker's Square in Maple Grove and ordered a coffee. With a modest income but a stellar credit score, she was about to become a real estate investor. Brandon Flavin and Nathan Nordvik, both in their twenties and dressed casually, sat across from her. They were there to tell her how.

Two years later, Clewette owns six suburban properties in various stages of foreclosure, her credit is shot, she's selling her north Minneapolis home of 10 years, she's living on her 35-year-old daughter's couch, and she's suing Flavin, 29, and Nordvik, 26, for $500,000.

Read the rest here.

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