By Amy McCullough
State Rep. Scott Delano, R-Biloxi, introduced House Bill 1377 this session, which he says would prevent fraudulent schemes such as the commercial real estate Ponzi scheme perpetrated by the Evans brothers.
HB 1377, which didn’t make it out of committee, would require all subdivisions, whether residential or commercial, to be filed in digital format with the appropriate county. The bill calls for uniform digital plat submission standards.
The Evans brothers used confusing metes and bounds descriptions to define parcels, on which they stacked mortgages. No plats were filed.
Read past MBJ Evans fraud stories here.
Contact the writer at amy.mccullough[at]msbusiness[dot]com.