His teachers advised him to get a job in which he worked with his hands, so he studied sculpture at the University of South Florida, and majored in art. His story is well chronicled and has been featured on Dateline NBC, CNBC's American Greed, in Fortune magazine, Bloomberg Businessweek, Playboy magazine, and other media outlets.īorn in Florida, Cox struggled in school due to severe dyslexia. ![]() He was released from prison in July 2019. Indicted on 42 counts, and facing prison sentences of up to 125 years, he plea bargained his sentence down to a maximum of 54 years on April 11, 2007, and was sentenced to 26 years on November 17, 2006. He was aided by several female accomplices, some of whom are in prison or have served time there for their participation in his fraudulent mortgage practices. His crime spree continued across the southern and southwestern United States, eventually landing him on the United States Secret Service's Most Wanted list. He began his life as a dedicated criminal in central Florida after that offense, before fleeing the area when his activities were discovered. He was then fired from the mortgage broker position he held in a Tampa, Florida area firm. Cox's first conviction occurred in 2002 when he was sentenced to probation for mortgage fraud. He acquired millions of dollars this way estimates report the amount at between US$5 and $25 million. Cox, also a true crime author, wrote an unpublished manuscript entitled The Associates in which the main character traveled the country to perpetrate a mortgage fraud scheme similar to the one Cox ran.Ĭox falsified documents to make it appear that he owned properties, and then fraudulently obtained several mortgages on them for five to six times their actual worth. ![]() Matthew Bevan "Matt" Cox (born July 2, 1969) is an American former mortgage broker and admitted mortgage fraudster. Released from Federal Correctional Complex, RRM Orlando Federal Bureau of Prisons register #40171-018 July 19, 2019īank fraud, identity theft, passport fraud, conspiracy to commit mortgage fraud, probation violationĢ6 years in prison,reduced to 15 years (served 12.5 years), $6 million restitution
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