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FBI Agent in Prison for Mortgage Fraud; Goes From American Dream to American Nightmare

By Danny Fenster
ticklethewire.com

A former FBI agent has watched his life go from the American dream to the American nightmare, reports the Los Angeles Times.

Darin McAllister was a preacher in southern LA before working for the LAPD. From there he moved onto the FBI, working undercover in LA and then Tennessee, the Times reports. He called his career “my American Dream,” reports the LA Times. McAllister is now in a Kentucky federal prison, however, in what he calls “my American nightmare.”

McAllister is serving a four-year sentence stemming from a Justice Department investigation into mortgage fraud.

McAllister joined the LAPD just months before the Rodney King beating in March of 1991, as police were recruiting members of the African-American community for leadership roles, from churches in particular.

He was hired by the FBI in 1996 for undercover work .”I looked at the bureau as being the premier law enforcement agency,” he said. “I considered them the best.”

He was transferred to Nashville in 2003, where he bought duplexes, painted them and put up new drywall, then rented them out. But when the market soured, McAllister started losing tenants and falling behind on his mortgage loans. That’s when McAllister began to illegally inflate his earnings on mortgage papers.

To read more click here.

 


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Comment from cv60pao
Time December 26, 2011 at 11:58 am

I can’t believe he was hired with a divinity degree from Oral Roberts “University”. Bobby Mueller is a quota queen.

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