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Hall of Shame fake mogul sentenced to federal prison in Virginia

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Hall of Shame fake mogul sentenced to federal prison in Virginia



Rob Wolchek put Roscoe Copeland and Dawnn Lynn Long in the Hall of Shame back in 2017 for taking upfront fees for home loans, then never delivering the loan.  

Now U.S. Attorneys in Virginia are sending them off to federal prison. They were convicted for conspiring to obtain more than $650,000 in advance fees from people seeking loans.  The pair had victims all over the country, from Detroit to Milwaukee, Wisconsin to Virginia.  

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Copeland was sentenced to six years and Long, sentenced to one year and one day. Both were also ordered to pay more than $600,000 in restitution in the decision, which came down last month.

According to court documents, Roscoe Copeland, 49, was the founder and CEO of Alexis Realty Solutions LLC which claimed to be an alternative funding source for prospective borrowers seeking loans for real estate purchases.

ARS targeted customers with poor credit ratings or were otherwise unable to qualify for a loan through traditional funding sources. ARS offered unrealistic interest rates to their customers, including as low as 1% for a traditional 30-year fixed mortgage.

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Copeland and his co-defendant, Dawnn Long, his chief operating officer, claimed that ARS was a private lender with no “middleman,” and that the company had access to specialized bond funding at discounted rates.

As part of the scheme, prospective borrowers paid ARS an upfront fee, typically 3% of the loan amount, to purportedly secure a bond necessary to obtain the loan.

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Roscoe Copeland/LinkedIn

Hall of Shame: Wannabe mogul lives large while customers languish

During the conspiracy, which lasted from approximately January 2017 to January 2018, Copeland and Long knowingly made repeated false statements to both prospective borrowers and consultants.

No one ever received a loan – echoing Wolchek’s 2017 Hall of Shame profile on Copeland and Long.

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Copeland documented his fancy lifestyle on social media, showing that he ate meals at five-star restaurants, lives in a luxury high-rise apartments, and even has a driver who chauffeurs him around.

Victims told Rob that Roscoe used his slick website and business image to get them to put down earnest money on real estate loans that were never funded.

Dawnn Long

 

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Virginia

Hyperfest fires up Virginia International Raceway with three days of car chaos

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Hyperfest fires up Virginia International Raceway with three days of car chaos


Engines roared and tires smoked at Virginia International Raceway on Friday as Hyperfest returned to Halifax County for a three-day festival that draws thousands of automotive fans to Southside Virginia.

The event is known for putting spectators close to the action, from drift cars to racing on the Patriot Course and off-road ride-alongs. Attendee John Campbell described the up-close experience: “You’re going to get rubber all over your face,” he said.

For some, the appeal is the unpredictability. “Chaos, and that’s the most fun thing you’ll ever do,” said attendee Dkoven Hunter.

SEE ALSO: Danville honors six fallen officers at annual Peace Officers Memorial Service

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Hyperfest also features novelty events, including Barbie car races scheduled for the evening. Festival founder and director Chris Cobetto said the hands-on nature is what sets it apart: “You can come, and you can do stuff, and you can see stuff, and that’s what the fun part is.”

Organizers expect the weekend to bring more than 24,000 people to Halifax County, including visitors traveling long distances to attend. Bryer Schiesser, attending for the first time, said he chose Hyperfest over a traditional graduation ceremony. “Instead of walking at graduation, I decided to come here,” he said. Schiesser and his friends drove from Pennsylvania for the festival.

Attendee Haley Brennan called the event a standout for car enthusiasts. “It’s awesome, it’s just a great place to come if you love the car community, it’s just the best thing you can do!” she said.

Tickets cost $100 per day or $155 for the whole weekend.



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Honking on the highway: Family of geese escorted off I-66 in Virginia

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Honking on the highway: Family of geese escorted off I-66 in Virginia


Those honks you heard on I-66? They weren’t from cars.

Police officers in Northern Virginia herded a family of Canada geese off the highway Thursday afternoon, as lanes were shut down to keep everyone safe.

The geese were spotted on I-66 westbound near the exit for Sycamore Street. Metro Transit Police got to them first, and Arlington County officers and Virginia State Police also responded to help, acording to Arlington County Police.

Video shows police vehicles slowly following the geese — two adults with a cluster of fuzzy yellow goslings — as they waddled along the far right shoulder toward milemarker 69.6.

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Lane closures were put into effect about 1:30 p.m., and police were able to escort the geese off the highway within about 15 minutes.

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County police quipped on Facebook: “What’s good for the goose…is probably to stay of I-66. 🪿 Virginia State Police , Metro Forward Police Department, Virginia Department of Transportation and ACPD officers worked together to assist a family of geese off a busy highway in a feat so great it gave us goosebumps!”



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More than 300 pounds of marijuana worth $1M seized in Bristol, Virginia State Police says

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More than 300 pounds of marijuana worth M seized in Bristol, Virginia State Police says


More than 300 pounds of marijuana worth more than $1 million were seized this month in Bristol, according to the Virginia State Police.

Multiple search warrants were executed this month by VSP and the Holston River Regional Drug Task Force in at various areas across the city between May 1 and May 13.

On May 1, a search warrant was executed at a business on Euclid Avenue. Around three pounds of marijuana was seized with a street value of $13,500. The location was within a school zone and a childcare facility.

On May 6, another search warrant was executed at a warehouse in Bristol. Virginia State Police seized 250 pounds of marijuana (street value of $1,135,000), 192 marijuana plants ($576,000), 50 pounds of THC edibles ($22,700). Charges are forthcoming, police said.

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Another search warrant was executed on May 13 at a business on West State Street. Around 25 pounds of marijuana was seized with a street value of $112,500. Additional evidence was also seized.

In addition, another search warrant was executed on May 13 at a business on Paulena Drive. About 30 pounds of marijuana was seized with a street value of $135,000. Additional evidence was also seized.

The Office of the Attorney General is reviewing the investigation for any possible applicable civil enforcement actions.

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The Holston River Regional Drug Task Force includes the Town of Abingdon Police Department, Bristol Police Department, the Russell County Sheriff’s Office, and the Town of Lebanon Police Department, as well as Virginia State Police.



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