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Chaelgate Update #1: Probation, Snitchin’, and Sexyama

("…so if you’re looking for a realtor who’s courteous, motivated, and accepts his commissions in Human Growth Hormone, you know who to call." Gif amazingness via MMAScraps)

A few new details to add to last night’s Chael Sonnen money laundering bombshell:

— I know, we were all drooling with schadenfreude when we heard that money laundering carries a max sentence of 20 years and a half-milly fine. But don’t start planning Chael’s going-away party just yet, folks. According to the Oregonian, the government will recommend that Sonnen be sentenced to just two years of probation at his sentencing in March; as part of his plea deal, Sonnen also agreed to forfeit his realtor’s license and pay a $10,000 fine. And why is Chael getting off so easily? The loud-mouthed UFC contender is expected to cooperate as a witness against others involved in the mortgage fraud investigation. In other words, he’s a rat in addition to being a lying scam-artist with malfunctioning testicles.

— Just as the money laundering story broke, MMA Junkie reported that Sonnen had been scheduled to face Yoshihiro Akiyama at UFC 128 (March 19, Newark), just 17 days after his CSAC suspension ends. We’d consider that booking "tentative" considering the legal heat that’s now dogging Sonnen. Sexyama’s Octagon record dropped to 1-2 following his decision loss to Michael Bisping at UFC 120, though all three of his UFC bouts have earned "Fight of the Night" honors.

After the jump, more on the specific charge that Sonnen pled guilty to…

From The Oregonian:

The charge against Sonnen stems from the June 2006 sale of a home at 11249 S.E. Rolling Hills Lane in Portland. The lender, Decision One Mortgage, agreed to send more than $69,000 of the loan proceeds to a company called Crown Plumbing, a company owned by Sonnen’s mother, for some repair work on the house.

The repair work was never done. Instead, the money went as a kickback to the straw buyer of the house.

Straw buyers were a common phenomenon during the housing boom. Mortgage scammers typically recruited individuals willing to serve as front-men and women and would secure a loan for a home with a falsified loan application. They would then use various means to skim money off the top of the transaction.

Sonnen was not alone in this transaction. Government prosecutors allege he cooperated with Joel Rosabal and Chadwick Amsden, two mortgage brokers with Lighthouse Financial Group, a now-defunct mortgage brokerage formerly based in Vancouver.

Rosabal and Amsden in May were indicted and charged with multiple counts of money laundering, mail fraud and other charges, in part for their role in the sale of the house on Southeast Rolling Hills Lane.

At least five people who worked with, or for, Lighthouse have been indicted on mortgage fraud charges.

And finally, some finger-wagging from assistant U.S. attorney Michelle Holman Kerin:

"This office will continue to aggressively prosecute real estate professionals who committed the mortgage fraud that contributed to this country’s economic downturn and wreaked havoc on our community’s housing market. We entrusted these professionals to honestly broker real estate transactions and instead, they defrauded lending institutions throughout the country and left financial ruin in their wake."

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budsellers- January 5, 2011 at 1:12 pm
nickyroose has it correct here ^^

karma does not use the word semantics correctly either.

i get a belly laugh everytime i hear a misguided fool repeat what they conceive as truth because rush or beck said it. when they complain about the last 3 years of obama it is even funnier.

yes, we have been hearing about obama on the 24 hours news cycle for 3+ years now, but that does not make him president for that long. (or even presidential for you sarah palin fans. hey wait, maybe being on tv does make a person appear presidential to these folks and maybe that is why sarah is being considered "qualified" by so many of the same people? woah!)

3 years ago, people were still wondering if this country was ready for a black president and i am pretty sure it was barely 3 years ago that the word "obamania" was coined. in january 2008, hilary was still the front-running favorite.

doesnt matter because this economy tanked more than 3 years ago...
nickyroose- January 5, 2011 at 11:03 am
and three years? That puts him in office before he was elected by quite a while. NO slow takeover would ever be long enough.
nickyroose- January 5, 2011 at 11:01 am
Wilson you wound me. I was always fond of your post name because I assume it is your real name, as is mine.

Also I am not a democrat. I think any party that allows a draft-dodger to accuse a war hero of being unpatriotic and say nothing is not for me.

Further I assume both you and Karma are heads of state right? History professors? Or what? Either way your arguments do not contain or show logic. Please you use that word very often but you are not using it correctly.

Let's not be so fragile gang.
DangadaDang- January 4, 2011 at 9:11 pm
and by never, i mean ever.
DangadaDang- January 4, 2011 at 9:11 pm

Ha, like that time will never come.
KarmaAteMyCat- January 4, 2011 at 8:47 pm
You may not realize this but most administrations take over offices slowly even before their inauguration so he's been in office for more then two years. Don't try and play semantics with me it won't get you very far, but valiant effort none the less
fatbellyfrank- January 4, 2011 at 8:22 pm
Fuck, you guys pay a lot of attention to your political landscape, its healthy to see, If more of us dick joke crowd paid attention to the issues we could make informed decisions at the polling booths, to many people here in Aus give their vote without knowing jack shit about the policies and issues of the day, ( to many idiots put themselves up as politicians without knowing jack shit about the policies).
Sonnen is a thief, pure and simple, dress it up how you want but he took money he wasn't entitled to, and thats stealing.
budsellers- January 4, 2011 at 6:54 pm
^^ obama has not been in the white house for 2 years yet... perhaps your logic has failed you!! yes, he still has another 2 years and 2 weeks in office.
KarmaAteMyCat- January 4, 2011 at 3:33 pm
Why did it take our current Administration three years to remove a chunk of the soldiers from Iraq nicky? Why is it the current administration believes that giving money away is the solution. I am not a republican and I gotta admit one thing now and get it over with Bill Clinton was clearly the best President (Rwanda aside) in the past what? forty years? So with this in mind I wanna say that Obama is no Clinton. He has no chance of meeting the republicans halfway because they don't agree with the shit he's said and done in the past three years. The old adage goes "You make your bed and you gotta lay in it". Note that the link you posted in that graphic the lowest point of national debt belongs to a one William Jefferson Clinton Administration. Also that poll doesn't Include the three years of Obama's term. I wonder what it would look like if it did it would contradict the information that you want us to believe. Now I don't wanna go pointing fingers and I know we all wanna be united in the fore front in this time of great economic turmoil. However the chances of that happening are as likely as the Buffalo Bills winning a super bowl. With the house gone completely to the GOP and the Senate Gridlocked thats what I like to call the first of the last straws that this camel's(Administration) back can handle. So yeah perhaps Logic isn't your biggest quality but don't worry it is one of mine.
DangadaDang- January 4, 2011 at 2:34 pm

Don't think I'm backing Bush, cause I mean...c'mon.
Charming Charlie- January 4, 2011 at 2:26 pm
How do you know he is horrible? Because you have to keep defending him over and over on an MMA SITE.

I'm quoting this for the next time you want to be taken seriously, DangadaDang.
RwilsonR- January 4, 2011 at 2:19 pm
@ Fitzentite - I wasn't blaming you for starting this, I was just saying this wasn't the place to discuss it because I don't want to get drawn into this type of back and forth on an MMA site. We won't accomplish anything. Still, I got sucked in, but it's time to stop discussing it on this post, at least for me. There are plenty of good guys on here that I disagree with (including a lot of the writers on this site) and I would rather disagree with them about MMA, not politics. Nickyroose is not one of them, though.
nickyroose- January 4, 2011 at 1:51 pm
nickyroose- January 4, 2011 at 1:48 pm

Bush was a terrible president. He was re-elected. Conservatives thought the FDA was BIG GOVERNMENT telling corporations not to leave ground up rats in our food. How dare the government tell people they can't sell us rat shit without telling us.

Also I wasn't the first to mention him here.

@Karma -- War is not free. It costs a shitload of money.
DangadaDang- January 4, 2011 at 1:23 pm
God Damn it why is every article turning into a political discussion. I'm a moderate but Jesus Christ, I think you democrats should accept that Obama is a terrible president and move on. How do you know he is horrible? Because you have to keep defending him over and over on an MMA SITE. You are not going to change anyone's mind. Fuckin A his wife doesn't even think parents are responsible enough to watch their kids food intake so she wants to regulate what we eat.
dhx711- January 4, 2011 at 1:15 pm
Amazing how he manages to be both a douchebag and a scumbag at the same time.
KarmaAteMyCat- January 4, 2011 at 1:05 pm
I know all about FDR, you make no sense you repeated what I just said. Perhaps making some sense would go a long way for you.
KarmaAteMyCat- January 4, 2011 at 12:49 pm

So giving billions away how does this fix our solution and I believe that package was named the Obama Stimulus package. Give credit where credit is do HOLLA ATCHA BOI!
nickyroose- January 4, 2011 at 12:47 pm
@ Karma Ate My Balls

"Just consider it like this FDR didn't do it by spending money did he? Nope."


nickyroose- January 4, 2011 at 12:31 pm
@Reagan Wilson Reagan

You are such an apologist swine. Blaming the mortgage crisis on Obama? Fuck you and your stupid bullshit. Predatory lending was made up? My friend worked for Country Wide and they were specifically instructed to give loans with Balloon payments to fucking Negroes because they were less likely to notice the incredible lack of feasibility EVEN if they qualified for better loans. the reason there was a higher profit for the horseshit loans.

I am glad you are around though because your stupid horseshit makes normal conservatives all look like "O.H. Obama, took my Jerb!" like yourself.

PS Fuck you.
Dagnut- January 4, 2011 at 11:45 am
@RwlisonR....cheers for the info..still seems pretty light to me
Richard Fitzentite- January 4, 2011 at 11:23 am
@ jimbonics - yey = coke and no you are not allowed to posses any weed without a medical card. It is a misdemeanor to have less than an ounce of herb and about a $1000 fine.
Richard Fitzentite- January 4, 2011 at 11:06 am
@RwilsonR - yeah I'll remember who was in power at the time and what Jr senators from Illinois were doing at the time. I also remember Hanky Panky Paulson making it rain with $700 billion dollars of our money, and who appointed him. Side note....I also remember, you brought it up.
just some dong- January 4, 2011 at 10:58 am
He plead guilty and is giving up everyone he worked with in this scam. So that's why the sentence is drastically reduced from the potential max. Maybe if we're all really lucky, there will be an unsuccessful attempt on his life in the weeks to come, just to keep this crazy train a-rollin'.
KarmaAteMyCat- January 4, 2011 at 10:43 am
@ Almost North

I [HEART] You.

@ RwilsonR
I have to go get a CT scan done for the state of Minnesota so I'll be on in a bit gimmie some time.

@ Almost North

I'm just stating the facts it's funny because FACTS make people Rage quit life. Not my fault people can't handle the Taboo subjects such as Religion, Race, and Politics?