Vorce arrested in Chicago on bank fraud

Vorce arrested in Chicago on bank fraud

There are 8 comments on the WOOD-TV Grand Rapids and Michigan story from Aug 31, 2008, titled Vorce arrested in Chicago on bank fraud. In it, WOOD-TV Grand Rapids and Michigan reports that:

Two West Michigan men have been charged with bank fraud after attempting to purchase a half-million dollar yacht using a Wisconsin man's identity.

Join the discussion below, or Read more at WOOD-TV Grand Rapids and Michigan.

bad dude

Colorado Springs, CO

#1 Aug 31, 2008
He is a bad person
lee

Sparta, MI

#2 Sep 1, 2008
thats messed up we put people for child support in jail we put people who sell drugs but someone who scammed the goverment and banks is just aloud to roam free and continue doing crimes thats sad
steve mcqueen

Denver, CO

#3 Sep 1, 2008
what a mess.
Cayman Islands

Riverside, CA

#4 Sep 2, 2008
Has it occurred to anyone that when Vorce was living in Miami he was actually funneling fraudulently obtained loot to the Cayman Islands?

Cayman Islands

Riverside, CA

#5 Sep 2, 2008
I think the advent of electronic producing of financial statements that are used to inform decision makers on business matters leave a very big opportunity for fraud and hi-jacking of organizations from banks, to all levels of government, to churches to school boards. People need to demand more accountabilty from people with titles of "business manager" or "accountant".

I think citizens would be surprised at how much gets "slid" under the nose by people they elect to
represent them.

I have Seen

Potterville, MI

#6 Sep 3, 2008
....a great big speed boat [like 50 feet]........with a big Ford truck that pulls it.

Now I understand how that all fits in with the BMW......and land purchases......with plenty of cash to spare.

I'm so sorry for the innocent bystanders and family members as these guys get to face their reality. I sure hope they can be stopped now........instead of after so much more money has been stolen from OUR banks. This affects all of us, here in GR, and many other places as well.

I've Seen
alan swimmer

Branford, CT

#7 Sep 4, 2008
Glad to see this crook behind bars. It appears that the lender was on their game.
Happy To See Him Burn

AOL

#8 Dec 28, 2008
The dipstick if famous LOL

From The Grand Rapids Press
FEATURING
West Michigan's top newsmakers for 2008

"The winner of the house might find a boat via the auction block, too. Michael Vorce made headlines for the second year in a row for alleged fraudulent titles on boats. In 2007, Vorce was arrested for securing millions of dollars in loans on high-end yachts that didn't exist or he did not own. The feds were still investigating that case when he was arrested again this past August for another boat loan that didn't float."

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