Real Estate Investor Charged with Making False Statements

admin —  May 19, 2010 — 4 Comments

Justin Lindle Hatton, a Utah resident, the owner of a real estate investment and management company, Malibu Equity Group Inc, has been charged with making false statements to a financial institution, making and subscribing a false tax return and aiding and abetting.

According in the indictment, Hatton has been charged with falsely representing his employment, income, and his willingness and ability to service and repay a construction loan and line of credit to First Utah Bank. After obtaining the loan through First Utah Bank, Hatton failed to make payments on the loans as the terms required and caused First Utah Bank to suffer significant losses on both loan.

Please note, an indictment contains only allegations against an individual and, as with all defendants, the defendants charged in this indictment must be presumed innocent unless and until proven guilty.

The investigation in this case was conducted by the Federal Bureau of Investigation and the IRS Criminal Investigation Department.


Be Sociable, Share!


Posts Google+

4 responses to Real Estate Investor Charged with Making False Statements

  1. Justin’s whole life was a house of cards. Everything he has done in real estate and his business has been fraud. I find it funny that you people that make ignorent comments, this has nothing to do with First Utah bank. You obviously do not know who he is, we are talking about a con artist here. He has stolen from the government, banks and has ruined innocent peoples lives. Not only has he cheated on his wife but he has cheated anyone and everyone who ever did business with this man. Every single deal he has ever done has been fraudulent. He has committed fraud for the last 6-8 years. He has greased the banks, accountants, title companies, appraisers, you name it he has done it. Justin Hatton is going to get exactly what he deserves once he goes to jail.

  2. I know Justin. He cheated on his wife. He’s cheated on his taxes. He’s robbed a man of over 4.5 million that he tried to get cleared through bankruptcy. The list goes on. This is nothing. This guy is a total manipulator, cheater and fraud!

  3. I think it’s funny that First Utah Bank is pointing all the fingers at Justin when this is the type of bussiness they did for several years prior to the meltdown. A couple of years earlier First Utah was involved in the practice of flipping properties. First Utah has had to sign not one but TWO agrreements with the Federal Reserve to clean up thier act, both in the past ten years. The bank is close to failure as it is. Go to and check thier rating.

  4. First Utah Bank has a history of doing dirty business. I think it’s funny that they are pointing all the fingers at this guy when they have people on the inside who probably helped this guy do this. Shame on you!!! John, Bruce, Gary and Kim.

Leave a Reply

Text formatting is available via select HTML.

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>