Welcome to Arrest Stories. A sixty-eight-year-old former Milwaukee City Attorney faces four new felony charges for allegedly orchestrating a deceptive real estate scheme that involved altering property documents and attempting to flip a house from eight thousand to over two hundred thousand dollars. Heres what may have happened.
According to official narratives, Tearman Spencer worked alongside an associate in what authorities describe as an elaborate property fraud scheme targeting a Milwaukee homeowner. The investigation reveals Spencer allegedly convinced a local man to bypass probate court entirely and sell them valuable property for just eight thousand dollars.
Court documents indicate Spencer took extraordinary steps to legitimize the questionable transaction. Investigators say he altered crucial title documents to falsely show the seller had legal authority to complete the sale. With these fabricated documents in hand, Spencer purchased the property at the drastically reduced price.
The scheme's scope became apparent when Spencer immediately listed the same house for over two hundred thousand dollars, representing a staggering markup of more than two thousand percent. Officials state Spencer collaborated with a real estate agent throughout the process, with both parties allegedly using what prosecutors call deceptive acts to acquire the property illegally.
Law enforcement warns this case may represent broader issues within local real estate markets. One official cautioned that investigators may find information related to shaky real estate transactions, suggesting additional victims could emerge. Another official described the defendants' strategy as using deceptive acts to acquire the property illegally, devaluing the property to maximize their return.
The legal timeline moved swiftly once authorities became involved. A complaint was filed on October sixteenth, with court proceedings beginning the following day on October seventeenth. However, the case experienced delays as prosecutors sought to combine multiple cases. The trial was subsequently scheduled to commence on October twenty-seventh.
Spencer was released on signature bond following his arrest on the four felony charges. The former city attorney's case highlights ongoing concerns about real estate fraud targeting vulnerable property owners.
All suspects presumed innocent until proven guilty in a court of law. Do not take this report as factual, always verify facts. Thanks for watching Arrest Stories.