‘Sovereign Citizens’ Indicted in Tucson
Marshall Home, a one-time Tucson mayoral candidate, and Margaret Elizabeth Broderick, a disciple of the 1990s Montana Freemen money scams, have been indicted by a federal grand jury on multiple counts of fraud for running a financial scam straight out of the antigovernment “sovereign citizens” playbook.
Home and Broderick allegedly posed as representatives of Fannie Mae and Freddie Mac in a property acquisition scheme. They operated “The Individual Rights Party: Mortgage Rescue Service” in south Tucson. They advertised that, for $500 per case, they could help people whose mortgages were in foreclosure. The indictment alleges that Home and Broderick would fight foreclosure by filing paperwork that made ludicrous arguments to courts that did nothing to help the individuals who hired them.
They are also alleged to have registered the names “Federal Home Loan Mortgage Corporation” and “Federal National Mortgage Association” with the Arizona secretary of state. Those are the same names of Freddie Mac and Fannie Mae, respectively. Home and Broderick then allegedly filed deeds with county officials for real estate that Freddie Mac and Fanny Mae had acquired, and then they would “conduct a transfer” to their Individual Rights Party. Once they did that, they would rent out the properties.