Released on = February 15, 2007, 11:16 am

Press Release Author = Michael Blackburn / Perfect Home Living

Industry = Real Estate

Press Release Summary = The NBA is undoubtedly one of the greatest displays of human
talent ever witnessed and from February 17 - 19 the NBA\'s greatest will come
together to showcase skill, agility and talent for the 2007 All-Star Game in Las
Vegas. But while some celebrate the talent of the best the NBA has to offer, there
are some within NBA\'s elite hoping to forget the worries of an on-going mortgage
fraud trial.

Press Release Body = Salt Lake City, UT / Press Release / -- For a brief moment
once a year the world comes together to watch the best the National Basketball
Association has to offer. That brief moment has come to be known as the NBA
All-Star Weekend and this year is certain to be packed with talent from all over the
world.

Future Hall of Famers like Lebron James, Kobe Bryant, Dewayne Wade and many more
will dazzle us with spectacular moves and plays that are certain to have us talking
for weeks to come.

But for some this All Star Weekend will serve as a welcome break from the mahogany
wood of U.S. District Court in Atlanta Georgia. A court room that has heard
testimony from Pervis Ellison a former NBA Player and former Atlanta Falcons
linebacker Jessie Tuggle who have given testimony to a jury weighing fraud,
money-laundering and bribery charges against defendant Phil Hill and 11 other
co-defendants.

While it will be the job of Michael Jordan, Kobe Bryant, Dominique Wilkins, Vince
Carter and Julius Erving to judge Saturday Nights All-Star slam dunk competition it
will the job of a jury to decide whether former NBA Great Dominique Wilkins was
involved in a mortgage fraud scheme that bilked lending institutions out of
millions.

According to testimony provided by Ellison in U.S. District Court Wilkins earned
thousands of dollars by providing Phil Hill a real estate investor or people that
Hill would recruit to buy real estate with short term loans. Wilkins for his part
would collect fees as high as $25,000.00 or about 16 percent per loan.

Federal prosecutors claim that between 2001 and 2003 Hill and other defendants on
trial conducted three massive mortgage fraud schemes - all of which involved
numerous sales of metro Atlanta real estate, country club estates and luxury
condominiums costing lenders tens of millions of dollars.

Assistant U.S. Attorney Barbara E. Nelan identified Hill as the architect of those
deals, which resulted in more than $80 million in foreclosures. According to U.S.
Attorney Nelan Hill\'s transactions is known as a classic \"flipping\" scheme.

\"In Utah and other parts of the country \'flipping\' is illegal but far too often
flipping becomes the practiced norm,\" says Sheri Fitzpatrick CEO of Perfect Home
Living. \"In most cases the property is purchased from a seller and then quickly
resold at an artificially inflated price to a middleman or straw buyer. The straw
buyer mortgage is refinanced or resold with the profits split amongst the
conspirators,\" Fitzpatrick added.

Ellison\'s testimony stated Wilkins during this and other transactions made money by
providing down payments to people who were buying real estate from Hill. Once the
mortgage was secured and the property had been sold Hill would repay Wilkins
principle plus interest.

In the matter involving Ellison, Wilkins claimed not to have enough money to cover a
$150,000 down payment for an estate in the prestigious community of Buckhead for a
buyer named Erma Fletcher. Erma Fletcher was allegedly arranging to purchase the
property from Hill.

After meeting with Hill, Ellison was told by Hill that he had buyers and mortgage
companies but that a lot of the buyers did not have he means for a down payment.
That\'s when according to statements Wilkins became involved.

Ellison was repeatedly assured by Hill that this was a routine transaction and that
he [Ellison] would get his money back as soon as the sale closed. Gaining confidence
and trust in the people involved with the transaction Ellison toured the proposed
property located at 3575 Paces Valley Road. Upon inspection Ellison was told by
Hill the property was valued at $3.3 million.

Despite additional concerns Ellison gave Hill the check for $150,000 as a loan to
Wilkins for the property. Within the week Hill explained to Ellison there had been
complications with the transaction and that an additional $150,000 would be
required. Ellison was assured by Hill that within 30 days he would get all of his
money back.

To give Ellison confidence in the transaction, Hill had Ellison sign documents that
were to ensure the safety and soundness of Ellison\'s investment. Ellison later
discovered that the documents Hill had him initial were documents showing Ellison\'s
$300,000 as \"earnest money\" to be applied to the purchase price of the home. A home
Ellison said he didn\'t intend to the buy.

According to the indictment Hill funneled at least $150,000 of Ellison\'s money into
another real estate deal that Ellison did not authorize. To date Ellison has not
received any of his loaned money back from Hill.

About Perfect Home Living

Perfect Home Living is a nationally recognized leader that assists in implementing
programs and providing training to financial lenders as well as educating consumers
and licensed professionals to red flags within today\'s real estate market. For
more information or to request assistance please visit us online at:
http://www.PerfectHomeLiving.com


Web Site = http://www.perfecthomeliving.com

Contact Details = Perfect Home Living
1905 West 4700 South #353
Salt Lake City, UT 84118
Tel: 801.502.2508
Fax: 801.528.3321
Email: media@perfecthomeliving.com