In a video today on CNN.com, I was shocked (but not too terribly surprised) at the latest foreclosure news: Homeowners committing arson as their homes face foreclosure. As a former firefighter, I consider arson to be a deadly sin. While arson might seem, in a moment of hopelessness, a way to successfully get insurance money...it is a deadly game of premeditated crime.
"Sheryl Christman was sentenced last month for setting fire to her Michigan home. She thought insurance money could help her catch up on her past due house payments."
"...and after a conviction, homeowners still owe the bank hundreds of thousands of dollars."
correspondent Chris Lawrence
Unfortunately, most of these convicted arsonists only receive probation. A slap on the wrist for a premeditated criminal act, costing taxpayers and insurance holders money, and risking lives of all involved.