Maybe crime doesn't pay: Inside the $7million mansion which New Jersey fraudster swapped for a jail cell

  • David Findel, 46, was jailed for five years in December 2011 for mortgage fraud and bankruptcy fraud  
  • He left behind this luxurious $7million mansion in Colts Neck in Monmouth County, northern New Jersey
  • Urban explorer, The Unknown Cameraman, took these pictures of the inside and outside of the house
  • Findel has since been released from prison, but his home was part of his restitution, so he cannot return
  • A source told DailyMail.com that Findel is still listed as the owner on tax records, but a court order may be preventing him from selling the property

Eerie pictures show the inside of a $7million mansion left abandoned by a New Jersey fraudster when he went to jail.

Graffiti, broken glass and debris now fill the rooms of the foreclosed house in Colts Neck that was once owned by former ex-mortgage executive David Findel.

When Wall Street crashed in 2008, it exposed numerous rackets which had been going on around the mortgage industry.

One of those caught out was Findel, 46, a mortgage executive from New Jersey, who was jailed for five years in September 2011 after pleading guilty to his role in an $11million loan scheme fraud. 

This is the $7million mansion in Colts Neck, New Jersey, which David Findel left behind when he was arrested by the FBI for mortgage fraud

This is the $7million mansion in Colts Neck, New Jersey, which David Findel left behind when he was arrested by the FBI for mortgage fraud

He was later sentenced to more jail time - to serve concurrently - after he fraudulently claimed in a bankruptcy petition to be virtually penniless. 

What had slipped his mind were the eight watches worth a combined $55,000, the 21 boxes of fine china and silver worth $14,000, more than 500 bottles of wine valued at $44,000, 11 paintings worth $8,000, a 2009 Jeep Wrangler...oh, and $41,851 in cash.

Findel, 46, a mortgage executive from New Jersey, was jailed for five years in September 2011 after pleading guilty to his role in an $11million loan scheme fraud

Findel, 46, a mortgage executive from New Jersey, was jailed for five years in September 2011 after pleading guilty to his role in an $11million loan scheme fraud

Findel swapped his $7million mansion in Colts Neck, New Jersey, for a jail cell.

An urban explorer, known as The Unknown Cameraman, has been inside the abandoned property to take these eerie images which emphasize that crime ultimately does not pay.

Graffiti can be seen sprayed all over the walls as vandals have left their mark. 

Other shots show outside the huge building and the enormous gardens that have become overgrown.

Findel was one of a number of crooked mortgage brokers taken down by President Obama’s Financial Fraud Enforcement Task Force.

He has since been released from jail, but his home was confiscated as part of his restitution. 

A source told DailyMail.com that Findel is listed as the owner on tax records.

But there is currently a dispute between a number of mortgage lenders, including Amboy Bank, as to who has the rights to the property. 

According to profile with the same name, Findel considers himself to be an expert in the field of leadership development and is a highly respected, sought after speaker, consultant and executive coach.

Pictures on the social media account show pictures of 'boot camps' he is believed to have organized.  

While Findel rotted in jail his luxurious abode in New Jersey was boarded up and is now covered in graffiti

While Findel rotted in jail his luxurious abode in New Jersey was boarded up and is now covered in graffiti

Despite being boarded up, it seems the property has been broken into and vandalized in the last few years 

Despite being boarded up, it seems the property has been broken into and vandalized in the last few years 

Broken mirrors and frames lie on the floor of what was once a grand ballroom where Findel and his family entertained guests

Broken mirrors and frames lie on the floor of what was once a grand ballroom where Findel and his family entertained guests

The kitchen in Findel's home now looks in need of some refurbishment. Findel was a huge New York Jets fan and once paid a record $400,000 for the rights to the two best seats at the MetLife stadium even before it opened

The kitchen in Findel's home now looks in need of some refurbishment. Findel was a huge New York Jets fan and once paid a record $400,000 for the rights to the two best seats at the MetLife stadium even before it opened

The power has long since been switched off in the mansion and the bedrooms have lost all their furniture 

The power has long since been switched off in the mansion and the bedrooms have lost all their furniture 

One of the bathrooms in the luxurious mansion has been smashed up and vandalized

One of the bathrooms in the luxurious mansion has been smashed up and vandalized

Local graffiti artists have covered the walls of what was once a ballroom with their scribblings

Local graffiti artists have covered the walls of what was once a ballroom with their scribblings

Shots from the front of the house show the windows covered up by boards. Grass is also seen growing out of cracks in front of the steps and on the driveway

Shots from the front of the house show the windows covered up by boards. Grass is also seen growing out of cracks in front of the steps and on the driveway

Graffiti covers the walls of this enormous bathroom while broken glass lies all over the floor 

Graffiti covers the walls of this enormous bathroom while broken glass lies all over the floor 

Pieces of the wall from this room have been ripped out. Findel has since been released from jail, but the home was confiscated by federal authorities 

Pieces of the wall from this room have been ripped out. Findel has since been released from jail, but the home was confiscated by federal authorities 

This image shows the massive entrance to the house from a second floor interior balcony 

This image shows the massive entrance to the house from a second floor interior balcony 

It is not difficult to imagine Findel hosted lavish parties while he still owned the property, before his downfall 

It is not difficult to imagine Findel hosted lavish parties while he still owned the property, before his downfall 

The Unknown Cameraman, who took these pictures, specializes in taking images of abandoned homes

The Unknown Cameraman, who took these pictures, specializes in taking images of abandoned homes

The garden, where the Findels once entertained guests, has become overgrown

The garden, where the Findels once entertained guests, has become overgrown

It is not known why the federal authorities have not sold the mansion or whether the land itself is up for sale

It is not known why the federal authorities have not sold the mansion or whether the land itself is up for sale

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