Matthew Cox Net Worth: A Look At The Life Of The Infamous Scammer

Introduction

Matthew Cox is a name that is synonymous with fraud and deceit. He is known as one of the most notorious real estate scammers in American history. Cox began his life of crime at a young age and went on to commit a series of elaborate scams that earned him millions of dollars. In this article, we will take a closer look at the life of Matthew Cox and his net worth.

Early Life

Matthew Cox was born in 1969 in Phoenix, Arizona. His parents divorced when he was young, and he was raised primarily by his mother. Cox’s mother was an artist, and he inherited her creative streak. However, his early years were plagued by drug abuse and criminal activity.

The First Scam

Cox’s first scam involved stealing blank checks from a local business and forging them. He was caught and sentenced to probation. However, this did not deter him from a life of crime.

The Real Estate Scams

Cox’s real estate scams began in the 1990s. He would purchase homes, take out multiple mortgages on them, and then disappear with the money. He would also create fake documents and identities to support his schemes. Cox’s scams were so elaborate that he even created a fake law firm to lend credibility to his activities.

The Arrest

In 2006, Cox was finally caught and sentenced to 26 years in prison. He was also ordered to pay back $5.4 million in restitution to his victims. Cox’s net worth at the time of his arrest was estimated to be around $5 million.

Life in Prison

Cox spent over a decade in prison. During this time, he wrote a book about his life of crime titled “The Associates.” He also became involved in a prison outreach program that helped inmates prepare for life after prison.

Release from Prison

In 2019, Cox was released from prison after serving 13 years of his sentence. He was placed on supervised release for three years and ordered to pay the remaining restitution to his victims. Cox’s net worth at the time of his release was estimated to be around $100,000.

Current Activities

Since his release from prison, Cox has kept a low profile. He has not made any public appearances or given any interviews. It is unclear what his current activities or net worth are.

Conclusion

Matthew Cox’s life of crime is a cautionary tale of just how far some people will go to make a quick buck. His elaborate real estate scams earned him millions of dollars but ultimately led to his downfall. Today, Cox is a free man but will forever be remembered as one of the most notorious scammers in American history.