Bourne evicted from second G’town home
Developer faces forgery charges
Bankrupt former real estate developer Michael Bourne was evicted from his Germantown home this week.
A private process server showed up at Bourne’s home at 1220 Poplar Estates Pkwy. Thursday morning with the eviction notice. About a halfdozen men removed all the furniture and appliances and set them along the curb of his former family’s home.
As the furniture was set at the curb, family members carried many of the items across the street to the home of Bourne’s in-laws.
“Look, this is a bad time. He doesn’t need any more harassment or talking to, so please go on,” said his father-in-law, Daniel A. Thole.
Thole said Bourne did not want to talk to reporters. His wife, Amie Bourne, also declined to comment.
Bourne, 39, was indicted last year on theft and forgery charges involving a half-dozen checks totaling $18,115 deposited in a Regions Bank account.
If convicted of forgery, each count carries two to 12 years in prison and $5,000 in fines. Bourne is expected to be in court Thursday for a report date in which a criminal trial will be set.
A former business partner of Rusty Hyneman, Bourne already has spent a month in jail after missing a court date and having his bond increased to $100,000.
He will appear to answer for the three counts of failure to appear in court, three counts of passing bad checks and seven counts of theft and forgery charges.
This is the second home Bourne has lost to foreclosure.
County records show that Bourne bought the Poplar Estates home in September 2005 for $131,000. The four-bedroom home with a pool appraised for $227,200.
Federal National Mortgage Association, commonly known as Fannie Mae, filed the foreclosure lawsuit on the property last year.
Bourne also lost his $1 million home in Devonshire Gardens in Germantown in 2008 to foreclosure.
Before he switched to real estate development, Bourne worked in telecommunications and built his wealth buying and reselling computer equipment from failing dot.com companies.