Black woman who was imprisoned for 2 years makes $50 million in real estate

  • Annetta Powell, a Black businesswoman once imprisoned for mortgage fraud has made a huge comeback
    • She has sold over 600 properties, making over $50 million in sales

    • The hardworking woman was born to deaf parents.

A Black woman from Detroit by name Annetta Powell who has been imprisoned for 24 months at the Alderson Federal Prison in West Virginia, known as ‘Camp Cupcake’ has made a huge comeback in the real estate industry since she was released in 2016. Blackenterprise.com reports that her business in real estate started as far back as 2002 when the brilliant woman started making progress. She leveraged her industry knowledge, published her first real estate book, and started conducting training seminars in 2007.

Life took a U-turn for the passionate entrepreneur just the following year as she was investigated for real estate fraud and later indicted in 2011 for mortgage fraud.

To make matters worse, the hardworking lady, prior to the indictment, completely flat-lined financially due to the housing market crash and inability to sell off investment homes. In 2016 after she was released—reclaimed and redeemed— Annetta Powell hit the ground running, building a real estate empire, opening five tax expert franchises, and a luxury party bus company among other enterprises. Reports indicate that the amazing businesswoman who was born to deaf parents has since made $50 million in sales from selling 600 different properties since she started her career.

Source:Yen.gh

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