Deebo has stayed schemin'. Tommy Lister, the man who famously played Deebo in the movie "Friday", has allegedly been snatching up mortgages lately instead of chains. The actor is pleading guilty in federal court for conspiring to commit mortgage fraud, which has cost lenders almost $4 million.

Lister explained his heinous scheme, saying he and several others acquired four different mortgages using false information and defaulted on all four of them. He also took out loans using the properties as collateral, which he of course failed to pay back.

Lister is facing up to five years in federal prison.

Source: tmz.com