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US: 3 charged in mortgage fraud conspiracy case
Publicado el Oct 15, 2010

US: 3 charged in mortgage fraud conspiracy case

A federal grand jury in Cleveland has returned a 29-count indictment against three people accused of being involved in a $6.7 million mortgage fraud conspiracy.

Steven M. Dettelbach, United States attorney for the Northern District of Ohio, announced the indictment Thursday.

Louis Amir, 36, whose last known address is in Gates Mills, is accused of fraudulently applying for and obtaining six mortgage loans worth about $6.7 million dollars during December 2006 and January 2007.

According to the indictment, Amir is accused of using the money to finance the purchase of a home at 1860 Surrey Place in Gates Mills, a plasma television, and Bentley and Rolls Royce vehicles.

Daphne Stokes, 45, of Cleveland, and Deirdre Ferguson, 46, of Beachwood, also face charges because they are accused of aiding and abetting Amir.

The indictment alleges that Stokes made false statements relating to assistance payments she received totaling $57,300 from the Department of Housing and Urban Development.

Stokes is also accused of providing a false Social Security number to Huntington National Bank in December 2005 to get a loan for $20,800 to purchase a Mercedes-Benz vehicle.

Amir is accused of issuing a personal check to Ferguson for $100,000 on Dec. 22, 2006 and causing a wire transfer of about $2 million to Beachwood Title Inc., a business owned and operated by Ferguson.

Amir is charged with one count of conspiracy, six counts of wire fraud, 13 counts of money laundering and one count of perjury.

Stokes is charged with one count of conspiracy, six counts of aiding and abetting wire fraud, three counts of aiding and abetting money laundering, three counts of making false statements in bankruptcy, one count of theft of government funds, three counts of making false statements and one count for misuse of a Social Security number.

Ferguson is charged with one count of conspiracy, six counts of aiding and abetting wire fraud and two counts of aiding and abetting money laundering.

"These charges underscore once again that we are committed to rooting out the scourge of mortgage fraud," Dettelbach said. "These crimes seem complex, but their impact is obvious to everyone: foreclosed homes, blighted neighborhoods and families forced to make difficult financial decisions."

 
 
       
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