Participated as a straw buyer in a mortgage fraud scheme involving a property in Miami Beach, Florida
In July 2005, an individual participated as a straw buyer in a mortgage fraud scheme involving a property in Miami Beach, Florida. Loan applications submitted on their behalf contained materially false information regarding assets, employment, and intentions to occupy the property. The individual did not provide a down payment or intend to live in the property but received payment for their involvement. The scheme resulted in the lender incurring significant losses, with fraud damages exceeding $400,000.
Successfully negotiated minimal sentence in complex mortgage fraud case involving substantial financial losses and federal wire transfers across state lines.
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