Local Police Reports

FBI: Attorney Among Four Defendants Indicted in Alleged $16.2 Million Mortgage Fraud Scheme

Chicago-(ENEWSPF)- Four defendants—an attorney, a loan originator, a mortgage broker, and a loan processor—were indicted for allegedly participating in a scheme to fraudulently obtain at least 35 mortgage loans totaling more than $16.2 million from various lenders, federal law enforcement officials announced. The indictment alleges that the mortgages were obtained to finance the purchase of properties throughout Chicago and in suburban Country Club Hills by buyers who were fraudulently qualified for loans, while the defendants…

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