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FEDERAL JURY ACQUITS TWO IN MORTGAGE FRAUD CASE
News Release -- March 28, 2015

                   FEDERAL JURY ACQUITS TWO IN MORTGAGE FRAUD CASE

An Eastern District of California federal jury in Sacramento, on Thursday, March 26, 2015, acquitted two defendants, Deborah Loudermilk and Buena Marshall, of mail fraud charges arising out of allegations of their having participated in a 2006 mortgage fraud scheme.

In the prosecution of the case, the government presented 26 witnesses and more than 300 exhibits. Unconvinced, the jury took slightly more than one day to acquit the defendants of all six of the charges against them.

Loudermilk was represented in the case by Summit Defense Senior Trial Counsel James Reilly, a former Orange County prosecutor who has been practicing criminal law for more than 39 years. Marshall was represented by Attorney Mark Reichel of the Sacramento law firm Reichel & Plesser. Reichel is a former federal public defender with more than 23 years experience in criminal defense.
It took more than 8 years to get the case to trial because the allegations were not even investigated until early 2010 and charges were not filed until October of 2011. During the more than three years that the case was pending, four of the original six defendants entered ... more

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