Fraud Schemes involved more than 400 victims and 20 fraudulently acquired properties
The founder and head of Chicago Development and Planning was sentenced yesterday to 15 years and eight months in prison, and ordered to pay more than $9 million in restitution
She fled to Mexico when she learned that federal authorities were investigating Chicago Development and Planning. After spending several months in Mexico, she returned to the United States, but made continued efforts to avoid law enforcement: she did not have a valid driver's license in her name, did not have a phone in her name, and she cut off contact with family members whose whereabouts were known to federal investigators.
Read the whole Story @ http://tinyurl.com/2fzbufd
We must be vigilant against fraud, recognizing its signs and taking proactive, definite, and realistic steps to not only prevent it but also punish it.
It starts with me.
It starts with you.
It starts with us...
You are all encouraged to report any suspected mortgage fraud activity to authorities.
Michael S. Richardson
Director/Mortgage Fraud Services
Author of "An American Epidemic, Mortgage Fraud a Serious Business"
Follow me on Twitter @ FocusonFraud