As Her Trial Was to Begin, Woman Pleads Guilty to Tax and Mortgage Fraud

Allison Tussey —  October 9, 2013 — 2 Comments

Karin A. Hazel, aka Karin A. Caruso, aka Karin A. Corbin, Canal Winchester, Ohio, pleaded guilty to tax and mortgage fraud crimes just before her trial was to begin.

Hazel pleaded guilty on October 7, 2013, though her plea agreement remains sealed.

According to the Indictment, Hazel unlawfully and knowingly made material false statements and provided materially false documentation to Bank of America in connection with loan applications for the purpose of aiding and assisting clients of the defendant for purchases of properties.

The Indictment provides that the defendant submitted false applications, and fictitious support therefor, for and on behalf of her clients,  She falsely alleged that the purchases were refinances in order to achieve reduced interest rates.  Hazel misrepresented and inflated her clients’ incomes, set forth false and inflated clients’ assets, set forth false schedules regarding clients’ rental real estate, whereas Hazel knew and believed, each such real estate transaction actually was a no-down-payment real estate purchases. The defendant knew her clients did not possess the income or other resources for those loan transactions to be approved as purchases and were false and fraudulent for the purpose of influencing the actions of the aforementioned Bank of America submitted them as refinances.

Allison Tussey

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2 responses to As Her Trial Was to Begin, Woman Pleads Guilty to Tax and Mortgage Fraud

  1. I also worked with her more recently she was absolutely the rudest woman I have ever came across. Now I see why she was so stressed out. LOL Oh well!!!

  2. This was THE cause of the meltdown. Banks encouraged it.

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