Katherine Vidaurri (aka Katherine Pulliam, Katherine Padilla), 51, Albuquerque, New Mexico, pleaded guilty to Mortgage Fraud, Forgery and Racketeering charges. Second Judicial District Court Judge Reed Sheppard accepted Vidaurri’s plea, which could result in up to three years jail time at initial sentencing in 90 days.
As previously reported by Mortgage Fraud Blog, Vidaurri’s charges include:
• Fraud (Unlawful Mortgage Company and Loan Brokers Act), 4th degree felony, 1 charge.
• Forgery, 3rd degree felony, 4 charges.
• Conspiracy to Commit Racketeering, 3rd degree felony, 1 charge.
• Fraud (Over $20,000), 2nd degree felony, 1 charge.
Vidaurri’s charges stem from a 3-year investigation by the Attorney Generals office. This is not the first offense for Vidaurri. On December 17, 2004, she was convicted in Bernalillo County’s Second Judicial District Court on fraud charges and for violating the Mortgage Broker Act in 1997 and 1998.