Jerome Henderson, Jr., 37, Clarksville, Tennessee, was indicted for bank fraud, aggravated identity theft, and social security number misuse.
The seven count indictment alleges that from March 2005 through May 2007, Henderson engaged in a scheme to defraud mortgage lenders and financial institutions by submitting multiple fraudulent mortgage loan applications to various lenders and financial institutions for the purchase of properties in and around Nashville and Clarksville, Tennessee.
The indictment further alleges that the multiple mortgage loan applications submitted to lenders by Jerome Henderson, Jr. contained material misrepresentations about Henderson’s income, assets, and his financial suitability to qualify for a loan. The indictment charges that Henderson created fictitious and forged documents, including false social security numbers, a forged Army Contractor Badge, forged W-2 forms, and other forged documents, which he attached to mortgage loan applications and submitted to lenders. In addition, Henderson created false bank statements that showed fictitious direct deposit amounts into accounts bearing his name, and containing a bogus physical address.
If convicted, Henderson faces up to 32 years in prison and a $1,000,000 fine. Any sentence following conviction will be imposed by the Court after consideration of the U.S. Sentencing Guidelines and applicable federal statutes.
“Given the current strain on the housing and mortgage industries, our office takes very seriously, the prosecution of individuals and entities that defraud financial institutions,” United States Attorney Ed Yarbrough said. “Anyone submitting false or misleading information in loan applications or engaging in any other kind of mortgage fraud is on notice that the United States Attorney’s Office and other state and federal law enforcement agencies are focused on rooting out such illegal conduct.”
“This indictment is a great example of how the FBI works with fellow law enforcement agencies to target those who criminally manipulate the financial system for personal gain,” said My Harrison, Special Agent in Charge of the FBI’s Memphis Division. “We will continue working together to bring them to justice, so that they may be held accountable for their actions.”
The indictment was part of a continuing nation-wide initiative by the Department of Justice to identify and prosecute mortgage and other fraud perpetrated against lending institutions.
This case is being investigated by the United States Secret Service, the Veteran’s Administration Office of the Inspector General, and the Memphis Field Office of the Federal Bureau of Investigation. The United States is represented by Assistant United States Attorneys Darryl Stewart and John K. Webb.
An indictment is merely an allegation and is not evidence of guilt. A charged defendant is presumed innocent and is entitled to a jury trial at which the Government would bear the burden of proof beyond a reasonable doubt as to each count of the information.