Rachel Dollar is an attorney and Certified Mortgage Banker who handles fraud recovery litigation for lenders and secondary market investors nationwide. She is a nationally recognized speaker on the topic of mortgage fraud. Ms. Dollar is licensed to practice law in California and maintains offices in Santa Rosa, California. Email Ms. Dollar

Mortgage Fraud Blog is co-sponsored by Interthinx the leading provider of fraud services and solutions for the mortgage industry.



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Recent Posts

- Lawyer Pleads Guilty to Stealing $4M From Real Estate Closings
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Friday, August 24, 2007

2 Minnesota Women Indicted for Fraud

Molly L. Heise, 49, Greenfield, Minnesota, owner of real estate closing firm Profile Title & Escrow Corp., and Christine A. Hein, 38, Buffalo, Minnesota, the company’s chief financial officer, were charged in a superceding indictment with multiple counts of criminal wrongdoing, including wire fraud and money laundering.

According to the Superceding Indictment, beginning in June 2002 through January 2004, the defendants conspired to defraud Chicago Title by depositing more than $370 million into a secret account while maintaining the escrow account required and known by Chicago Title with scrupulous adherence. From the “secret” account, Heise transferred $2 million to another account from which she paid personal expenses.  After Chicago Title withdrew as underwriter and revoked Profile Title‘s authority to act on its behalf, Heise and Hein continued to function as if Chicago Title was underwriting policies for Profile Title

Also as part of the scheme to defraud, Heise and Hein failed to satisfy sellers’ prior loans encumbering real property and other payouts according to the HUD-1 Settlement Statement.

   

Posted by Staff Reporter on 08/24/07 at 05:05 AM
Mortgage FraudMinnesota • Total comments: (5) (0) Trackbacks
  1. I went to high school with Christy!  woot!

    Posted by  on  08/31  at  12:25 PM
  2. I went to High School with Christy also. We just had our 20 year Class Reunion in July of this year. I remember asking her what she did for a living. She claimed to have worked @ the Buffalo Golf Course. Ha..Ha.. WHAT A COMPLETE MORAN SHE IS---NEED I SAY MORE?

    Posted by  on  09/05  at  04:04 AM
  3. Couldn’t happen to a nicer person - Molly is a complete wackjob who would sell your children behind your back.  She ruined many people.

    Posted by  on  12/29  at  12:47 PM
  4. I worked at Profile title, Molly had no idea what Ms.Hein was up to!That women is a lying, cheating bitch!

    Posted by  on  01/03  at  07:20 AM
  5. I also know Molly personally and as a former employee.  She is innocent!  Molly would give the shirt off of her back to anyone in need.  She’s helped all of her employee’s in one way or another and is a compassionate person. I’ve seen the papers the CFO showed Molly, WE didn’t know that the CFO had falsified them. Molly is guilty of one thing, that was being too trusting (what a shame). I think all the people who has been helped by Molly need to stand up and say enough. The court system has given a plea agreement to the criminal to indict the innocent just because Chicago Title thinks Molly has all this money!  What a bunch of crap!  Chicago Title had to pay off a lot of people. Maybe even one’s who were up for election.  A lot of bad things has happened to a really great woman and her family and it kills me.  I know who the player’s were, and I’m telling you Molly is innocent of all charges.  And Secure, I know about you also. If it wasn’t for Molly (you called her a wackjob) you would have never been able to open your business. You also owe her… You JackASS

    Posted by  on  02/07  at  06:56 PM

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Previous Articles

TRIAL COVERAGE

Trial coverage provided by Anne Mitchell, Crazy Fish Realty.

U.S. v. Miller, et al.

Thursday, December, 18, 2008

Verdict:

F. Jeffrey Miller Guilty of Conspiracy and Money Laundering

Steven Vanatta Guilty of Conspiracy , Money Laundering and Bank Fraud

Hallie Irvin Guilty of Conspiracy , Money Laundering and Bank Fraud

Sandra Jo Harris Not guilty- all counts



More Trial Coverage

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© Copyright 2004-2007 Rachel M. Dollar

Legal Disclaimer.
The information and notices contained on Mortgage Fraud Blog are intended to summarize recent developments in mortgage fraud cases and mortgage banking matters nationwide. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about mortgage banking, mortgage fraud matters or who believe they require legal counsel should seek the advice of an attorney. The creators, editors and sponsors of Mortgage Fraud Blog do not intend to create a confidential relationship or an attorney-client relationship by communication via or arising from this site.

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