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.

mortgage fraud

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