Monday, March 24, 2008
Former NFL Player Arrested For Wire Fraud
Reed Kyle Diehl, 29, Coto de Caza, California, was arrested without incident by special agents of the Federal Bureau of Investigation. The arrest was pursuant to a complaint filed in United States District Court in Santa Ana, California that charges Diehl with wire fraud in connection with an offer to secure a line of credit.
According to the affidavit in support of the complaint, Diehl told the victim, a Chicago, Illinois housing developer, that he could secure a $24 million line of credit if the victim deposited $2.5 million into a designated account at HSBC. Diehl promised the victim that the $2.5 million deposit would be used as collateral for the line of credit and would remain in the designated account. Diehl allegedly withdrew all of the victim’s money and used the fund to pay, among others things, other people who had made investments with Diehl. No line of credit was ever obtained.
Diehl was arrested at his residence. He is expected to make his initial court appearance this afternoon in United States District Court in Santa Ana.
A criminal complaint contains allegations that a defendant has committed a crime. Every defendant is presumed innocent until and unless proven guilty.
mortgage fraud
I’ve never understood why these filthy rich athletes do things like this. Potentially risking a lucrative NFL career for more money is just incomprehensible.
Posted by on 03/24 at 09:44 AM
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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
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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. 
