Philip Rucker, 39, Gary, Indiana, was sentenced to 30 months in prison for his role in a mortgage fraud scam involving loan application misrepresentations. Rucker was a recruiter in the scheme locating individuals to purchase real estate.
As previously reported by Mortgage Fraud Blog, Rucker, along with Jerry Haymon, 44, Gary, Indiana; Sheila Chandler, 51, Schererville, Indiana; and Jacquelyn Drago Hunter, 60, Merrillville, Indiana, were charged, via grand jury indictment, with four counts of wire fraud. Drago Hunter was also charged with two counts of identity theft. Drago Hunter received a 15 month prison sentence.
The indictment alleges that Haymon, a real estate consultant, Chandler, a loan processor for a licensed mortgage loan broker, Drago Hunter, a title agent responsible for preparing HUD-1 settlement statements, and Rucker, who recruited individuals to purchase real estate in Gary, Indiana on behalf of Haymon, defrauded lenders and others by providing false information on loan applications and HUD-1 settlement statements. The two counts of identity theft against Drago Hunter allege that she, or someone under her control, used the names of 2 individuals on a fake HUD-1 settlement statement.
These charges were filed as the result of an investigation by the Federal Bureau of Investigation, the Internal Revenue Service Criminal Investigation, and the Indiana State Police. This case has been assigned to and will be prosecuted by Assistant United States Attorney Gary Bell.