Sentence in New Mexico Mortgage Fraud

Rachel Dollar —  August 15, 2017 — Leave a comment

Robert O. Moore, 68, Albuquerque, New Mexico, was sentenced in federal court for his bank fraud conviction. Moore was sentenced to a 27-month term of imprisonment followed by three years of supervised release. Moore also was ordered to pay $150,535.10 in restitution to the victim of his criminal conduct.

On April 26, 2016, a federal grand jury filed an indictment charging Moore, a licensed real estate broker, with bank fraud and aggravated identity theft. According to the indictment, between April 2014 and September 2014, Moore perpetuated a scheme to defraud a loan and finance business that was involved in real estate closings and settlement out of more than $150,000, and facilitated the scheme by using the identification of another person.

On November 10, 2016, Moore entered a guilty plea to a felony information charging him with bank fraud. In entering the guilty plea, Moore admitted fraudulently transferring the ownership of a house that he was leasing to himself by presenting fraudulent documents to a financial institution so that he could obtain a mortgage against the house. Moore admitted that he used the name of an actual person as the notary public on the warranty deed without authorization.

The case was investigated by the Albuquerque office of the FBI and was prosecuted by Assistant U.S. Attorney Nicholas Jon Ganjei.

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