Woman Convicted for Role in Mortgage Fraud Scheme

admin —  November 16, 2012 — 1 Comment

Heidi Haischer, 44, Las Vegas, Nevada, a mortgage agent, was found guilty for participation in a mortgage fraud scheme that netted $1.2 million in fraudulent mortgage loans.

According to court documents and evidence presented at trial, Haischer submitted to lending institutions loan applications in which she misrepresented her income, submitted false verification of employment and misrepresented her intent to reside in one of the properties as her primary residence. Evidence at trial established that Haischer participated in an illegal property flipping ring that fraudulently obtained properties that Haischer and her co-conspirators intended to sell for a profit. Haischer and her co-conspirators also enriched themselves by collecting brokerage commissions generated by the sales of the properties.

Co-conspirator Kelly Nunes was convicted in a related case in Las Vegas, Nevada on February 2, 2012, of one count of bank fraud and one count of conspiracy to commit wire and bank fraud.

After a four-day trial before U.S. District Judge Miranda Du in the District of Nevada, a federal jury convicted of one count of wire fraud and one count of conspiracy to commit wire fraud for submitting fraudulent loan documents to purchase two homes.

The announcement was made by Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division, U.S. Attorney Daniel G. Bogden of the District of Nevada, and Special Agent in Charge Kevin Favreau of the FBI’s Las Vegas Field Office.

This case was investigated by the FBI. Trial Attorneys Thomas B.W. Hall and Brian R. Young of the Criminal Division’s Fraud Section are prosecuting the case, with assistance from the U.S. Attorney’s Office for the District of Nevada.

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One response to Woman Convicted for Role in Mortgage Fraud Scheme

  1. Wow 1.2 Million! That’s a lot of mortgage fraud. It is great that they caught her. Thanks for all of the great information you provide.

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