Mortgage fraud is becoming the every day crime in my opinion. Not only are people in the mortgage industry committing fraud but attorneys, some pastors and even federal workers. This time the story comes from Gwinnett Daily Post about a lawyer who pleaded guilty to mortgage fraud conspiracy. This gentleman purchased 4 condos in 2000 to raise money for his used car business. He involved his business partner to prepare false loan applications and supporting documentation to misrepresent his income. Why do they involve other people in such deceptive acts? Do it alone if you are going to go this route!! Mortgage fraud is destroying businesses, communities and families.
