Four Charged with Mortgage Fraud
Posted on Sep 28, 2011 7:50pm PDT
Four people in the Tucson, Arizona area have reportedly been charged with mortgage fraud. According to reports, the four people are accused of bilking lenders out of $3.9 million. The four are formally being charged with conspiracy to commit bank fraud, false statement to influence a financial institution and conspiracy to commit transactional money laundering. The people allegedly fraudulently obtained loans for 19 properties that ended up going into foreclosure.
Fraud charges can be incredibly serious and result in consequences such as jail time and heavy fines depending on the situation. It's important that you understand what you are being charged with and how you should go about resolving this matter. You do have rights to protect during this difficult time and options to do so. Begin the process of moving forward with your life. It's in your best interest to work with a criminal defense lawyer who will understand your case and be able to guide you through this difficult process. A defense attorney will know how to deal with court proceedings and any other aspects necessary. You can count on a defense lawyer to always have your best interest in mind while fighting to protect your rights. Please take some time today to
contact a criminal defense attorney and begin discussing the details of your case.
