Man Pleads Guilty to Mortgage Fraud

A man in the Lynchburg, Virginia area has reportedly pleaded guilty in connection with a mortgage fraud matter. According to reports, the man pleaded guilty to submitting a falsified mortgage fraud application as part of an $11 million mortgage fraud scheme. The man was allegedly used as a straw buyer which means he would inflate his monthly income and assets on loan applications. He then allegedly received a $5,000 kickback payment as the home was sold to a legitimate buyer.

It’s important that you understand the seriousness of fraud charges as they can result in heavy fines and possible jail time among other consequences. You need to know how to handle your case and protect your rights during this difficult time. You do not have to suffer if your matter is resolved in the best way possible. By employing assistance with your case, you will be able to move forward with your life.

If you or someone you know is facing these charges then it is in your best interest to work with a criminal defense attorney who will be able to help you settle this matter. By working with a defense lawyer, you will have your rights protected throughout this process. You can count on a defense attorney to always have your best interest in mind while dealing with court proceedings. Please take some time today to contact a criminal defense lawyer and begin discussing your case.