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Real Estate & Property Law

: The Home Equity Theft Reporter

Grandson Gets 30 Months For Using Forged POA To Fraudulently Obtain Mortgage On Unwitting Senior's Home, Draining $93K In Equity In The Process

By r morris

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In St. Charles, Missouri, Suburban Journals reports:Scott P. Richmond, 38, of O'Fallon, was sentenced [] to 30 months in prison for his participation in two fraud schemes, according to a new release from the U.S. Attorney's Office for Eastern Missouri. Between April 1 and May 31, 2007, Richmond falsified mortgage documents and used a forged power of attorney to mortgage his grandfather's home in

Full post as published by The Home Equity Theft Reporter on March 27, 2010 (boomark / email).

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