Appraiser Pleads Guilty in Connection with Mortgage Fraud

Allison Tussey —  February 18, 2005 — Leave a comment

Peggy Jo Snodgrass Inflated Appraisals

Peggy Jo Snodgrass, 39, appraiser, Raytown, Missouri pleaded guilty to charges in connection with submission of fraudulent appraisals to lenders. Snodgrass admitted to causing mortgage companies to approve 75 loans totaling approximately $4.3M between June and November of 2000.

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