Three Charged with South Florida Fraud Scheme
Patricia C. Grant, 48, Edgar Grant, 70, and Geisha Morris, 22, all Jamaican Nationals, were arrested on charges of racketeering, conspiracy to engage in racketeering, grand theft and obtaining a mortgage by fraud. It is alleged they falsified documents to obtain mortgage loans for properties in Broward, Palm Beach and Orange counties, Florida in connection with a fraud scheme operating since 1996 and involving approximately $3.3M. According to authorities, the defendants used a company known as Pinevest Partners LLC to create false W-2 forms, false bank statements and other documents to establish verified income for themselves. They would then obtain mortgages from lenders based on the falsified documents. Grant and/or her family members lived in some of these properties, others were rented by Grant and the rental payments were made to her, not the owners of the properties. Many of these mortgage loans were not paid and have been foreclosed or are in the foreclosure process.
