Fake Gift Letter Results in Mortgage Fraud Charges

Allison Tussey —  June 13, 2012 — Leave a comment

Francisco Rodriguez, 41, Chicago, Illinois, was charged in an indictment with two counts of wire fraud for his role in defrauding mortgage lenders. The indictment was returned on June 6, 2012 and unsealed on June 11, 2012.

According to the indictment, Rodriguez applied for mortgages for the purchase of two properties: 2601 Jefferson Street, Gary, Indiana, and 884 Louisiana Street, Gary IndianaRodriguez allegedly submitted a fake gift letter signed by his mother, among other materially false information, to lenders for purposes of making himself appear more creditworthy. 

If convicted in court, any specific sentence to be imposed will be determined by the judge after a consideration of federal sentencing statutes and the Federal Sentencing Guidelines.

The Indiana United States Attorney’s Office announced the indictment.

An indictment is merely an allegation and that all persons charged are presumed innocent until and unless proven guilty in court.

These charges were filed as the result of an investigation by the Federal Bureau of Investigation and the Indiana State Police. This case has been assigned to and will be prosecuted by Assistant United States Attorney Gary Bell.

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Allison Tussey

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