Albert Pliner, 35, and Janna Pliner, 45, Cook County, Illinois are charged in a nine count indictment with Securing Writings by Deception, Money Laundering, and Theft for their role in a mortgage fraud scheme. Arrest warrants were issued in connection with this indictment for both defendants.
The Pliners purchased a Canal Winchester, Illinois home in February 2005 and executed the scheme in May of 2005. The Pliners used the equity in their $290,000.00 residence to secure mortgages and home equity loans from 5 separate financial institutions on the same day. At the closing on each loan, the Pliners certified on four of the loans that there were no other liens or encumbrances on the property.
As the result of this scheme, the Pliners obtained loans and equity credit line advances from the financial institutions in amounts ranging from $100,000.00 to $280,000.00.
The total intended loss in fraudulent mortgages as the result of this scheme is close to a million dollars.
“The scams carried out by this couple undermines everything the American Dream is supposed to encompass when buying a home. These con-artists came in to one of our communities to wreak havoc on our neighborhoods and rob our local lending institutions,” said Attorney General Marc Dann. “With the cooperation of local authorities and the Franklin County Prosecutor’s Office, I will continue to protect Ohioans from this kind of illegal activity, and I will continue to crack down on mortgage fraud criminals.”
An indictment is a charging instrument, as any person who is indicted is presumed innocent until proven guilty.