Prison Time for Woman who Lied on Loan Applications

Allison Tussey —  April 26, 2012 — Leave a comment

Jacquelyn Drago-Hunter, 61, Merrillville, Indiana, a defendant in the case US v Haymon et al., was sentenced by Judge Rudy Lozano to 15 months imprisonment and 1 year of supervised release after pleading guilty to the felony offense of wire fraud in a mortgage fraud scheme.

Drago-Hunter was a top administrator for the City of Gary, Indiana holding the title Director of Community Development. According to the plea agreement filed in this case, Drago-Hunter admitted that she schemed with Jerry Haymon to defraud lenders and others to obtain money by providing false information on loan applications and HUD-1 settlement statements. Drago-Hunter was ordered to pay $87,942.00 in restitution.

This case was the result of an investigation by the Federal Bureau of Investigation. This case was prosecuted by Assistant United States Attorney Gary Bell.

Be Sociable, Share!

Allison Tussey

Posts Google+

No Comments

Be the first to start the conversation.

Leave a Reply

Text formatting is available via select HTML.

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> 

*