Wildor Washington, Jr., 39, Leawood, Kansas, has pleaded guilty to mortgage fraud charges. Washington pleaded guilty to one count of conspiracy, seven counts of wire fraud and three counts of money laundering. In his plea, he admitted in 2003 he conspired with other defendants to obtain mortgage loans by submitting inflated property appraisals and other false information to lenders.
Washington pleaded guilty to wire fraud counts involving the sale of properties in the 2400 block of Olive, Kansas City, Mo.; the 4000 block of Virginia, Kansas City, Mo.; the 500 block of Sharon Drive, Liberty, Mo.; the 4600 block of 146th Street, Leawood, Kan.; and the 12400 block of East 58th, Kansas City, Mo.
Washington is scheduled for sentencing Feb. 8 , 2010. He faces a maximum penalty of 20 years and a fine up to $250,000 on each of the wire fraud charges, and a maximum penalty of 5 years and a fine up to $250,000 on the conspiracy charge, and a maximum penalty of 20 years and a fine up to $500,000 on each count of money laundering.
As previously reported on Mortgage Fraud Blog, co-defendants in this case include:
Maurice Ragland, who is set for sentencing Dec. 21, 2009.
Victoria Bennett, who is set for sentencing Dec. 21, 2009.
Terrence Cole, who is set for sentencing Dec. 21, 2009.
Scott Alexander, who was sentenced to 12 months and a day and ordered to pay more than $1.7 million in restitution.
Kara E. Robinson-Franks, who is set for sentencing Jan. 11, 2010.
U.S. Attorney Lanny Welch commended the Internal Revenue Service – Criminal Investigations Division, the Johnson County Sheriff’s Department, the Overland Park Police Department, the U.S. Secret Service’s Financial Crimes Task Force and Assistant U.S. Attorney Marietta Parker for their work on the case.