Angela Corson Smith was indicted and charged with bank fraud for allegedly forging her husband’s signature to obtain a home equity line of credit.
According to the Indictment, from October 23, 2009, through May 15, 2010, Smith devised a scheme whereby she obtained loan funds from Altana Federal Credit Union by means of materially false and fraudulent pretenses. Smith submitted an application for a HELOC on a residence owned by Smith and her husband without her husband’s permission and using forged documentation in an attempt to obtain funds for her personal use.
Smith obtained $27,300 from Altana Federal Credit Union by using a forged power of attorney representing that she had her husband’s authority to enter into the HELOC on their residence.
Smith plead not guilty to the charges and was released June 27, 2013, on her own recognizance.