Mortgage Broker Extradited from Jamaica to Face Fraud Charges

admin —  May 25, 2009 — Leave a comment

Yvette Scott Patterson, who was recently ordered extradited from Jamaica to face federal mortgage fraud charges in the Southern District of Florida, has had an initial appearance in federal court in Fort Lauderdale. U.S. Magistrate Judge Barry Seltzer scheduled a pre-trial detention hearing for defendant Patterson for Friday, May 22, 2009, at 10:00 AM.

As previously reported on mortgage fraud blog, Patterson fled the U.S. in early 2006 after being arrested and released on bond on unrelated state charges. Patterson was subsequently indicted by a federal grand jury on November 7, 2006, on mortgage fraud charges in “Operation Whose House.” Yvette Scott Patterson had been detained in Kingston, Jamaica, since her arrest on March 8, 2008, pending extradition to the U.S. on the 2006 fraud charges.

The 2006 Indictment charged Yvette Scott Patterson and others with conspiracy to commit mail fraud, wire fraud, and identity fraud in connection with a mortgage fraud scheme to obtain mortgages based on fraud for the purchase of residential properties in Broward County, Florida. The fraud involved more $10,000,000 in mortgages. Through her company, Khadmilroy, Inc., in Sunrise, Florida, Patterson is alleged to have submitted fraudulent mortgage applications and false documentation to lenders throughout the U.S., using straw buyers and the stolen identities of unwitting victims.

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