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Three Missouri Men Plead Guilty in $6.3M Mortgage Fraud

Monday, June 06 2005 06:09
False Information Submitted to Obtain Investor Loans

Three Missouri men plead guilty in connection with a mortgage fraud scheme involving loans of over $6.3M whereby they obtained loans for property ‘investors’ based on falsified information and documentation. Pleading guilty were:

Jonathan Jennings, 33, Lee's Summit, Missouri

Nathan Brinkle, 30, Kansas City, Missouri

Adam Kerr, 34, mortgage broker, Kansas City, Missouri

Brighter Homes East and JB Renovations, run by Jennings and Brinkle, purchased, rehabilitated and sold distressed properties to investors. Kerr, dba Platinum Mortgage II and later, Pearl Mortgage, brokered loans to the investors. The three men admitted that in obtaining loans for the 'investors, they provided false information on 94 loan applications, including false installment payment information, HUD-1’s, contracts for deeds, closing funds, etc.

4 comments

  • Comment Link tom gilmore Wednesday, December 22 2010 11:13 posted by tom gilmore

    Was just concerned after reading about the name Nathan Brinkle since I just sent to his father's house a check for some business I talked with Nathan on. Please contact me on this matter.

  • Comment Link Ben Edsall Tuesday, July 25 2006 06:15 posted by Ben Edsall

    One of these creeps (Brinkle) actually called me a few months ago asking if I would work with him in managing and selling some more property. Not just NO! Hell NO!

    So you are right they are still out there and still doing the same old scams.

    They plead guilty and went right back to doing what they do! Big deal.

    If you are thinking about buying any investment property call me first. 816-313-8876. There are so many scams and con artists in this industry.

  • Comment Link H.L. Monday, July 17 2006 07:35 posted by H.L.

    These guys ripped off dozens of people who trusted them of what they were selling. These guys are ruthless and very greedy. These guys have millions and guess what? They all walked, still free and still dealing with properties. This goes to show you that if you have enough money and a sneaky and ruthless lawyer, you can do ANYTHING! Way to go! Good for you.

  • Comment Link D. Ben Edsall Tuesday, January 17 2006 14:38 posted by D. Ben Edsall

    I have dozens of clients who were defrauded by these criminals. All of whom now owe way more that we can sell the houses for. Since Section-8 has reduced the amount of rent offered they can not meet there monthly payments. Turn-Key Properties LLC is a full service real estate and property management company. We service the entire KC metro area. I will help you if I can, feel free to call my office at 816-313-8876.

    www.turnkeyproperties.org

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Rachel Dollar Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.
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