An indictment was unsealed that charged Tarik Hamdi, 43, Herndon, Virginia with wire fraud in connection with allegations that he inflated his income on a mortgage loan application along with immigration fraud. Hamdi is a naturalized U.S. citizen who emigrated from Iraq. Hamdi is believed to be out of the country and has not been arrested although the grand jury indictment was returned in May.
Hamdi is better known for his ties to Osama bin Laden. According to court documents, in May 1998, while in Afghanistan helping to set up an interview for ABC News, Hamdi delivered a satellite phone battery to an aide of Bin Laden. The phone was later used by Bin Laden in connection with the bombings of U.S. Embassies in Kenya and Tanzania. Hamdi has not been charged in connection with delivery of the battery.
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.