Jeannita Triggs was charged by information and plead guilty to one count of mail fraud in the United States District Court for the Eastern District of Missouri on August 17, 2004 in connection with a mortgage fraud scheme that cost lenders $1.2M.

The indictment alleges that between January 1999 and February 2002, Triggs devised a scheme to defraud by participating in various mortgage frauds while employed at Home Equity Title and Action Title. According to her guilty plea, she processed home closings with mortgage loans she knew contained false loan applications, sometimes with false appraisals and/or false employment records and sometimes with false buyers. Additionally, she processed closings on property she knew had two mortgages though not properly reflected in the records.

On November 19, 2004, Triggs was sentenced to five years probation and ordered to pay restitution of $1,359,588. According to court records, Triggs has been whittling away at the $1.3M restitution award at the rate of $200 per month (actually making a double payment in July, 2005. At $2,400 per year, the restitution award (without interest, of course) should be fully paid by the year 2571.