James E. Coleman, 59, and James R. Rhoades, 48, Kansas City, Missouri, pleaded guilty in separate appearances to a federal indictment. The January 2007 indictment charges Coleman and Rhoades for their part in a mortgage fraud scheme in which each of the defendants conspired and agreed to obtain and retain (for personal use) money from Fieldstone Mortgage Corporation and Freedom Title Company by means of material false pretenses, misrepresentations and concealment of material facts. Coleman and Rhoades assisted in the preparation and submission of the fraudulent loan application and supporting documents.

The Defendants charged in the indictment include:

Raymond W. Zwego, Jr., Owner of Real Estate Investment Firm;

Philip F. Cardarella, Attorney;

Katheryn J. Shields, Attorney;

Larry E. Barshaw, Employee of Home Remodeling Business;

Linda M. Thompson-Barshaw, Owner of Home Remodeling Business;

Monty J. Kinman, Loan Officer;

Rick A. Peterson, Closing Agent;

Jeremy A. Plagman, Appraiser;

Michael Rodd, Real Estate Agent;

James E. Coleman, CPA; and

James R. Rhoades, Employed with Xpress Car Sales.