Michael and Ardith Parish, the couple's homebuilding company, Parish Marketing and Development, as well as their son-in-law, Christopher Troup, were charged in U.S. District Court in Minneapolis, Minnesota.
The criminal information charges the defendants with conspiracy to commit mail fraud, among other things. Specifically, the information alleges that all four defendants knowingly and intentionally conspired to execute a mortgage fraud scheme whereby the defendants would obtain money through false and fraudulent pretenses. In addition to conspiracy, Parish Marketing is charged with money laundering for a transaction that took place in February, 2007, involving almost $27,000. Michael Parish and Troup are also charged with separate counts of money laundering for the 2005 purchase of a $64,500 Cadillac, and a 2007 purchase of a $23,000 Chevy, respectively.
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.