Robert Franklin Miller, 51 plead guilty to four counts of felony theft in Baltimore County Circuit Court, Maryland. Authorities alleged that Miller ran newspaper ads soliciting people with poor credit and claiming that a mortgage could be obtained for any applicant for $2,500. He allegedly posed as an attorney and real estate broker, showed homes, signed contracts and accepted down payments which he agreed to keep in escrow until closing. He would then abscond with the funds.
After he was released from prison in 1999 in connection with a different scam, Miller married Deborah Kolodner, who was convicted for her involvement in another mortgage fraud scheme.
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.