Three Charged in $4.2 Million Mortgage Fraud Scheme

Three Charged in $4.2 Million Mortgage Fraud Scheme

April 22, 2011 – (RealEstateRama) — Earlier today in federal court in St. Paul, three people were charged with orchestrating a scheme to defraud mortgage lenders out of approximately $4.2 million relative to a Minnetonka development. Sheri Lynn Delich, age 45, of Apple Valley; My Dinh Lam, age 30; of Minneapolis; and Ashley Elizabeth Prasil, age 26, of Eden Prairie, were charged via an information with one count of conspiracy to commit mortgage fraud. In addition, Delich was charged with one count of money laundering.

Previous articleLeading Realtors with Kentwood City Properties Sponsor 13th Annual Washington Park Home Tour
Next articleHUD MAKES NEARLY $110 MILLION IN GRANTS AVAILABLE TO HELP LOW-INCOME FAMILIES RECEIVE JOB TRAINING, GAIN EMPLOYMENT