Cincinnati Cop Indicted For Alleged Fraudulently Obtained Mortgages In Sale Leaseback, Foreclosure Rescue Scheme
In Cincinnati, Ohio, WLWT-TV Channel 5 reports:
- A federal grand jury indicted a Cincinnati police officer Thursday on fraud and other charges in connection with an alleged foreclosure scheme. Adrian Mitchell is accused of forging signatures, falsifying documents and taking out fraudulent loans for several hundred thousand. [...] According to authorities, Mitchell bought the homes and rented them back to the previous owners.
- In one case, investigators said, Mitchell attempted to evict a Springfield Township couple from their home after they fell behind on their rent. Mitchell discovered the husband had hanged himself in the home’s basement and then forged life insurance documents [see Indictment - Counts 1-4], investigators said, which allowed him to collect nearly $200,000 in benefits intended for the man’s widow.
Regarding the charges related to the alleged fraudulently obtained mortgages in the foreclosure rescue deals, Mitchell was indicted for (see Indictment - Counts 5-12)
- bank fraud, and
- mail fraud (multiple counts).
To view the federal grand jury charges, see Indictment - U.S. v. Mitchell.
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