Theft By Deception Among Charges For Newark Man Accused Of Using Stolen ID To Sell His Own Home To Unwitting Victim, Then Purchase & Move Into Another

From the Office of the New Jersey Attorney General:

• Attorney General Jeffrey S. Chiesa announced that a Newark man was indicted [] for allegedly stealing approximately $1.2 million from two mortgage lenders by using a stolen identity and false information to obtain two home loans, which he used to sell his home in Newark and acquire a luxury home in Georgia.
  
  
• Davionne Anderson, 41, of Newark, and his unregistered real estate investment company, AAA Investment Group, were each charged in a five-count state grand jury indictment with two counts of second-degree theft by deception, two counts of second-degree identity theft and one count of third-degree money laundering. The charges stem from an investigation by the Division of Criminal Justice Financial & Computer Crimes Bureau.
  
  
• In April and May of 2007, Anderson and AAA allegedly used a woman’s stolen identity and false information to obtain a total of $1,205,250 in loans, which Anderson used to buy two homes in the woman’s name: a home that he himself owned in Newark, and a home in Georgia that was owned by an innocent seller who was unaware of the fraud. [...] After completing the phony sale of his own home and acquiring the Georgia home in the name of the unsuspecting buyer, Anderson moved into the Georgia home with his wife
  
  
• “Using a single stolen identity and two fraudulent loan applications, this defendant from Newark allegedly stole over a million dollars from lenders and attempted to settle into a luxury home in Georgia that we allege he never intended to pay for,” said Attorney General Chiesa.

For the NJ AG press release, see Newark Man Charged with Stealing $1.2 Million by Using a Stolen Identity and False Information To Obtain Two Home Loans.