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11 indicted in mortgage fraud scheme
By ASSOCIATED PRESS
Published November 22, 2006
MIAMI - Eleven people indicted in a mortgage fraud scheme used phony and stolen documents to get $10-million in loans, authorities said Tuesday. The group allegedly obtained mortgages using counterfeit documents and fake or stolen Florida drivers' licenses and Social Security numbers to buy properties, Miami U.S. Attorney R. Alexander Acosta said. Defendant Yvette Scott Patterson, 40, headed the scheme and used her Broward County mortgage business, Khadmilroy Inc., to carry it out, the statement said. All the defendants are charged in a conspiracy to commit mail fraud, wire fraud and aggravated identity fraud, and with several counts of mail fraud, wire fraud and aggravated identity fraud. Patterson and Delroy Patterson, 45, are in Jamaica and considered fugitives, authorities said.
[Last modified November 22, 2006, 00:10:55]
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