Thread: forged citizenship papers and FHA loans

Agents: Fake papers used to buy homes
By Ann Schrader
Denver Post Staff Writer
Article Last Updated:10/25/2006 02:46:25 PM MDT



From left, top row: Inocencio Landa-Madera, Adela Hernandez, Ruben Martinez, Ventura Moreno, Manuel Jilenez-Galindo, Manuel Barron, Edgar De La Rosa, and Arturo Flores were arrested in a mortgage fraud investigation, involving forged citizenship papers and FHA loans. Golden - Eight people were arrested Tuesday night on suspicion of using forged citizenship and financial documents to purchase FHA-insured homes.

The arrests announced today were a joint effort by the Colorado Bureau of Investigation, U.S. Immigation and Customs Enforcement, U.S. Department of Housing and Urban Development, U.S. Postal Inspection Service, U.S. State Department, Jefferson County Sheriff's Office and the Jefferson County District Attorney's Office.

"To combat this type of crime, it's critical that agencies work together to share information on such schemes as this," said Jeffrey Copp, special agent in charge of the ICE investigations office in Denver.

Bob Brown, CBI agent in charge of the investigation, said more arrests are expected as the investigation continues.

Those arrested include: Edgar De La Rosa, 28; Adela Hernandez, 37; Ventura Moreno, 39; Arturo Flores, 41; Manuel Barron, 43; Ruben Martinez, 26; Manuel Jilenez-Galindo, 29, and Inocencio Landa-Madera, 33.

Between July and September 2005, a Jefferson County grand jury indicted 10 people who were part of a mortgage fraud ring operating in Jefferson County.

The mortgage ring operated out of the ReMax 100 office in Lakewood. In three separate indictments, the alleged illegal activity was the same: Realtors, loan officers and sales agents worked together to sell single-family homes to 256 people who because of their citizenship or financial situations weren't qualified for home loans.

According to the indictments, the mortgage ring participants obtained loans for unqualified buyers by creating false documents about the homebuyer's identity, employment and credit history.

The documents were then submitted to legitimate mortgage lenders, the indictments said.

All of the 191 houses involved were purchased with HUD-guaranteed loans.

"The illegal activities involved in the sale and the purchase of these homes constitutes identity theft as well as mortgage fraud," said Jefferson County District Attorney Scott Storey.

The suspects arrested Tuesday night had their first court appearances today.

Our governmet has let a VIRUS in & is doing near nothing to fix it!
.
.
. . . . GET OUR LAWYERS TOGETHER & SUE THE POLITICIANS for TREASON! ! !
.
.
.