North Texan Eoman Gets Prison over Mortgage Fraud 3/1/13
Associated Press
3/1/13
DALLAS - Prosecutors say a North Texas woman who held seminars on how
to commit mortgage fraud must serve more than five years in prison and repay
$2.8 million.
A federal judge in Dallas on Thursday sentenced 50-year-old Patience Lavon
Jackson of Arlington. Jackson in October pleaded guilty to conspiracy to commit
mail and wire fraud.
Investigators say Jackson helped line up buyers to submit fake invoices and
secure home mortgages or loans for residential improvements. Investigators say
Jackson since 2007 portrayed herself as being in the real estate business and
offered seminars at her house. She received payments from some of the illegal
proceeds.
Prosecutors say in some cases Jackson helped process documents for people
she never met or had advised on getting mortgages and then not repaying the
loans.