The fallout of the real estate and financial markets has caused federal investigators to scrutinize financial enterprises across the country. Business professionals, homeowners and other individuals are being confronted with allegations of loan fraud and mortgage fraud — many of them unaware of the illegal activity.
Mortgage and Loan Fraud Schemes
A former state and federal prosecutor himself, Dan C. Guthrie, Jr., is aware of the many mortgage and loan fraud schemes being used to gain advantages in a struggling market and the tactics used by federal investigators and prosecutors to expose such schemes. His law firm provides aggressive and diligent criminal defense representation to clients facing allegations in connection to:
- Mortgage fraud: Under pressure to obtain loans quickly in a difficult financial market, many mortgage brokers falsify documents in order to obtain approval for loans. Documents are sometimes changed — without the buyer’s knowledge — in order to ensure the buyer qualifies for the loan. Many buyers sign closing documents in good faith. However, if the misrepresentation of assets or income on the loan documents is detected, the buyer will be vigorously pursued as well as anyone else prosecutors believe were involved in the scheme.
- Straw buyers and investment properties: Investors gain advantage of a low APR and resulting reduced down payment on investment properties by indicating these properties will be owner-occupied. Federal investigators and prosecutors vigorously pursue loan fraud cases involving distressed properties that were purchased using the credit of “straw” buyers.
- Other forms of loan fraud: Dan C. Guthrie, Jr., defends professionals under investigation or charged with loan fraud in connection to inflated property appraisals, forged or falsified loan documents, property flipping and other alleged loan scams and fraudulent conduct.
Attorney Dan C. Guthrie, Jr., provides independent and experienced criminal defense representation to mortgage brokers, investors, appraisers, homeowners and other individuals and business professionals facing mortgage and loan fraud allegations in Texas and throughout the United States. Backed by over 30 years of experience and his experience as a former prosecutor, Mr. Guthrie has earned a reputation for successfully defending clients facing high-profile federal investigations.
To schedule a consultation and discuss your loan fraud case in a private, confidential setting, contact white collar crime defense attorney Dan C. Guthrie, Jr., today.