A Las Vegas mortgage agent was sentenced to serve 15 months in prison for participating in a fraud scheme that generated more than $1.2 million in fraudulent mortgage loans.
After a four-day trial, a federal jury in the District of Nevada found Heidi Haischer guilty of one count of wire fraud and one count of conspiracy to commit wire fraud for submitting inaccurate loan documents to help her purchase two homes.
According to court documents and evidence presented at trial, Haischer took part in this scam while she was employed as a mortgage broker in Nevada. From December 2006 to January 2007, Haischer and her co-conspirators fraudulently secured loans totaling over $1 million to
Evidence at trial showed that Haischer and others who participated in the scam subsequently enriched themselves by collecting brokerage commissions generated by the sales of the properties.
To fulfill the scheme, Haischer submitted multiple loan applications in which she overstated her income, presented false verification of employment and misrepresented her intent to reside in one of the homes as her primary residence. Additionally, Haischer showed inflated bank account balances that were supported by forged bank statements to make it appear that she had legitimate assets in order to help qualify for mortgage loans for which she otherwise would not have been eligible for.
Kelly Nunes, a co-conspirator in this scam, has already been sentenced to 51 months in prison, convicted for one count of bank fraud and one count of conspiracy to commit wire and bank fraud.
