Tahmeane Elrod of Tyler, Texas, has pleaded guilty to conspiracy to commit wire fraud in connection with a mortgage fraud scheme. According to John Malcolm Bales, U.S. attorney for the Eastern District of Texas, in September 2007 Elrod devised a scheme to defraud mortgage financing companies by submitting false documents in order to qualify for mortgages for the purchase of a residential property. Elrod falsely inflated levels of earned income and forged signatures on a Request for Verification of Employment form as part of a loan application package. Sentencing has not yet been scheduled.
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