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'via Blog this'(Source: IRS) - MARCH 30, 2012 – BOSTON – A paralegal was charged late yesterday in connection with a multi-year, multi-property mortgage fraudscheme. Rebecca L. Konsevick, 40, of Roslindale, was charged by Information with bank fraud and money laundering.
The Information alleges that from 2006 through 2008, Konsevick committed fraud in connection with condominium sales in Massachusetts. It is alleged that a developer identified multiple-family buildings for sale, recruited straw buyers to purchase the buildings and that the developer and others then recruited straw buyers to purchase individual units in buildings that the developer controlled.
According to the Information, the straw buyers’ financing for the purchases was obtained by falsely representing key information to lenders. The developer and others allegedly caused loan applications containing false representations regarding the buyers’ income, employment, assets, and/or intention to reside in the condominiums to be submitted to mortgage lenders. In addition, Konsevick and the developer caused HUD-1 settlement statements to be submitted to the same lenders, falsely representing that straw buyers had paid funds in connection with the property transactions, and falsely representing how the proceeds of the mortgage loans were disbursed. It is further alleged that Konsevick falsely signed certifications on these HUD-1 settlement statements and closed the relevant property deals.
If convicted on the bank fraud counts, Konsevick faces up to 30 years in prison to be followed by five years of supervised release and a $1 million fine. If convicted of money laundering, Konsevick faces up to 10 years in prison, to be followed by three years of supervised release and a $250,000 fine.
United States Attorney Carmen M. Ortiz; Steven Ricciardi, Special Agent in Charge of the U.S. Secret Service; William P. Offord, Special Agent in Charge of the Internal Revenue Services Criminal Investigation in Boston; Robert Bethel, Inspector in Charge of the U.S. Postal Inspection Service; and Cortez Richardson, Special Agent in Charge of the U.S. Department of Housing and Urban Development, Office of the Inspector General made the announcement. The case is being prosecuted by Assistant U.S. Attorney Ryan M. DiSantis of Ortiz’s Economic Crimes Unit.
The details contained in the Information are allegations. The defendant is presumed to be innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
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