On June 17, 2010, the United States Department of Justice announced the results of a nationwide mortgage fraud task force code-named "Operation Stolen Dreams." As of that date, the operation had netted 1,215 criminal defendants nationwide, including 485 arrests, who are allegedly responsible for more than $2.3 billion in losses.
Criminal charges had been filed against 123 of those defendants in Southern Nevada. In other words, over 10% of the criminal charges filed nationwide in Operation Stolen Dreams originated here in Southern Nevada. The local United States Attorney's Office has indicated that they aim to continue to identify and prosecute those who orchestrated "straw buyer" schemes and reaped fraudulent gains through mortgage fraud.
Mortgage fraud typically involves the falsifying of documents by a borrower to get a home loan he or she would not otherwise qualify for. In the midst of the mortgage crisis, the government is pushing hard for mortgage fraud convictions. If you have been accused of falsifying documents in relation to mortgage fraud, it is important to have an experienced criminal defense lawyer protecting your rights.
At the Christiansen Law Offices, our attorneys have extensive experience defending clients against mortgage fraud allegations and other white collar crimes. We are dedicated to protecting your rights and your freedom.
Contact us today online or by telephone at 702-763-6113 to speak with a knowledgeable Las Vegas mortgage fraud attorney.
Nevada Mortgage Fraud Attorneys
Mortgage fraud can involve any attempt to defraud a bank to obtain a mortgage loan. Mortgage loans can be complex, and many times mistakes are made in the process that can lead to allegations of falsifying documents.
Mortgage fraud charges can arise from alleged false statements about:
- Employment status
- Credit history
- Assets and property
If you are facing mortgage fraud charges, the potential consequences are severe. You may be charged not only with the actual loss resulting from the fraud, but by the intended loss as well. Depending upon the criminal charge and the amount of loss alleged, mortgage fraud defendants can potentially face up to 30 years in prison per count if convicted. Our attorneys have extensive experience representing individuals charged with mortgage fraud, including persons charged as a result of Operation Stolen Dreams.
Let Us Help You
If you have been accused of falsifying income on a mortgage application, or are a straw buyer, broker, lender, real estate agent or investor who is under investigation or have been charged with mortgage fraud by the federal government, please contact our office immediately to arrange a free consultation. Contact us today online or by telephone at 702-763-6113 to speak with an experienced Las Vegas mortgage fraud defense lawyer.