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Updated: 6:32 PM Sep 25, 2009
MD Woman Pleads to Mortgage Fraud VA, MD and D.C.
BALTIMORE (AP) Federal prosecutors say a Maryland woman has pleaded guilty to mail fraud in the fraudulent purchase of properties in Maryland, Virginia and Washington.
Posted: 12:00 AM Sep 26, 2009 |
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Federal prosecutors say a Maryland woman has pleaded guilty to mail fraud in the fraudulent purchase of properties in Maryland, Virginia and Washington.
Thirty-seven-year-old Jamilah Al-Bari of District Heights entered the plea Friday. She will be sentenced November 13.
According to her plea agreement, Al-Bari used her job at M&T Bank in Upper Marlboro to create false documents to verify assets of straw buyers. Al-Bari sent false verification letters on M&T letterhead to banks and mortgage lenders.
Prosecutors say Al-Bari bought five properties in Baltimore and two in Spotsylvania, Virginia. The loss amount attributed to Al-Bari was between $400,000 and $1 million.
©2009 The Associated Press. All rights reserved.
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