Rosemount man pleads guilty to bank fraud
September 11, 2009
Total Loss:
$100,000
A 34-year-old Rosemount man pleaded guilty Wednesday in connection with a scheme to defraud a bank. According to information from the United States Attorney's office Eric Jason Sunsdahl admitted that on April 29, 2005 he used a fraudulent loan application to get a $100,000 home equity line of credit from Bremer Bank.Sunsdahl worked as a loan originator in Bremer Bank's Inver Grove Heights branch from 2004 through 2007. According to the U.S. Attorney's office he submitted several fraudulent loan applications during that time. The applications he submitted overstated the income of applicants, falsely verified deposits or concealed marital status. Sunsdahl then reportedly worked with an independent mortgage broker to disburse the money, including making payments to Sunsdahl himself.
Source:
Rosemount Town Pages
Posted in:
Internal Fraud