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Raleigh mortgage broker pleads guilty to fraud

January 12, 2010
Total Loss: Unknown
A Raleigh woman has pled guilty in federal court to wire fraud and conspiring to commit mail fraud, wire fraud and bank fraud, according to a statement released by the U.S. Attorney's Office for the Eastern District of North Carolina. Mary Rose Wright, 43, made the plea Jan. 8 before U.S. Magistrate Judge David W. Daniel. In a written statement, the U.S. Attorney's office says that from August 2006 to November 2006, Wright, working as a mortgage broker for Fairway Mortgage, worked with others to defraud various financial institutions through the submission of false and fictitious mortgage loan applications.
Source: Triangle Business Journal
Posted in: Internal Fraud
Tags: mortgageloan