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TAMPA — The U.S. Attorney's office in Tampa charged four individuals in a mortgage fraud conspiracy case regarding $1.85 million in properties.
The indictment was unsealed yesterday by the U.S. Attorney's office of the Middle District. It charges Jesus Sira, 32, Nestor Urdaneta, 29, Maria Urdaneta, 32 and Vanessa Urdaneta, 28, each with one count of conspiracy to commit mail and wire fraud. The indictment includes eight other charges, according to a U.S. Attorney's office release. The release states Nestor and Vanessa Urdaneta, husband and wife, live in Tampa. So does Maria Urdaneta. Sira's location is unknown.
The U.S. Attorney's office contends the four conspirators entered into agreements to purchase properties for amounts in excess of the original asking price.
“The conspirators then inserted false and fraudulent information about the various conspirator-purchasers on mortgage loan applications, or Fannie Mae Form 1003s, which were submitted in support of the loan requests,” the release states. “Upon the closing of each sale transaction, the conspirators used a portion of the inflated loan proceeds to pay the seller the original asking price for the property.”
The conspirators then split the leftover funds from the alleged fraudulent transactions, money that totaled $1,848,750, according to the indictment release.
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