Feds: Mortgage fraud ring nets $623,000 in bad loans | Crime
An Atlanta woman faces federal charges, accused of providing false financial information for home buyers in Alabama.
Federal Investigators say Melneka Parker operated a business in Huntsville called Elite Business Services. The business opened in 2008.
Investigators say the fraudulent mortgages totaled more than $623,000.
Parker is charged with three counts of aiding and abetting others in the making of false statements on mortgage loans applications.
According to federal investigators Parker was part of a larger mortgage fraud ring. Agents say she submitted false payroll and income information to financial institutions so her clients would be eligible for mortgages.
Gloria Allen and Crystal Douglas, both of Huntsville, also face charges in this investigation.