WatchIt's the usual Realtor® and loan broker criminality: finding warm bodies they can convince to fill in some forms to 'buy' homes so they can collect commissions and whatever else they can skim from the transaction.
Prosecutor's press release:
"Jason Dade, 37, of Chicago, a licensed real estate agent and the owner of Round Table Enterprises Inc ., was charged with two counts of bank fraud, two counts of mail fraud, and one count of wire fraud. Cheryl Ware, 47, of Shorewood, a licensed loan originator, was charged with one count each of wire fraud and mail fraud. Tiffini Chism, 36, of Glenwood, also a licensed loan originator, was charged with two counts of bank fraud, and Tamika Peters, 34, of Country Club Hills, was charged with one count each of wire fraud and mail fraud."
The best part:
"Each count of bank fraud, as well as wire fraud and mail fraud affecting a financial institution, carries a maximum penalty of 30 years in prison and a $1 million fine, and restitution is mandatory."
Pat.Net should have a bus tour to visit Realtor®s in prison. Maybe bring some victims along to shriek at them and encourage them to kill themselves. The drama would be cable-pay-per-view ready.