|Center Point Man Indicted for Bank Fraud|
|Local News Headlines|
|Written by Administrator|
|Thursday, 28 June 2012 09:55|
BIRMINGHAM – A federal grand jury today indicted a Center Point man for bank fraud in connection with a $61,000 mortgage loan scheme, announced U.S. Attorney Joyce White Vance and FBI Special Agent in Charge Patrick Maley.
An indictment filed in U.S. District Court charges JEFFERY DILLARD SQUARE, 50, with two counts of bank fraud. According to the indictment, in July 2006, Square engaged in a scheme to defraud Renasant Bank and Ohio Savings Bank of mortgage loan funds by causing false documents to be submitted in support of two mortgage loans – one from each bank. Square obtained a total of $61,000 from the two banks as a part of the scheme, according to the indictment.
If convicted, Square faces a maximum sentence of 30 years in prison and a $1 million fine for each count.
The FBI investigated the case, which is being prosecuted by Assistant U.S. Attorney Melissa K. Atwood.
Members of the public are reminded that an indictment contains only charges. A defendant is presumed innocent of the charges and it will be the government’s burden to prove a defendant’s guilt beyond a reasonable doubt at trial.
Birmingham Woman Indicted for Disaster Fraud
BIRMINGHAM – A federal grand jury indicted a Birmingham woman for fraudulently claiming disaster benefits following the April 27, 2011, tornadoes that struck North Alabama, announced U.S. Attorney Joyce White Vance, FBI Special Agent in Charge Patrick J. Maley, and Department of Homeland Security, Office of the Inspector General, Special Agent in Charge James E. Ward.
The three-count indictment filed in U.S. District Court charges CHARLOTTE H. BROWNING, 51, with making fraudulent representations to the Federal Emergency Management Agency in an application for disaster benefits concerning her place of residence on the day of the tornadoes. Browning falsely represented that she lived at a residence on First Avenue South in Birmingham that had been damaged by the storm. She also was charged with making a false statement to FEMA by presenting a false lease on the First Avenue South property in applying for disaster-benefits.
The indictment further charges Browning with mail fraud in connection with an $11,647 U.S. Treasury check mailed to her based on a false FEMA benefits application she filed in someone else’s name, without their knowledge, for a house on Lafayette Street in Birmingham. Neither Browning nor the person in whose name she filed for those disaster benefits lived at the Lafayette Street address, according to the indictment.
The maximum penalties for the charges Browning faces are: Disaster Fraud, 30 years in prison and a $250,000 fine; False Statement, five years in prison and a $250,000 fine; and Mail Fraud, 30 years in prison and a $1 million fine.
The FBI and DHS-OIG investigated the case.
Members of the public are reminded that the indictment contains only charges. A defendant is presumed innocent of the charges and it will be the government’s burden to prove a defendant’s guilt beyond a reasonable doubt at trial.