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Angel Jackson Charged with Conspiracy to Commit Bank Fraud
Tampa, FL – A local woman is facing serious charges after allegedly participating in a mortgage fraud scheme that targeted financial institutions in the area.
According to court documents, Angel Jackson, 44, of Astatula, conspired with others to create and execute a mortgage fraud scheme. The indictment alleges that Jackson and her co-conspirators created fictitious and fraudulent paystubs, altered legitimate Social Security benefit letters, and altered bank statements to show falsely inflated account balances.
The scheme was designed to ensure that otherwise unqualified borrowers obtained mortgage loans from financial institutions. Based on Jackson’s and her co-conspirators’ misrepresentations, the financial institutions approved and funded the mortgage loans.
An indictment is merely a formal charge that a defendant has committed one or more violations of federal criminal law. Every defendant is presumed innocent unless, and until, proven guilty.
The case was investigated by the Federal Housing Finance Agency – Office of Inspector General and the U.S. Department of Housing and Urban Development – Office of Inspector General. It will be prosecuted by Special Assistant United States Attorney Chris Poor.
Jackson faces a maximum penalty of 30 years in federal prison if convicted of the charge.
The indictment serves as a reminder of the importance of vigilance in the financial industry and the devastating consequences of mortgage fraud schemes.
Key Facts
- State: Florida
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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