A Hingham woman was sentenced to two years in prison for defrauding mortgage companies in connection with multiple mortgages she obtained on a single residence.
Denise Bruce, 56, was sentenced by U.S. District Court Senior Judge Douglas P. Woodlock to two years in prison, five years of supervised release and restitution of $2,810,497.
In May 2016, Bruce pleaded guilty to five counts of bank fraud.
Between 2004 and 2008, Bruce fraudulently obtained five mortgage loans from different banks in amounts ranging from $325,000 to $487,500 on her Hingham property by submitting false information regarding her employment history, income, assets, and debt.
Bruce also filed fraudulent discharges of mortgages with the Plymouth County Registry of Deeds to create the appearance that earlier loans had been paid in full, when in fact, none of the loans had been paid.
In total, Bruce obtained $2,129,000 in proceeds from her fraudulent loans.
The case was prosecuted by Assistant U.S. Attorney Victor A. Wild of U.S. Attorney Carmen M. Ortiz’s Economic Crimes Unit.
Related Federal Cases
- Luciano Schipelliti, Wire Fraud, Massachusetts 2021 · Mississippi
- Luciano Schipelliti, Wire Fraud, Massachusetts 2023 · Ohio
- Viviane Cazeau, Bank Fraud Scheme, Massachusetts, 2023 · Florida
- Daniel Thibeault, Securities Fraud, Massachusetts 2023 · Washington
- James Dunham, Mail and Wire Fraud, Massachusetts 2023 · Washington
Key Facts
- State: Massachusetts
- Category: White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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