Linda Kay Miller, Bank Fraud, Kansas 2014

Mortgage Fraud Lands Woman in Hot Water

A Wabaunsee County woman has been sentenced to pay the price for her role in a mortgage fraud scheme. Linda Kay Miller, 51, of Alma, Kan., was handed two years of federal probation and ordered to pay a $5,000 fine.

According to U.S. Attorney Barry Grissom, Miller pleaded guilty to one count of bank fraud. In her plea, she admitted to fraudulently submitting false documents to New Century Bank of Manhattan, Kan., in an effort to obtain a $200,000 mortgage loan.

Miller claimed that a $65,000 second mortgage on her home in Wabaunsee County had been paid in full. She filed the false documents with the Wabaunsee County Register of Deeds, in effect, putting her financial future at risk.

The scheme was uncovered through a joint effort between the Wabaunsee County Sheriff’s Department, the FBI, and Assistant U.S. Attorney Richard Hathaway. Grissom commended the team for their tireless work on the case.

While Miller’s scheme may have seemed like a quick fix, it has ultimately led to her downfall. Her actions have not only put her own financial stability at risk but also undermined the trust in the financial system.

As the Grimy Times continues to uncover the truth behind mortgage fraud, it is clear that those who engage in such schemes will face the full force of the law. Miller’s sentence serves as a reminder that the consequences of mortgage fraud are severe and far-reaching.

Stay tuned for more updates on this developing story and other cases of mortgage fraud in our region.

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