Related Federal Cases
Woman Pleads Guilty to $1.5M Mail, Wire Fraud
A Madison County, Virginia woman has pleaded guilty to mail and wire fraud charges related to a scheme in which she stole at least $1.5 million from victims.
Christine F. Anderson, 51, of Reva, Va., owned and operated the publishing companies known as Christine F. Anderson Publishing and Media (CFA) and Sage Wisdom.
Anderson took money from book authors but later failed to pay the authors their royalties as owed and did not provide products and services as negotiated.
She often falsely claimed to have been diagnosed with cancer to delay payment to the book authors, while also purporting to maintain vast wealth, and connections to celebrities.
Anderson made elaborate excuses for the delay, including being busy working with the White House on the State of the Union.
Anderson also admitted to orchestrating a real estate scheme where she signed contracts for expensive real estate, provided false proof of funds, and then was unable to provide the earnest money deposits.
She used her false interest in the expensive real estate to prove to her victims that she was able to pay back the loans, but never did.
The total actual loss to victims is between $1.5 and $3.5 million.
Anderson pleaded guilty to three counts of mail fraud and eight counts of wire fraud and faces up to 20 years imprisonment on each count.
A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.
Assistant U.S. Attorney Kate Rumsey and Madison County Deputy Commonwealth’s Attorney Wade Gelbert are prosecuting the case.
If you believe you are a victim of fraud or have information about the allegations in this case, please contact the FBI in Charlottesville at 434-293-9663.
Key Facts
- State: Virginia
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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