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Mortgage Approved on Dead Borrower
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December 3, 2008
No one bothered to verify the identity of a man who conspired with a straw buyer to obtain a $533,000 mortgage from Wells Fargo bank in New York. The identity belonged to a man who had been dead exactly 19 years to the date of the closing.
Eugene Thomas’s identity was stolen, as well as the identity of the purchaser, Tolessi Enyonam, and the scammer has since run off with the proceeds of the mortgage. The real Enyonom is dealing with ruined credit and the bank is foreclosing against Eugene Thomas’s widow, Dorothy, who has lived in the home for 30 years.
Willie Thomas, who played the role of Eugene was paid $1,000 and has been charged with grand larceny. The identity of “Enyonam” is unknown. Others involved in the scam include an accountant, a city clerk and a disbarred lawyer. They were connected to two other cases totaling $1.4 million worth of mortgage fraud.
Read story at The New York Daily News
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