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April 6, 2009
An Oregon man used his accounting and tax preparation knowledge to defraud two mortgage lenders of over $750,000, according to an indictment forwarded to FraudBlogger.com from the Federal Bureau of Investigation. The arraignment was April 1.{Case no. CR 09-114 RE}
The United State District Court of Oregon charges Morton Daniel Bohn of falsely inflating his income in order to secure mortgage loans from Countrywide and Silver Falls Bank. Bohn, a certified public accountant and tax preparer allegedly submitted fake income tax returns and lied about his monthly income to qualify for a cash-out refinance from Countrywide in the amount of $283,200.
About three years later, Bohn once again allegedly submitted false information to obtain a $480,000 construction loan from Silver Falls. If convicted, prosecutors are requesting that Bohn forfeit the property obtained from the fraud scheme.
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