Fla. FBI Agent and Cops on Trial for Mortgage Fraud

By Allan Lengel
ticklethewire.com

Trial began Tuesday in Ft. Lauderdale federal court for an FBI agent along with four local Florida cops and a former officer, who face charges of mortgage fraud involving the purchase of properties in Broward and Palm Beach counties, the Ft. Lauderdale Sun Sentinel reported.

The paper reported that the six are accused of lying to lenders about things like income or whether the homes would be primary residences.

The paper reported that the defendants attorneys claim their clients were victims, and they had no idea the two mortgage brokers working with them submitted false information and forged signatures on hundreds of lending documents so they could make more money off the deals.

The paper reported that the mortgage brokers have cut deals with the feds and intend to testify in court.

The FBI agent, Robert DePriest, has been removed from all investigative duties with the FBI, the paper reported.

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