North Texan woman gets prison over mortgage fraud - Dallas News | myFOXdfw.com

North Texan woman gets prison over mortgage fraud

DALLAS (AP) - Prosecutors say a North Texas woman who held seminars on how to commit mortgage fraud must serve more than five years in prison and repay $2.8 million.

A federal judge in Dallas on Thursday sentenced 50-year-old Patience Lavon Jackson of Arlington. Jackson in October pleaded guilty to conspiracy to commit mail and wire fraud.

Investigators say Jackson helped line up buyers to submit fake invoices and secure home mortgages or loans for residential improvements. Investigators say Jackson since 2007 portrayed herself as being in the real estate business and offered seminars at her house. She received payments from some of the illegal proceeds.

Prosecutors say in some cases Jackson helped process documents for people she never met or had advised on getting mortgages and then not repaying the loans.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices