Ex-SC mortgage broker sought in fraud probe
Thu, 05 Apr 2012 13:56:25 GMT —
A federal judge has issued an arrest warrant for a former Myrtle Beach mortgage broker accused of playing a role in a widespread mortgage fraud scheme that cost banks millions of dollars.
The Sun News of Myrtle Beach reports that a federal magistrate has issued the warrant for Jeremy Eason's arrest.
Eason has been indicted on felony charges of conspiracy to commit bank fraud. Prosecutors say he prepared and submitted fraudulent loan documents in 2008, overstating the value of homes and misleading banks about applicants' creditworthiness.
Prosecutors say at least three other people have given them information on Eason and pleaded guilty to similar crimes.
If convicted, Eason could face up to 30 years in prison and a $1 million fine. It wasn't known if he had an attorney.