Dem Mayor Who Helped Sebelius Push Obamacare Charged With Fraud

A Democratic mayor who appeared alongside U.S. Health and Human Services Sec. Kathleen Sebelius earlier this year to promote Obamacare has been charged with wire fraud in connection with an $8 million mortgage scheme.

Lucie Tondreau, who has been marred by scandal since she was elected mayor of North Miami last year, will be charged in the conspiracy alongside three other suspects.

According to the indictment, between 2005 and 2008, Tondreau conspired with the president of a South Florida mortgage company to recruit straw borrowers to obtain mortgages.

Tondreau and the mortgage company president aired advertisements on a radio show that they hosted to help prop up the scheme, the indictment alleges. The duo “recruited and paid some of the listeners who responded to those advertisements, as well as other individuals, to pose as borrowers to purchase properties”.

The indictment also alleges that the co-conspirators fabricated HUD-1 Settlement forms which misrepresented that straw borrowers had made down payments and closing payments on homes.

The fraudulent loans were made for 20 properties.



Read more: http://dailycaller.com/2014/05/20/d...h-obamacare-charged-with-fraud/#ixzz36HShK1jP