A Georgia attorney has pleaded guilty in U.S. District federal court to charges related to a mortgage fraud scheme. Swain Alvin Lewis, an attorney in Dublin, Ga., entered a guilty plea to a charge of misprision (concealment) of a felony in connection with a scheme to defraud a mortgage lender, according to the U.S. Attorney's Office in Savannah. Lewis pled to a charge that, from August 2003 to September 2003, he knowingly concealed a scheme by a mortgage broker and others to defraud a mortgage lender, the U.S. Attorney's Office said in a statement. Those involved in the scheme falsely represented that the people applying for loans with the lender were seeking to refinance rather than obtain original purchase loans. By characterizing the loans this way, the U.S...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.