A federal grand jury in Oakland, Calif., has indicted the promoters of a national mortgage-elimination scheme on a series of charges, including mail fraud, bank fraud and conspiracy to commit wire fraud, mail fraud and bank fraud, the U.S. Attorney's Office for the Northern District of California and the FBI announced this week. The 46-count indictment against Dale Scott Heineman, 45, of Union City, Calif., and Kurt F. Johnson, 42, of Sunnyvale, Calif., could mean a maximum penalty of millions of dollars in fines and life in prison for the duo, if they are found guilty. (Inman News earlier this year reported a three-part series on Heineman and Johnson's operation. Click here to read Part 1, Part 2 and Part 3.) In a statement Thursday, the U.S. Attorney's Office announced that the charges...
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