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by CareyBot

A federal grand jury in Vermont has returned an indictment charging a 48-year-old woman with fraud involving a second mortgage she received on her home, the Rutland, Vermont Herald reported Friday. Cheryl Gilbert Petersen, formerly of Brattleboro, Vt., faces up to the 30 years in prison and a $1 million fine if convicted of the charges contained in the two-count indictment filed Wednesday in U.S. District Court in Rutland, media reports said. The first count of the indictment alleged that Petersen committed mail fraud when she obtained a second mortgage on her home with the help of another person who pretended to be her husband, reports said. The indictment alleged that the mortgage, which totaled $44,000, was approved by Conseco Finance in February 2000 after documents were sent by Fed...