Another Kansas City politician indicted on mortgage fraud charges

Woman allegedly agreed to false sales price

Inman News

The elected official who ran Jackson County, Mo., for more than a decade and her husband were among 11 people indicted by a federal grand jury Thursday for their roles in an alleged mortgage fraud scheme.

Katheryn J. Shields, 60, and her husband Phillip F. Cardarella, 59, both of Kansas City, deny participating in a scheme to fraudulently inflate the purchase price of a home they were attempting to sell in order to generate additional loan proceeds.

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