Missouri mother, son indicted in real estate fraud scheme

Bogus loans said to top $5 million

A Missouri mother and son were indicted Tuesday in connection with an alleged mortgage fraud scheme that resulted in 23 fraudulent loans totaling more than $5 million.

Eric Kendall Taylor, 35 of Lee’s Summit, Mo., and his mother, Doris Taylor, 58, Kansas City, Mo., were indicted in the United States District Court for the Western District of Missouri on April 4.

The two are alleged in the indictment to have operated a mortgage fraud scheme in Kansas City and Lee’s Summit, Missouri from the summer of 1999 through September 23, 2005.