North Miami Mayor Charged With Wire Fraud and Mortgage Fraud
May 21, 2014
The Palm Beach Post is reporting that North Miami Mayor, Lucie Tondreau, has been charged with mortgage fraud and wire fraud.
The federal indictment that was unsealed yesterday, alleges that Tondreau used a radio show to recruit straw buyers, who were used to defraud lenders in buying 20 properties. It is estimated that the fraud scheme involved over $8 million of funds. According to Federal Prosecutors, the crimes took place before Tondreau was elected mayor, in June 2013. Lately, the Miami Dade County Fraud Attorneys at Whittel & Melton have noticed a trend of the Department of Justice using wire fraud charges in conjunction with the prosecution of RICO, money laundering and mortgage fraud because wire fraud is the easiest crime for an AUSA to prosecute. Many times, the sentencing range for a conviction for wire fraud will exceed the sentence available these other offenses. Having a seasoned white collar crime attorney representing your interest in paramount-even you are just being investigated for a crime. The wire fraud attorneys at Whittel & Melton can help you navigate this confusing process and many times, can even prevent charges from being filed. CALL US TODAY: LOCAL (561) 367-8777 OR STATEWIDE, TOLL FREE: (866) 608-5529.