Indiana Man Charged In $1 Million Mortgage Fraud

Jason Keigley of First Place Mortgage in Indianapolis, Indiana was charged in 12 counts of theft and violations of the Indiana Securities Act in connection with an alleged a $1 million mortgage fraud scheme. Charges against Keigley center on deals involving two properties in which he is alleged to have misled sellers and buyers, brokering loans in their names without their knowledge and without a proper license. The office of the Indiana Secretary of State investigated the case. For more, see:

• Man Arrested in $1M Mortgage Fraud Scheme, reported by WISH-TV Channel 8 - Indianapolis (link no longer available online),
• Loan broker faces charges tied to $1M in foreclosures, reported by The Indianapolis Star,
• Click here for Channel 8 Video (link no longer available online).

For story update, see The Indianapolis Star: Ex-broker convicted in loan fraud case (2-20-08).