Oklahoma Realtor, 4 Others Convicted In Mortgage Fraud Conspiracy

Edmond, Oklahoma Realtor Theresa Ann Campbell was sentenced Monday in an Oklahoma Federal Court (2 months in jail, 2 years probation, ordered to pay restitution - $52,490 at sentencing and a $4,000 fine) for conspiracy to commit wire fraud in connection with the sale of a home, according to The Edmond Sun. According to the criminal charge filed by Federal prosecutors, Campbell and others were charged with falsely causing the closing statement (HUD-1) to falsely reflect the source of the payment of closing costs, accomplishing this by inflating the purchase price of the home involved by $75,000 more than the price the home was listed in the Realtors' local Multiple Listing Service. In addition, the Oklahoma Real Estate Commission revoked Campbell’s real estate license and fined her $5,000 in March.

For the details of the criminal charge, see USA vs. Campbell.

In separate but related cases, four other individuals pleaded guilty and were convicted in this scheme. They were: Timothy J. McDaniel, of Edmond, Anthony Jew, (ordered to pay restitution - $449,409 at sentencing), also of Edmond, Dalton Joe Alford (8 months in prison, 2 years probation, ordered to pay restitution - $172,500 at sentencing), of Oklahoma City, and Toney Charles Mykel (6 monthes in prison, 1 year probation, ordered to pay restitution - $263,489 at sentencing), of Edmond. For more, see Realtor receives sentence.