Loan Overpayment Trips Up Mortgage Fraud / Identity Theft Scammer

WRC-TV Channel 4 in Washington, D.C. reports:

• "A Fairfax County [Virginia] woman has pleaded guilty to stealing someone's identity to buy a house. Elizabeth Cabrera-Rivera was having trouble getting a mortgage. So when she happened to find Jose Lara's lost wallet, she used his identity to buy a $419,000 townhouse in Springfield. Cabrera-Rivera made the payments on time. In fact, she paid too much. Lara found out about it when he got a check in the mail for almost $2,800. The bank said it was an overpayment."

Source: Woman Uses Lost Wallet To Buy House (Stolen Identity Victim Gets Overpayment Check In Mail).

For the full story, see Stolen ID leads to mortgage fraud (Con-artist uses identification to buy a $419,000 house, with no money down) (The Washington Post - reported at MSNBC).