Seattle Mortgage Broker Gets 18 Months In Money Laundering Conspiracy

In Washington State, The Seattle Times reports:

• "A Seattle mortgage broker was sentenced to 18 months in federal prison Tuesday for forging documents that helped several convicted drug dealers buy homes and property with drug money. Todd Love, 50, pleaded guilty last year to conspiracy to engage in money laundering."

Among Love's alleged escapades were: (1) forging a $190,000 gift letter, (2) creating CPA firm letter stating that one convicted drug dealer was a property manager who hired the firm to do his taxes, (3) falsifying employment records for another convicted dealer, (4) using $50,000 of several hundred thousand dollars a third dealer gave him to invest in real estate.

For more, see Mortgage broker sentenced in money-laundering case.