Gerogia Man Pleads Guilty In Cash Back Scheme

In Georgia, The Augusta Chronicle reports:

• An Evans man who tried his hand at real estate admitted Tuesday morning that he played a role in a mortgage fraud scheme. Daniel Goodwin, 42, pleaded guilty in U.S. District Court, less than 24 hours after he tried to minimize his participation in a scheme to defraud mortgage brokers.

Goodwin participated in a scheme where, in the purchase of two properties, a co-participant in the deals, Marilyn Swan, was paid about $34,400 off the top for maintenance, management and repairs - services never provided. She then kicked back about $25,300 of that to Goodwin, according to the testimony of an FBI agent.

Swan pleaded guilty this summer to misprision of a felony - knowing mortgage fraud was occurring and helping to hide it. For more, see Man pleads guilty in real estate scam.