Minnesota Closing Agent Gets 24 Months For Preparing Phony Closing Docs In 60+ Real Estate Deals

(original post 1-10-08; revised 1-11-08)
In Minnesota, the Prior Lake American reports:

• Jill Lehn of Prior Lake was sentenced to 24 months in prison in Federal Court on Thursday afternoon, according to an IRS Criminal Investigation spokesperson. Lehn, a former mortgage loan closing agent and real-estate purchaser, pleaded guilty to federal fraud charges relating to a mortgage pay-out scheme on Dec. 20. Lehn pleaded guilty to one count of wire fraud and one count of money laundering before U.S. District judge Michael J. Davis. Court documents prepared between December 2004 and August 2006 state that Lehn prepared fraudulent closing documents relating to over 60 real-estate transactions.

For more, see Lehn sentenced to serve two years in prison for role in LHS mortgage-fraud case.

See also, the Minneapolis Star Tribune: Two more people convicted of a fraud scheme run through LHS Mortgage in Burnsville were sentenced this week in a St. Paul federal court - Also reports that another member of the scheme, Isadore Stewart, 40, of Stillwater, was sentenced Wednesday to 18 months in prison and three years of supervised release.

For a four page article by Jill Lehn in which she urges others in the real estate business not to make the same mistakes she made, see Tips On How To Ruin Your Life, by Jill Lehn.

Go here for earlier posts related to Jill Lehn and this mortgage fraud case.