Tuesday, July 22, 2008

NJ Woman Charged With Forgery In Alleged Taking Of Property Co-Owned With Brother, Then Pocketing Refinance Proceeds

In Stafford Township, New Jersey, the Press of Atlantic City reports:
  • A 50-year-old township woman was charged with forgery, theft and fraud after, police said, she forged a deed transfer for a property into her name and then took out a loan against the property.

  • Kathleen Turak was arrested Friday after police discovered that she forged a deed transfer document to transfer a portion of a home she co-owned with her brother entirely into her name, for $1, without her brother's permission, according to police. Turak then took out a loan against the property worth $145,000, police said. After a brief investigation, Turak's accounts at the Wachovia bank on Route 72 were frozen, and she was later arrested outside her home.

Source: Stafford Township woman accused of taking part of property from brother.

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