Elk Grove Cop Charged With Lying On Mortgage Applications; Brother, Sister-In-Law Accused Of Pocketing $200K In Separate Refinancing Scheme

In Elk Grove, California, KXTV Channel 10 reports:

• An Elk Grove police officer has been charged by federal authorities for allegedly lying on mortgage loan applications to buy two homes that later went into foreclosure. Hidayatullah Ali Khalil, 29, was arrested Thursday by the FBI on a three-count complaint and made an initial appearance in Sacramento federal court before being released on a $75,000 unsecured bond.

***

• According to the complaint, Khalil pulled more than $100,000 in cash out of the Elk Grove house in two separate transactions. Property records show both homes were sold at auction last year. [...] The FBI said its investigation into Khalil was continuing, with possibly more searches and arrests to come.

• Khalil's brother and sister-in-law also made an intial federal court appearance Thursday for their role in an alleged equity-stripping scheme involving a house in El Dorado Hills that later went into foreclosure. They, too, were released on bond. IRS criminal investigator Christopher Fitzpatrick said Amanullah and Muzdha Khalil lied on a refinancing application to pull nearly $200,000 in cash out of the house [...].

For the story, see Elk Grove Cop Charged with Mortgage Fraud.

Thanks to Tim McDaniel for the heads-up on this story.