Boston Feds Pinch Homeowner For Alleged Fraud In Obtaining Five Home Loans On Her Residence, Then Recording Phony Lien Satisfactions For Each One, Creating The False Appearance That Earlier Loans Had Been Fully Paid

From the Office of the U.S. Attorney (Boston, Massachusetts):

• A Hingham woman was charged in U.S. District Court in Boston [] with defrauding mortgage companies in connection with multiple mortgages she obtained on a single residence.
  
  Denise Bruce, 56, was indicted on five counts of bank fraud.
  
  According to the indictment, between 2004 and 2008, Bruce fraudulently obtained five mortgage loans from different banks in amounts ranging from $325,000 to $487,500 on her Hingham property by submitting false information regarding her employment history, income, assets, and debt.
  
  The indictment also alleges that Bruce filed fraudulent discharges of mortgages with the Plymouth County Registry of Deeds to create the appearance that earlier loans had been paid in full, when in fact, none of the loans had been paid.

Source: Hingham Woman Charged with Mortgage Fraud.