Wednesday, August 15, 2007

Ex K.C. Councilwoman Testifies In Her Own Defense In Mortgage Fraud Trial

(revised 8-15-07 - 7:06 pm; 8-16-07)
In Missouri, The Kansas City Star reports:
  • "Former Kansas City Councilwoman Saundra McFadden-Weaver testified today that she never knowingly misrepresented information on loan documents she signed in 2005. McFadden-Weaver, on trial for mortgage fraud, said she never read the documents and “absolutely, completely” depended on the assurances of mortgage broker Ricky L. Hamilton that the deal was proper. [...] McFadden-Weaver was indicted on mortgage fraud charges in January and is accused of falsely stating in mortgage papers that she planned to live in a Lee’s Summit home."

For more, see McFadden-Weaver: ‘I never intended to defraud anybody’

For other recent articles & posts on this mortgage fraud case, see:

Saturday, August 11, 2007

Ex KC Councilwoman Going Solo At Federal Fraud Trial

(revised 8-15-07)
The Kansas City Star reports:
  • "Former Kansas City Councilwoman Saundra McFadden-Weaver will be the lone defendant facing trial next week on mortgage fraud charges. Her last remaining co-defendant, Emanuel M. Kind, pleaded guilty today and agreed to cooperate with prosecutors in the case against her. Kind, 52, had lived in the Lee’s Summit house at the center of the case. He pleaded guilty to single counts of conspiracy and wire fraud. Another defendant, Ricky L. Hamilton, pleaded guilty to similar charges Tuesday and also agreed to cooperate against McFadden-Weaver."

For more, see Last McFadden-Weaver co-defendant pleads guilty in fraud case.

Go here for other posts on this mortgage fraud case.

Thursday, August 16, 2007

Missouri Federal Jury Convicts Ex K.C. Councilwoman Of Mortgage Fraud

The Kansas City Star reports:
  • "A federal jury convicted former Kansas City Councilwoman Saundra McFadden-Weaver today on mortgage fraud charges, finding that she intentionally misrepresented information on loan applications for a Lee’s Summit house."

For more, see McFadden-Weaver guilty on all counts. For a prior post on this case, see Ex K.C. Councilwoman Testifies In Her Own Defense In Mortgage Fraud Trial.