Homepage / Phoenix News
E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters

| More


Man Pleads Guilty In Mortgage Scheme

POSTED: 6:35 pm MST November 10, 2009

Authorities say a Mesa man has pleaded guilty for his role in a mortgage fraud scheme.

Federal prosecutors say 33-year-old Jeffrey Todd Crandell pleaded guilty Monday to six counts of bank fraud and is scheduled to be sentenced Feb. 22.

Authorities say Crandell obtained the rights to various parcels of real estate in Queen Creek in 2005.

They say Crandell obscured his interest in those properties by placing them in the name of his brother-in-law.

Crandell also acted as the mortgage broker for each transaction, prepared fraudulent loan applications for the buyers and the properties eventually went into foreclosure.

He was arrested and indicted in the case in June 2008.

Links We Like

Sponsored Content
Employers generally have options when it comes to hiring. Makes sure you present yourself as professionally as possible, or else. More

You can pick your friends, but not your family -- or your neighbors. Here's what you need to know about how to deal with yours. More

Are you often tired or rushed in the morning? Give your morning habits a makeover, and start the day feeling positive and energetic instead. More

Do you want the look of a quality paint job without the hassle of having to redo it over and over? Spray on siding could be the answer. More

Sponsored Links

Auto Reviews & Tips