ORLANDO, Fla. - Blair pleaded guilty on May 15, 2024. As part of his sentence, the court also said that he has to forfeit $15,475, the proceeds of the charged criminal conduct. U.S. Attorney Gregory W. Kehoe made the announcement.
▶ LISTEN TO ORLANDO’S MORNING NEWS EXPRESS PODCAST ON WDBO
According to court documents, from as early as August 2020, and continuing through July 2021, in the Middle District of Florida and elsewhere, Blair and others came up with a scheme to defraud financial institutions by making false and fraudulent representations.
Blair’s role in the bank fraud scheme included preparing and submitting fictitious and fraudulent paystubs for his clients in the names of companies to show fabricated income from employers.
Blair also altered bank statements showing vastly overstated account balances.
This caused the mortgage lenders to approve and fund mortgage loans for otherwise unqualified borrowers in exchange for undisclosed payments to Blair from his clients.
Blair was sentenced by U.S. District Judge John L. Badalamenti.
This case was investigated by the Federal Housing Finance Agency – Office of Inspector General and the U.S. Department of Housing and Urban Development – Office of Inspector General.
The forfeiture is being handled by Assistant United States Attorney Blain Goff.
Click here to download our free news, weather and traffic app. And click here to subscribe to our daily 3 Big Things newsletter.