Two women indicted for fake disability claims

BIRMINGHAM, AL (WBRC) - A federal grand jury Wednesday indicted two women on charges of falsely claiming disability payments on mortgage applications.

U.S. Attorney Joyce White Vance, in a statement to FOX6 News, said Shaquinta Reanne Gates, 29, of Birmingham, and Silvia D. McBride, 27, of Bessemer, were each charged with mail fraud and making false statements on a mortgage application to a financial institution.

Vance said both women are charged with falsely claiming to receive monthly Social Security Administration disability payments on loan applications they mailed to Wells Fargo. Gates applied for a mortgage loan in February 2007, and McBride in November 2007, according to their indictments. Neither woman would have been eligible to receive loans to buy houses if they had reported their true incomes on the mortgage applications, the indictments say.

Vance said if convicted, the maximum sentence for each count in the indictments is 30 years in prison and a $1 million fine. The indictments also seek forfeiture of the loan amounts fraudulently obtained - $74,100 from Gates and $71,000 from McBride.
Vance said this prosecution is part of President Barack Obama's Financial Fraud Enforcement Task Force. Vance said President Obama established the inter-agency task force to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes.  

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