BIRMINGHAM, AL (WBRC) - A federal grand jury Wednesday indicted a Bessemer woman with bank fraud and aiding others to make false statements on a mortgage loan application.
U.S. Attorney Joyce White Vance, in a statement to FOX6 News, said Tamiko Jacques Davis, 42, was charged with bank fraud and aiding and abetting false statements.
Vance said, according to the indictment, the bank fraud and the aiding and abetting false statements to a financial institution were carried out as follows: Between October 2007 and December 2009, Davis worked as a clerk of Cooper Green Mercy Hospital and created fraudulent letters which substantiated other people's claims that they suffered from a physical disability. The letters were used to support fraudulent claims by loan applicants that they were receiving monthly disability payments from the Social Security Administration. The letters directly assisted the loan applicants in obtaining mortgage loans that they would otherwise have been unable to obtain from financial institutions.
Vance said if convicted, the maximum sentence for each count is 30 years in prison and a $1 million fine.
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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