Crime & Safety
Cleveland Heights Man Indicted on Mortgage Scheme
David Richards, 49, is one of a dozen accused of using fraudulent information to obtain more than $6 million in mortgage loans
Solon Patch has reported that a Cleveland Heights man is one of a dozen people indicted last week by a grand jury and accused of being involved in a mortgage fraud scheme.
David Richards, 49, and the others were charged with conspiracy to commit mail fraud, mail fraud and money laundering, according to the article in Solon Patch.Â
The 27 properties involved are mostly in Cleveland and Solon, and were purchased between March 2004 and June 2006.
Find out what's happening in Cleveland Heightsfor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.