Tyler Woman Guilty of Mortgage-Related Fraud

TYLER, TX—U.S. Attorney John M. Bales announced today that a 47-year-old Tyler, Texas woman has pleaded guilty to mortgage-related fraud in the Eastern District of Texas. 

TAHMEANE ELROD pleaded guilty to conspiracy to commit wire fraud today before U.S. Magistrate Judge John D. Love.

According to information presented in court, in September 2007, Elrod devised a scheme to defraud mortgage financing companies by submitting false documents in order to qualify for mortgages for the purchase of a residential property. Elrod falsely inflated levels of earned income and forged signatures on a Request for Verification of Employment form as part of a loan application package. A federal grand jury returned an indictment on May 6, 2009, charging Elrod with conspiracy to commit wire fraud. 

Elrod faces up to five years in federal prison at sentencing. A sentencing date has not yet been set.

This case is being investigated by the Federal Bureau of Investigation and prosecuted by Assistant U.S. Attorney Frank Coan.

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