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2 indicted in mortgage scheme

Capital Gazette Communications
Published 12/11/09

In a widening crackdown on mortgage fraud, a federal grand jury this week indicted two Annapolis-area loan officers for a scheme that allegedly victimized homeowners facing foreclosure.

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James William Fox II, 39, of Crofton, and James Hooper Dan, 45, of Annapolis were indicted this week in a mortgage-fraud scheme, officials announced yesterday. The two could face 40 years in prison if they are found guilty.

According to the indictment, the two were loan officers employed at Charm City Investment Group LLC in Annapolis. From April 2006 to February 2009, the two allegedly identified victims who were unable to make the mortgage...

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Report Abuse or Vote In order to allow the user community the ability to collectively rank the value of comments posted on the Capital Gazette websites we have implemented a thumbs-up/down system. All logged-in users may participate by voting up/down each comment. If others vote on your comment, your individual score will go up/down depending on the votes. Initially, everyone starts with a score of zero, and must earn credits to have significant voting weight. Individuals with higher scores will have more voting weight.    0 1

Greed - 2009-12-14 12:43:59

People are always scheming and trying to figure out ways to con people out of their money. I guess the old fashion way and working for a living it too hard for some.

unhide Comment hidden due to low ranking. Why is this comment hidden?

R Marshall - Laurel, Md - Karma: Excellent


Report Abuse or Vote In order to allow the user community the ability to collectively rank the value of comments posted on the Capital Gazette websites we have implemented a thumbs-up/down system. All logged-in users may participate by voting up/down each comment. If others vote on your comment, your individual score will go up/down depending on the votes. Initially, everyone starts with a score of zero, and must earn credits to have significant voting weight. Individuals with higher scores will have more voting weight.    0 1

Not the brighest bulbs - 2009-12-11 16:46:00

Taking advantage of people desparately trying to keep their homes is prettry low. I am more concerned about the families defrauded. These two, in the prime of their economic lives, will understand the depth of their actions. Apparently not too bright, did they really 'think' the mortgages were going disappear? The mortgage broker, for whom they worked, is legally liable. The broker should have been monitoring his business.

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harry trampolini - severna park, MD - Karma: Excellent


Report Abuse or Vote In order to allow the user community the ability to collectively rank the value of comments posted on the Capital Gazette websites we have implemented a thumbs-up/down system. All logged-in users may participate by voting up/down each comment. If others vote on your comment, your individual score will go up/down depending on the votes. Initially, everyone starts with a score of zero, and must earn credits to have significant voting weight. Individuals with higher scores will have more voting weight.    0 0

crooks....... - 2009-12-11 12:39:09

these guys need 20 years each...they are scum !!!!!

unhide Comment hidden due to low ranking. Why is this comment hidden?

stanley davis - mayo, md - Karma: Terrible

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