Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

 
 
 
Thursday, 02 May 2013 07:44

Man pleads guilty in mortgage audit scam

    ST. LOUIS (AP) - A California man has pleaded guilty to a federal charge stemming from a mortgage audit scam that authorities say bilked consumers out of more than $400,000.

   The St. Louis Post-Dispatch reports that 30-year-old Derek Thomas Doherty, of Irvine, Calif., owned and ran Home Safe Financial. He offered homeowners in Missouri and elsewhere an audit for $3,000 and a free loan modification. But Assistant U.S. Attorney Dianna Collins said in court that Doherty never completed an audit.

   Doherty started the business in St. Louis, moved to Overland Park, Kan., in May of 2010 and then merged with a California company in July of that year.

   Collins says consumers lost more than $400,000 to the scheme.

   Doherty could face 15 to 21 months in prison on the felony mail fraud charge.

 

 
Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next

Three gyms robbed within minutes of one another

St. Louis, MO (KTRS) - A spate of break-ins targeted south city gyms this morning.   Fox2 reports thieves hit at least three different gyms in less than a half an h...

UPDATE: Missing Belleville boy found safe

UPDATE: Missing Belleville boy found safe

St. Louis, MO (KTRS) - UPDATE: Good news for a Belleville father, his 11-year-old son has been found safe.   A SARAA Alert was issued Wednesday morning for DeA...

Universities examine bans of 'selfies' at graduations

St. Louis, MO (KTRS) - It may be coming to a college near you.......with graduation season upon us, bans on selfies are being suggested.   Two universities are the ...

Boeing offers buyouts to some St. Louis workers

Boeing offers buyouts to some St. Louis workers

(ST. LOUIS, AP) — The Boeing Co. is offering buyouts to some of its nonunion employees in the St. Louis region. The company on Tuesday sent an email to 12,000 workers an...

PRO-RUSSIAN INSURGENTS HOLD US JOURNALIST CAPTIVE

PRO-RUSSIAN INSURGENTS HOLD US JOURNALIST CAPTIVE

DONETSK, Ukraine (AP) — Pro-Russian gunmen in eastern Ukraine admitted on Wednesday that they are holding an American journalist, saying he was suspected of unspecified "bad act...

© 2013 KTRS All Rights Reserved