Three Denver people have been indicted by a Grand Jury on suspicion of running an elaborate mortgage-fraud scheme using the business name Blackhawk Property Management.
According to the 23-count indictment, Marcus Williams, Kimberly Anderson and Scott Peters diverted money from home sellers to their company, which functioned as a shell corporation. During the deals, the suspects allegedly falsified loan applications to deceive lenders, used false inspections to divert money into the company’s coffers and manipulated closing documents to skim money from real estate purchases.
The indictment says the three people engaged in mortgage fraud from April 2006 to September 2008. Each defendant faces at least three felony charges, and Williams is suspected of violating the Colorado Organized Crime Control Act, a class-two felony.
Attorney General John Suthers will prosecute Williams, Anderson and Peters in Denver County District Court.