REAL ESTATE AGENTS ARRESTED FOR LOAN FRAUD AND FORGERY Real estate agents MICHELE ST ONGE was arrested Tuesday, October 16, 2018, for loan fraud in connection with the sale of two homes. The agent was charged with two counts of grand theft, and with two counts of forgery. ST ONGE was booked into York county jail in lieu of $200,000 bail. ST ONGE is a broker/agent for Getty Real Estate Services, Llc.
The charges allege that in July 2018, St Onge showed her clients—a married couple, who speak Spanish but not English—a home in Wells that the couple decided to buy. St. Onge arranged for a $294,000 mortgage by submitting a loan application that falsely represented the couple’s income. St Onge also submitted a forged letter purporting to be from his accountant verifying the income information.
In late September 2018, after all the paperwork had been signed but before escrow closed, the couple returned to the home and learned that it was not for sale, but that the sale was actually for a home nearby with a similar address.
St Onge promised to correct the problem and convinced the couple to let the sale go through. Within days, St Onge found them a second home to buy. Reyes arranged for another mortgage, for $262,000, by submitting another false application and forged letter to the lender. For both sales, St Onge earned over $25,000 in commissions and fees.
The investigation was conducted by the District Attorney’s Real Estate Fraud Unit after the victims learned, a year later, that the first sale had not been corrected and that they were still responsible for its mortgage. If convicted, St Onge faces up to three years and eight months in state prison.
Getty Real Estate Services Reviews
REAL ESTATE AGENTS ARRESTED FOR LOAN FRAUD AND FORGERY Real estate agents MICHELE ST ONGE was arrested Tuesday, October 16, 2018, for loan fraud in connection with the sale of two homes. The agent was charged with two counts of grand theft, and with two counts of forgery. ST ONGE was booked into York county jail in lieu of $200,000 bail. ST ONGE is a broker/agent for Getty Real Estate Services, Llc.
The charges allege that in July 2018, St Onge showed her clients—a married couple, who speak Spanish but not English—a home in Wells that the couple decided to buy. St. Onge arranged for a $294,000 mortgage by submitting a loan application that falsely represented the couple’s income. St Onge also submitted a forged letter purporting to be from his accountant verifying the income information.
In late September 2018, after all the paperwork had been signed but before escrow closed, the couple returned to the home and learned that it was not for sale, but that the sale was actually for a home nearby with a similar address.
St Onge promised to correct the problem and convinced the couple to let the sale go through. Within days, St Onge found them a second home to buy. Reyes arranged for another mortgage, for $262,000, by submitting another false application and forged letter to the lender. For both sales, St Onge earned over $25,000 in commissions and fees.
The investigation was conducted by the District Attorney’s Real Estate Fraud Unit after the victims learned, a year later, that the first sale had not been corrected and that they were still responsible for its mortgage. If convicted, St Onge faces up to three years and eight months in state prison.