Brimfield Man Pleads Guilty To Mortgage Fraud
BOSTON - A former Brimfield man was convicted today in U.S. District Court in Springfield of falsifying information on a loan application.
Jeffrey Dodge, 53, pleaded guilty before U.S. District Judge Michael A. Ponsor to bank fraud and false statement on a loan application.
Between June 2006 and November 2006, Dodge supplied false information and false documents to Bank of America while applying for a government-guaranteed mortgage loan. Dodge falsely stated that he had not been foreclosed upon when in fact he had, just months earlier, after defaulting on another government mortgage loan.
Sentencing is scheduled for May 14, 2013. The maximum sentence under the statutes is 30 years in prison, followed by five years of supervised release and a $1 million fine on each count.
The case was investigated by the U.S. Department of Housing and Urban Development, Office of the Inspector General. It is being prosecuted by Assistant U.S. Attorneys Alex J. Grant and Michelle L. Dineen Jerrett of Ortiz's Springfield Branch Unit.