News and Press Releases

Grimes Woman Sentenced in Connection with Mortgage Fraud

FOR IMMEDIATE RELEASE
August 18, 2013

Des Moines, Iowa – Bobbi Jo Wojewoda, age 46, of Grimes, Iowa, was sentenced by United States District Court Chief Judge James E. Gritzner to 18 months in prison for conspiracy to commit bank fraud, announced United States Attorney Nicholas A. Klinefeldt. Judge Gritzner also sentenced Wojewoda to serve 60 months of supervised release following the completion of her prison term.

In an earlier hearing, Wojewoda admitted she used her position as an apprentice appraiser to prepare appraisals with inflated values to help herself, and others qualify for mortgage loans. Wojewoda also failed to disclose material conflicts of interest to the mortgage lender when she performed appraisals on her own home and homes where she was the real estate agent.

In a related matter, Wojewoda’s husband, Wade Charles Wojewoda, age 45, pled guilty to receipt of proceeds obtained under false pretenses, related to the purchase of the Wojewoda’s home in 2003. Wade Wojewoda admitted he received loan proceeds knowing, or he was aware of a high probability, that the proceeds had been obtained under false pretenses. Specifically, he knew, or deliberately closed his eyes to the fact that a false document had been submitted to a bank to secure the loan proceeds. Wade Wojewoda was sentenced to three years probation on July 31, 2013.

This case was investigated by the Federal Bureau of Investigation, and the case was prosecuted by the United States Attorney’s Office for the Southern District of Iowa.

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