OFFICE OF THE UNITED STATES ATTORNEY
WESTERN DISTRICT OF MISSOURI
MATT J. WHITWORTH
Contact Don Ledford, Public Affairs ● (816) 426-4220 ● 400 East Ninth Street, Room 5510 ● Kansas City, MO 64106
JULY 14, 2009
FOR IMMEDIATE RELEASE
KC MAN INDICTED FOR $3.6 MILLION MORTGAGE FRAUD
KANSAS CITY, Mo. – Matt J. Whitworth, Acting United States Attorney for the Western District of Missouri, announced that a Kansas City, Mo., man was indicted by a federal grand jury today for his role in a mortgage fraud conspiracy that involved loans on 34 properties totaling more than $3.6 million.
Quentin Henley, 36, of Kansas City, was charged in a seven-count indictment returned by a federal grand jury in Kansas City.
Henley did business as Quality Remodeling, as All and One Construction and as Corporate Remodeling Associates. According to today’s indictment, from July 2003 to January 2009, Henley acquired residential properties for the stated purpose of rehabbing the properties, then renting or selling them.
Henley and unnamed co-conspirators allegedly submitted materially false, fraudulent and misleading loan applications and supporting documentation to mortgage lenders, all to induce the lenders to approve the applications and lend funds.
In each case, the indictment says, Henley received money from the proceeds of the loans. In some instances, Henley bought or sold the property himself or refinanced mortgages. In other instances, Henley falsely represented that his company had remodeled the properties and was entitled to payment from the proceeds of the loan; in reality, the indictment says, Henley did little or no work to rehab some of the properties.
Henley allegedly caused mortgage lenders to make loans regarding at least 34 properties in the amount of at least $3,600,482.
In addition to the mortgage fraud conspiracy, today’s indictment charges Henley with three counts of interstate transportation of money obtained by fraud and three counts of money laundering.
Whitworth cautioned that the charges contained in this indictment are simply accusations, and not evidence of guilt. Evidence supporting the charges must be presented to a federal trial jury, whose duty is to determine guilt or innocence.
This case is being prosecuted by Assistant U.S. Attorney Linda Parker Marshall. It was investigated by IRS-Criminal Investigation and the Federal Bureau of Investigation.
This news release, as well as additional information about the office of the United States Attorney for the Western District of Missouri, is available on-line at