A Lake County woman is facing charges for her alleged role in a bank fraud conspiracy. The U.S. Attorney's Office in the Middle District of Florida announced that Angel Jackson, 44, from Astatula, was indicted on one count of conspiracy to commit bank fraud. According to the U.S. Attorney's Office, if convicted, Jackson could spend up to 30 years in federal prison.
The indictment alleges that Jackson, alongside unnamed participants, orchestrated a scheme defrauding financial institutions by aiding otherwise unqualified buyers to secure mortgage loans. Ensuring that borrowed, they allegedly created fake paystubs and modified legitimate documents, such as Social Security benefit letters and bank statements, to inflate the income and financial standing of the borrowers. These actions reportedly led to the approval and funding of the mortgage loans by the financial institutions.
The Federal Housing Finance Agency Office of Inspector General and the U.S. Department of Housing and Urban Development Office of Inspector General conducted the investigation leading to these charges, and the case is set to be prosecuted by Special Assistant United States Attorney Chris Poor. As outlined by legal standards, every charged individual is considered innocent until proven guilty in court.
