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DENVER—A federal jury has convicted a Denver woman of mail and wire fraud in connection with a mortgage fraud scheme.
Prosecutors say 32-year-old Vicki Dillard Crowe pocketed nearly $1 million from the scheme.
She was accused of presenting false information to obtain mortgage loans for homes.
Prosecutors also alleged sellers agreed to falsely inflate the sale prices so that Crowe could receive the inflated portion of the sale price shortly after the purchase closed. The money was sometimes characterized as a payment to a broker or to a remodeling company that was supposed to work on the homes, but Crowe received the money instead.
She is scheduled to be sentenced in March.
