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Jamaican Mortgage Broker Who Fled Florida Charges Appears In Court

CaribWorldNews, FORT LAUDERDALE, FL, Weds. May 20, 2009: A Jamaican-born mortgage broker, who fled to Jamaica in 2006, was on Tuesday morning charged with masterminding a multimillion dollar mortgage fraud conspiracy in a Fort Lauderdale court.

Yvette Scott Patterson, a former Lauderhill resident, was arrested in Jamaica in March 2008 and waived her right to fight extradition to the United States.

Patterson fled the U.S. in early 2006 after being arrested and released on bond on unrelated state charges. Patterson was subsequently indicted by a federal grand jury on November 7, 2006, on mortgage fraud charges in `Operation Whose House.`

The 2006 indictment charged Patterson and others with conspiracy to commit mail fraud, wire fraud, and identity fraud in connection with a mortgage fraud scheme to obtain mortgages based on fraud for the purchase of residential properties in Broward County, Florida.

The fraud involved more than $10,000,000 in mortgages. Through her company, Khadmilroy, Inc., in Sunrise, FL, Patterson is alleged to have submitted fraudulent mortgage applications and false documentation to lenders throughout the U.S., using straw buyers and the stolen identities of unwitting victims.

To date, nine defendants have pled guilty as part of Operation Whose House. One defendant was convicted after trial in 2007, and is serving a sentence of 87 months in jail.

U.S. Magistrate Judge Barry Seltzer scheduled a pre-trial detention hearing for Patterson for Friday, May 22.