CrimeDivas

Female White-Collar Crime Divas-Mordern Day Thieves

Women Group Conspired to Commit Mortgage Fraud!

femalesSisterhood is a precious bonding that is rare and hard to come by, but when that union is to commit a crime it becomes a snowball from hell, as in this situation.

Today, we have four CrimeDivas, Sarah Hyldahl, 32, of Marietta, and Ronnika Allen, 30, of Powder Springs, worked for a company owned by Bonnie Rose, 54, of Jonesboro and Patrice Hairston, 52, of Lawrenceville. All were convicted and sentenced for bilking over $2.7 million from mortgage lenders by using what is known as the “straw borrower’s” scheme . . . people who are paid kickbacks for allowing others to use their information to deceit mortgage lenders to purchase a property. Unfortunately, these schemes are one of the main reasons for the economic downward spiral and blight many communities across this country has dealt with for over a decade and half.

What amazes me is the short period of time it took the group to secure this large sum of money. According to the record, it took less than a year for them to pull off this scheme. Apparently, Ms. Hairston was the ringleader and was given the most time of to five years, four months in prison to be followed by three years of supervised release. Restitution will be determined. Ms. Hyldahl pleaded guilty to conspiracy and has been sentenced to one year and one day in prison to be followed by three years of supervised release, and ordered to pay $798,299 in restitution. Ms. Allen pleaded guilty to conspiracy and has been sentenced to two years of probation, the first 60 days of which are home confinement, and restitution of $192,458. Ms. Rose pleaded guilty to conspiracy and has been sentenced to three years of probation, the first eight months of which are in home confinement. She was ordered to pay $339,531 in restitution.

According to record, Ms. Hyldahl, Ms. Allen and Ms. Rose all cooperated with the government in the case . . . you all know what that mean!

CrimeDiva comment: Nothing was gain here. Their short period of living large will be forever shadowed by a lifelong criminal record, which will make it difficult for them to secure employment. The shame and disgrace they brought to themselves and family. The harm they caused the community and those involved as straw borrowers. True friends would have kept each other in line.

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Check-pointDecember 31st, 2016
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