California Real Estate Fraud Report

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20
Oct

Real Estate Agent Guilty in Credit History Fraud to Purchase Homes

A California woman whose real estate license was revoked in 1998 and reinstated in 2004 appears not to have mended her ways.

Karen Washam-Hawkins of Carson pleaded guilty to conspiracy to commit wire fraud and the interstate transportation of money obtained by fraud in front of U.S. Chief District Judge Fernando J. Gaitan for her role in a mortgage fraud case.

Washam-Hawkins was the first in a chain of individuals who conspired to use social security numbers to create fraudulent credit histories in order to acquire bank loans. She acquired the social security numbers, sold or passed them to Anaheim resident Shade Jerome Howard, who then forwarded them to Gerald William Bartlett of Tampa, Florida.  Bartlett used his own businesses, South Florida Management Group and Consumer Financial Group, to create positive but false credit and payment information, which he sent to credit reporting agencies. Howard, Ronald E. Brown, Jr., of Gladstone, Missouri, and Daryle A. Edwards of Overland Park, Kansas then used the false credit histories to apply for loans (loan fraud)  from several banks (mortgage fraud) to purchase residential properties.

Howard, Brown and Edwards have pleaded guilty for their role and have been sentenced. Bartlett pleaded guilty in March 2011 and is awaiting sentencing.

Washam-Hawkins’ real estate license with the California Department of Real Estate (DRE) is active as of this writing.

Read the original article in the Blue Springs Examiner.

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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