Oak Brook attorney charged in mortgage fraud scheme
An Oak Brook lawyer is among three men charged in connection with a federal mortgage fraud scheme.
Prosecutors said Robert Lattas, 36, falsified mortgage information that resulted in obtaining five fraudulent residential loans totaling almost $1.5 million.
Lattas was ordered to appear voluntarily for arraignment Thursday, according to court records.
Prosecutors said Lattas worked with Chicago-based real estate investor Steven Bartlett, 42, to prepare fake U.S. Housing and Urban Development loan documents for properties on Chicago's south side between 2008 and 2009.
Also indicted was Nicholas Burge, 34, of Bloomington, who worked as a loan originator for two different lenders, prosecutors said.
The three men are charged with wire fraud and mail fraud. They each face a maximum of 20 years in prison and fines of up to $250,000. The government is also seeking forfeiture of $1,494,248.