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Broward men charged with mortgage fraud
By Palm Beach Business.com
WEST PALM BEACH – Two Broward residents face federal wire fraud charges for their alleged role in a $2.8 million mortgage fraud scheme.
The two, Jinnie Mathurin, 42 of Coral Springs, and Guhier Florvilus, 36 of Sunrise, were charged by information in connection with their participation in a mortgage fraud scheme, prosecutors said Wednesday. If convicted, the two face a maximum of 30 years in prison.
According to court documents, Mathurin was a mortgage broker and Florvilus acted as a straw buyer.
Mathurin would buy and sell property through straw parties who would obtain inflated mortgages based on fraudulent loan applications and bogus property valuations.
Both defendants also received wire transfers from the closing agency responsible for the property closings, with Florvilus receiving a wire transfer of $382,101for his role as a straw buyer. Altogether, federal prosecutors estimate the scheme took lenders for about $2.835 million in loans.
