Tampa, FL – Carlos Calderon, a 56-year-old resident of Clermont, has pleaded guilty to conspiracy to commit bank fraud, as announced by the United States Attorney’s Office. Calderon is facing a maximum sentence of 30 years in federal prison, although a sentencing date has not yet been determined.
Calderon was involved in a mortgage fraud scheme that targeted financial institutions. According to court proceedings, he and his accomplices orchestrated a plan to help otherwise unqualified borrowers obtain mortgage loans. Calderon fabricated paystubs, falsely claiming that these borrowers were employed at certain companies, earning specific incomes over set periods. These fraudulent documents were then forwarded to a co-conspirator, who submitted them to financial institutions.
As a result of these misrepresentations, the financial institutions approved and funded the mortgage loans. These fraudulently obtained mortgages were later purchased and guaranteed by Freddie Mac and the Federal Housing Administration.
The investigation into Calderon’s activities was conducted by the Federal Housing Finance Agency’s Office of Inspector General and the United States Department of Housing and Urban Development’s Office of Inspector General. The case is being prosecuted by Special Assistant United States Attorney Chris Poor.
