Executive Summary
Laws and Precedent
Angel Jackson, a 45-year-old resident of Astatula, Florida, has been sentenced to one year and one day in federal prison for her involvement in a mortgage fraud conspiracy. U.S. District Judge Steven D. Merryday imposed the sentence in Tampa, Florida, following Jackson’s guilty plea on February 10, 2025, to one count of conspiracy to commit bank fraud.
Details of the Scheme
Jackson and her co-conspirators devised a sophisticated mortgage fraud scheme aimed at deceiving financial institutions. The fraudulent activities were designed to enable otherwise unqualified borrowers to secure mortgage loans they would not have legitimately obtained.
As part of the conspiracy, Jackson created fictitious and fraudulent paystubs, falsely indicating that borrowers were employed by specific companies for certain periods and earned incomes they did not. She also altered legitimate Social Security benefit letters to exaggerate monthly disability income, presenting a false picture of financial stability.
Further compounding the deception, Jackson manipulated bank statements to show falsely inflated account balances. These fabricated documents were then submitted to financial institutions, leading them to approve loans based on misleading information.
Investigation and Prosecution
The extensive investigation into this mortgage fraud scheme was conducted by the Federal Housing Finance Agency – Office of Inspector General and the U.S. Department of Housing and Urban Development – Office of Inspector General. Their diligent work uncovered the intricate details of the fraudulent activities.
Special Assistant United States Attorney Chris Poor was responsible for prosecuting the case. The successful conviction and sentencing of Jackson highlight the ongoing efforts to combat financial crimes and protect the integrity of the housing market.
Commitment to Justice
This sentencing reinforces the Department of Justice’s unwavering commitment to prosecuting individuals who engage in financial fraud. Such actions undermine the stability of financial institutions and exploit vulnerabilities within the mortgage lending system.
