Alleged Mortgage Fraudster Jennifer McTigue Dodged The FBI For 18 Months Living A Normal Life Until Neighbors Ratted Her Out

 

Alleged Mortgage Fraudster, Jennifer McTigue got a surprise visit Saturday night and it wasn’t a candygram. The FBI, along with U.S. Marshals and Honolulu Police converged on the Hawaii home where McTigue was staying. McTigue was wanted by the FBI after she failed to appear for a court meeting nearly a year and half ago. 

“At about eleven o’clock we heard, ‘Put your hands up, we’re not going to hurt you!’ Yelling, yelling for someone to come out,” said next door neighbor Courtney Gadis.

In January of 2014, alleged mortgage fraudster, McTigue and two others were arraigned and indicted for operating a $3 Million fraudulent debt elimination scheme.

McTigue along with mortgage fraudsters and conspirators, Marc Melton and Sakara Blackwell, a/k/a Dawn Sakaguchi operated a scheme which involved filing fraudulent “satisfaction of mortgage” forms with the State of Hawaii Bureau of Conveyances which caused lending institutions holding the mortgages not to be paid on the outstanding debts when the defendants sold the properties, resulting in substantial profits. The debt elimination scheme resulted in the defrauding of not only mortgage lenders, but also innocent buyers who unwittingly bought properties subject to the fraudulently released mortgages.

The Indictment describes transactions involving seven specific properties and alleges that McTigue, Melton and Blackwell fraudulently obtained the releases of over $4.5 million in mortgages or other financial liens against those properties. The indictment alleges that the defendants then sold the properties for prices totaling over $3.3 million.

The defendants are charged with 27 counts of mail or wire fraud each of which carry maximum penalties of 30 years imprisonment and a fines of $1,000,000. McTigue, Melton, and Blackwell are respectively charged with seven, five, and four counts of money laundering, i.e., engaging in monetary transactions of a value greater than $10,000 in criminally derived property, each of which carry maximum penalties of ten years imprisonment and a fine of $250,000. All three defendants are charged with conspiring to commit mail and wire fraud and conspiring to launder funds derived from mail and wire fraud. The maximum penalties for the conspiracies are five years imprisonment and a fine of $250,000, for the former and ten years imprisonment and a fine of $250,000 for the latter. The indictment also seeks forfeiture of property derived from proceeds of the mail and wire fraud, as well as property involved in the money laundering offenses.

Until authorities came to take McTigue into custody, she had been living her normal everyday life for the past 18 months. McTigue had even attended her Punahou class reunion just days before the FBI says she missed the meeting and turned off her phone.  

McTigue was taken to the Federal Detention Center where she will remain in federal custody until her trial later this month.  In Federal court yesterday, she asked a judge for another bond release so she can prepare her defense.  McTigue is representing herself in the mortgage fraud case. The judge denied that request.  

 

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