Noreen Khan and her husband Christopher Mayberry pleaded guilty to one count of conspiracy for making false statements to loan businesses in relation to several mortgage loans they financed. Khan had been a technical manager for NASA, while a NASA contractor had employed Mayberry.
According to the charges brought against them, Khan was still working at NASA when she and Mayberry took out significant personal loans in 2016 to fund the purchase of their luxury home. However, they quickly defaulted on those loans and sought to eliminate and dispute the debts by falsely claiming to be victims of identity theft. Khan allegedly filed a fraudulent police report, submitted a false report to the Federal Trade Commission and sent letters to the credit bureaus so the loans would be removed from her credit.
As part of the scheme, the couple allegedly signed three separate loan agreements with mortgage lenders related to the financing of their home from 2017 to 2021. In these applications, they provided false employment information and fake documents which included pay stubs, tax forms and account statements to lenders, according to the charges.
Khan and Mayberry face up to five years in federal prison and a possible $250,000 maximum fine in addition to the possible forfeiture of their luxury home. They must also pay restitution in the amount of $276,709 prior to sentencing, which is set for Dec. 18. The couple were permitted to remain on bond pending that hearing.
They sound like a couple of real smarties.
Working for NASA?
Now that’s impressive.
Then why is Adam Schiff allowed to do the same thing?
You don’t know if he did or didn’t, that’s up to a court of law to determine not and lay person
He’s not accused of doing anything even remotely similar. The allegation is that he showed both his homes as primary residences, which happens rather frequently usually due to oversight.
These people went through a lot in hiding information that would have come out in their credit report. Have they been honest. I have no respect for people who try to break the law for greed. They knew exactly what they were doing and did it intentionally. That’s a federal offense because you’re dealing with the bank’s money. They have to pay a portion that they figured out was. They were actually stealing from the lenders and probably won’t get jail time, but I’m sure having this on their record is not gonna help them with employment either especially from the government. There are a lot of people doing this and I’m thinking that a lot more are going to get caught. I know somebody who is spending seven years in a federal correction center for the very same thing. It’s all about greed and not need.