Remember Brad "Chipmunk" Schlozman and his ties to the USA firing scandal? There was a case of a couple that accused the government of selective prosecution in an alleged inflated mortgage loan case.
TPM:
One of PurgeGate prosecutor Brad Schlozman's politically-timed prosecutions ends in acquittal.
Homeowner Philip F. Cardarella, 59, a Kansas City lawyer and husband to co-defendant Katheryn Shields, 60, a lawyer, former Jackson County executive and current Kansas City mayoral candidate.
Here is an article back in January:
SHIELDS INDICTED She says case is politically motivated
Ex-county executive indicted for fraud
Nearly a dozen defendants are named in an alleged inflated mortgage loan case.
By MARK MORRIS and DEANN SMITH
The Kansas City Star
KEITH MYERS THE KANSAS CITY STAR
TPM:
One of PurgeGate prosecutor Brad Schlozman's politically-timed prosecutions ends in acquittal.
Homeowner Philip F. Cardarella, 59, a Kansas City lawyer and husband to co-defendant Katheryn Shields, 60, a lawyer, former Jackson County executive and current Kansas City mayoral candidate.
Here is an article back in January:
SHIELDS INDICTED She says case is politically motivated
Ex-county executive indicted for fraud
Nearly a dozen defendants are named in an alleged inflated mortgage loan case.
By MARK MORRIS and DEANN SMITH
The Kansas City Star
KEITH MYERS THE KANSAS CITY STAR
“They are charging me with essentially selling my house,” Katheryn Shields said of charges against her and her husband, Philip Cardarella. He said, “We don’t know of any laws that have been broken.”
Former Jackson County Executive Katheryn Shields and her husband knowingly signed fraudulent paperwork related to the proposed sale of their home, according to a federal mortgage fraud indictment returned Thursday. Shields, 60, and her husband, Philip Cardarella, 59, were indicted with nine others in an alleged scheme to drastically inflate the sales price of their home in the Loose Park area of Kansas City last fall.
In a news conference at their attorney’s office, Shields and Cardarella categorically denied the allegations and claimed that Shields’ name had been forged to at least one document in the sale.
“They are charging me with essentially selling my house,” Shields said. “I hate it that we’ve reached this point. I think it’s very unfair.”
Under the elaborate plan, the home, which had been on the market for 18 months, would appear to sell for $1.2 million to buyers who never intended to pay the mortgage, even though Shields and Cardarella had cut the price to $699,950, authorities said. The couple allegedly would have received $707,000, while other conspirators would have shared the rest of the mortgage money, officials said.
Shields and Cardarella each are charged with one count of wire fraud and one count of conspiracy. The other area residents indicted Thursday — including a real estate investor, an appraiser and a loan officer — face those two charges and as many as 10 additional counts of wire fraud. A wire fraud conviction carries a sentence of up to 20 years, and a conspiracy conviction carries a sentence of up to five years.
At an early evening press conference, U.S. Attorney Brad Schlozman described a November meeting between Cardarella and Raymond W. Zwego Jr., another man charged in the case, in which Cardarella, a lawyer, was told of the fraudulent nature of the transaction.
Former Jackson County Executive Katheryn Shields and her husband knowingly signed fraudulent paperwork related to the proposed sale of their home, according to a federal mortgage fraud indictment returned Thursday. Shields, 60, and her husband, Philip Cardarella, 59, were indicted with nine others in an alleged scheme to drastically inflate the sales price of their home in the Loose Park area of Kansas City last fall.
In a news conference at their attorney’s office, Shields and Cardarella categorically denied the allegations and claimed that Shields’ name had been forged to at least one document in the sale.
“They are charging me with essentially selling my house,” Shields said. “I hate it that we’ve reached this point. I think it’s very unfair.”
Under the elaborate plan, the home, which had been on the market for 18 months, would appear to sell for $1.2 million to buyers who never intended to pay the mortgage, even though Shields and Cardarella had cut the price to $699,950, authorities said. The couple allegedly would have received $707,000, while other conspirators would have shared the rest of the mortgage money, officials said.
Shields and Cardarella each are charged with one count of wire fraud and one count of conspiracy. The other area residents indicted Thursday — including a real estate investor, an appraiser and a loan officer — face those two charges and as many as 10 additional counts of wire fraud. A wire fraud conviction carries a sentence of up to 20 years, and a conspiracy conviction carries a sentence of up to five years.
At an early evening press conference, U.S. Attorney Brad Schlozman described a November meeting between Cardarella and Raymond W. Zwego Jr., another man charged in the case, in which Cardarella, a lawyer, was told of the fraudulent nature of the transaction.
http://www.aikconline.org/chapternews_full1.php?newsid=35
And this piece of information:
Shields, a former Jackson County executive, and husband Philip Cardarella filed a motion alleging they were singled out for prosecution because she has been an "outspoken" and "sometimes controversial Democrat."
And this piece of information:
Shields, a former Jackson County executive, and husband Philip Cardarella filed a motion alleging they were singled out for prosecution because she has been an "outspoken" and "sometimes controversial Democrat."
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