A federal grand jury has indicted six people in an alleged Solano County mortgage fraud scheme that resulted in losses of over $1 million to lenders.
Temika Reed of Bay Point, Buena Marshall of Sacramento, Jake Weathers, also of Sacramento, Reginald Dodson of Tracy, Deborah Loudermilk of Suisun City, and Kadesta Harris, also of Suisun City, were charged with mail fraud on Thursday, the U.S. attorney's office said.
According to the indictment, the 31-year-old Reed purchased seven homes in Solano County between 2006 and 2007. With the help of Weathers and Dodson, who worked as loan officers with a local lender, Reed falsified her income and employment history to qualify for the homes, the indictment said.
Harris and others inflated the price of the homes by submitting phony invoices for repairs and other construction that never happened, the indictment said.
