Two women have pled guilty to mortgage fraud involving properties in South Atlanta. They are part of a group of 10 defendants indicted in March 2011 for fraud including 12 properties.
Cherri Dallas, former owner of Dallas Team Realty, pled guilty under the First Offender Act on Friday, January 6, 2012, to one count of Residential Mortgage Fraud (O.C.G.A. § 16-8-102) in Fulton County Superior Court. Specifically,
Kai Fluker pled guilty on Monday, January 9, 2012, to three counts of Residential Mortgage Fraud (O.C.G.A. § 16-8-102) in Fulton County Superior Court. Fluker received loans to purchase two properties in South Atlanta by deliberately misrepresenting her income to the mortgage lender and falsely stating that each property would be her primary residence. Judge Jackson Bedford sentenced Fluker to three years and a $1,500.00 fine.
Defendant Wendy Mitchell pled guilty in November 2011, and charges are pending against six of the remaining defendants.
Assistant Attorney General Greg L. Lohmeier prosecuted the case on behalf of the State of