Oxford couple charged in mortgage fraud scheme
A man and woman from oxford have been indicted for what prosecutors say is a scheme to defraud homeowners and mortgage lenders in Cambridge and Brookline.
Allen Seymour, 50, faces 22 charges including forgery, uttering, larceny and money laundering. Tina Seymour, 46, faces two counts of conspiracy to commit forgery.
According to Attorney General Maura Healey, Allen Seymour targeted homeowners, including elderly residents, to fraudulently gain control of residential properties and resell them at a profit to investors. Seymour allegedly forged power of attorney documents in the name of homeowners and others to gain control over the seller’s proceeds and laundered those funds through third-party accounts.
Tina Seymour, Allen’s wife, allegedly assisted with those forgeries and provided unauthorized access to notary stamps.
Allen Seymour pleaded guilty to a similar scheme in 2010 and was sentenced to two-and-a-half years in prison.
He was arrested in South Carolina in May on the new charges and is being held without bail pending a probation hearing in January stemming from his 2010 case.
Neither co-defendant have been arranged on the new charges.
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