David Saks: March 2012

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663


Former Mortgage Broker Indicted for Theft

Jeffrey C. McLendon, 39, Zanesville, Ohio, a former mortgage broker, has been indicted and charged with two counts of theft, fourth-degree felonies; five counts of theft, fifth-degree felonies; and five counts of misdemeanor theft, according to media reports.

Allegedly 12 victims were defrauded by McLendon Mortgage Company and Greater Ohio Mortgage Company, both in Zanesville, Ohio.

According to media reports, "McLendon worked for a brief time at Greater Ohio Mortgage, operated by his cousin, J.B. Miller. Miller fired McLendon when the theft claims came to light. Neither Greater Ohio nor McLendon Mortgage have been implicated in the thefts."  The incidents of theft occured between October 2009 and June 2011.

The indictment was filed in a Muskingum County Common Pleas Court.

source: Mortgage Fraud Blog

David Saks

Time&Temp Memphis

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