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


Metro-East Woman Sentenced on Mortgage Loan Fraud, Tax Fraud, and Food Stamp Fraud Offenses

U.S. Attorney’s Office December 21, 2011
  • Southern District of Illinois (618) 628-3700
A metro-east resident was sentenced today in the United States District Court in East St. Louis for participating in a conspiracy to defraud the United States and evade the payment of federal income taxes, for making false statements on a mortgage loan application, and for making false statements to obtain Food Stamp Program benefits, the United States Attorney for the Southern District of Illinois, Stephen R. Wigginton, announced today. Chamethele McKinney, 36, was sentenced to 37 months’ imprisonment.

Court documents indicate that brothers Robert Todd McKinney and John Quinn McKinney owned and operated McKinney Hauling, a construction business located in East St. Louis, Illinois. In 2003, the Internal Revenue Service (IRS) began pursuing the brothers for unpaid taxes. The McKinney brothers evaded the payment of their tax obligations for the tax years 1999-2000, and 2002-2006, by diverting business income from McKinney Hauling into nominee bank accounts, which were used to pay personal and household expenses. Robert and John McKinney also admitted lying to federal officials about their business income and their home addresses. Belinda and Chamethele McKinney each pled guilty to falsifying mortgage loan documents while purchasing real estate—solely in their own names—so that business income earned by the husbands could be diverted into assets owned exclusively by their wives, thereby avoiding a combined IRS tax lien of $2,465,089.74, including penalties and interest.

On her loan application to purchase a house on Seasons Ridge in Maryville, Chamethele McKinney indicated that she was a manager at McKinney Hauling, she had a gross monthly income of $15,374.23, she had a letter indicating that she was a part owner of McKinney Hauling since January 1998, and that she had a verification of rent or mortgage; all of which were false and misled the lender. Knowing that her husband John Quinn McKinney had tax liens and poor credit, Chamethele McKinney submitted the loan applications in her own name only. After closing, Chamethele received a kickback of $45,541.16 from the seller, an amount above the actual cost of the house.

At sentencing, the United States argued that incarceration was necessary to put an end to Chamethele’s parasitic lifestyle.

Chamethele McKinney was also sentenced to five years of supervised release, ordered to pay restitution in the amount of $1,512,384.22 to the Internal Revenue Service, in the amount of $267,678.47 to Deutsche Bank, and in the amount of $22,488.00 to the Illinois Department of Human Services, and ordered to pay $300 as a special assessment to the court.

On December 2, 2011, her husband John Quinn McKinney and her brother-in-law Robert Todd McKinney were both sentenced to 57 months’ imprisonment.

On December 13, 2011, her sister-in-law Belinda Cheri McKinney was sentenced to 37 months’ imprisonment.

The investigation was conducted by agents from the Internal Revenue Service, the Federal Bureau of Investigation, the U.S. Postal Inspection Service, and the Illinois Department of Human Services. The case is being prosecuted by Assistant United States Attorneys Liam Coonan and Steven D. Weinhoeft.

Courtesy FBI

David Saks

Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.


Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.





"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


  Real Estate Crimes


Click "HERE" For Today's Question



TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis



America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 0 commentsDavid Saks • December 22 2011 03:01PM


This blog does not allow anonymous comments