Home Boston Press Releases 2009 New Hampshire Man Sentenced for False Statements Relating to Real Estate Transactions
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New Hampshire Man Sentenced for False Statements Relating to Real Estate Transactions

U.S. Attorney’s Office October 19, 2009
  • District of New Hampshire (603) 225-1552

CONCORD, NH—Acting United States Attorney Michael J. Gunnison, Special Agent in Charge of the Federal Bureau of Investigation Warren Bamford, and Postal Inspector in Charge Randy Miskanic announced today that Frank Blake, of Sandown, New Hampshire, was sentenced to five years of probation including six months of home confinement after pleading guilty to four counts of false statements on HUD-1 Settlement Statements relating to a mortgage fraud scheme. An order of restitution was deferred until December 18, 2009.

During a change of plea hearing held on July 20, 2009, Blake admitted that he signed and certified HUD-1 Settlement Statements that contained false statements, including but not limited to, statements as to the actual purchase price of the property and the payment of a deposit on the purchase. The government’s offer of proof alleged that Blake had an arrangement with two others to share in funds obtained from the lender that were over and above the true sales price of the property. Blake received $50,000 from the arrangement.

The Federal Bureau of Investigation and the United States Postal Inspection Service conducted the investigation of this case.

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