Former Bank Exec, Police Officer Face Mortgage Fraud Charges

post — Admin @ 12:28 am — post Comments (0)
postJune 29, 2011

- A federal grand jury has charged five Kansas City-area men — including a former bank executive and former police officer — for their involvement in a mortgage fraud scheme. Among those named in a 13-count indictment was William Vaughan, 57, of Shawnee, who was vice president of Northland National BankbizWatch in Gladstone.

Craig Chambers, 47, of Shawnee — a former police officer for the Gladstone Police Department — also was charged in the $485,000 conspiracy. During the alleged February 2006 to June 2008 conspiracy, he worked as a mortgage broker.

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