Posted2/3/2021 1:00 AM
A former Wheeling man and three others with Northwest suburban ties face federal fraud charges alleging they were part of a scheme to unlawfully obtain at least $3 million in mortgage loans, the U.S. attorney s office announced Tuesday.
Andrzej Lajewski, who owned Des Plaines-based Highland Consulting Corp., and Chicago-based Quality Management and Remodeling Inc., schemed with two mortgage professionals and the owner of a remodeling company to perpetrate the fraud, an indictment returned Jan. 28 alleges.
According to federal prosecutors, Lajewski, 53, fraudulently received millions in mortgage loans by making and causing to be made false representations to financial institutions about buyers qualifications for loans.
Sun-Times file
A Chicago-area real estate developer allegedly participated in a mortgage fraud scheme for six years, defrauding banks of at least $3 million.
The scheme allegedly ran from 2010 to 2016 and involved a number of properties on the city’s South Side, according to the U.S. Attorney’s Office in Chicago.
Andrzej Lajewski, 53, owner of Des Plaines-based Highland Consulting Corp., and Chicago-based Quality Management and Remodeling Inc., worked with two mortgage professionals and the owner of a remodeling company to fraudulently obtain mortgage loans totaling at least $3 million, prosecutors said.
The group allegedly acquired the loans by making false claims about the buyers’ qualifications. These claims included inaccurate representations of buyers’ employment history, income, assets, source of down payment, and intention to occupy the properties the indictment said.