A federal jury has convicted a 42-year-old Bellevue man accused in a mortgage fraud scheme, the U.S. Attorney’s Office announced Monday. Charged in November, Mark Steven Ashmore stood accused of using two companies he owned — Equity Solutions Northwest and Remarkable Properties LLC — and connections in the mortgage industry to conduct the wide-ranging fraud. Late Monday, a U.S. District Court in Seattle convicted Ashmore of conspiracy and three counts of wire fraud following a five day jury trial, according to the U.S. Attorney’s Office statement. The jury deliberated about four hours before returning its verdict.
0 minute readBellevue man convicted in massive mortgage fraud scheme
September 21, 2010, 10:51am
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
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