Date: 08-14-2014

Case Style: United States of America v. Manjur Alam

Case Number: 6:13-cr-10057-MLB

Judge: Monti L Belot

Court: United States District Court for the District of Kansas (Sedgwick County)

Plaintiff's Attorney: Aaron Smith and Tanya S. Wilson

Defendant's Attorney: James T. McIntyre and Roger L. Falk for Manjur Alam

Tony L. Atterbury for Steven Pelz

Rick E. Bailey for Christopher Ginyard

James R. Pratt for Bruce Dykes

William F. Cummings for Janice Young

Joel Mandelman and Carl Frederick A. Maughan for Henry Pearson, Jr.

Description: WICHITA, KAN. - A Wichita man was sentenced Monday to six years in federal prison for mortgage fraud, U.S. Attorney Barry Grissom said. He also was ordered to pay more than $250,000 in restitution.

Manjur Alam, 47, Wichita, Kan., pleaded guilty to one count of conspiracy to commit wire fraud and bank fraud. In his plea, he admitted he led co-conspirators in a scheme to submit mortgage loan applications containing false statements, thereby defrauding Fannie Mae and Freddie Mac and the United States Department of Housing and Urban Development.

In some cases, Alam submitted false verification of rent for nominal buyers. In other cases he submitted a false letter of credit for nominal buyers. In each loan, Alam and the co-conspirators falsely represented that the homes would be a primary residence. In truth, they did not intend to live in the homes.

U.S. District Judge Monti L Belot determined the actual loss totaled more than $485,000. The judge also noted that at the time of the crime Alam was on federal probation for a similar offense and his realtor license had been suspended.

Co-defendants included:

Christopher Ginyard, 28, Wichita, who was sentenced to two years supervised release and $40,000 restitution.
Henry Pearson, Jr., 29, Wichita, who was sentenced to two years supervised release and $56,000 restitution.
Henry Pearson, Sr., Wichita, who was sentenced to two years supervised release and $55,180 restitution.
Bruce Dykes, 46, Wichita, who was sentenced to two years supervised release and $14,872 restitution.
Janice Young, 27, Wichita, who was sentenced to five years supervised release and $60,332 restitution.
Steven Pelz, 40, Wichita, Kan., was sentenced Monday to two years federal probation and $31,924 restitution.

Grissom commended the Department of Housing and Urban Development, the Federal Housing Finance Agency - OIG, the Internal Revenue Service and Assistant U.S. Attorney Aaron Smith for their work on the case.

Outcome: See above

Plaintiff's Experts:

Defendant's Experts:

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