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Federal Jury Finds Placer County Women Guilty in Multimillion Dollar Mortgage Fraud Scheme (United States ...

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(Source: United States Attorney's Office for the Eastern District of California) SACRAMENTO, Calif. -- After a 16-day trial, a federal jury today found Vera Kuzmenko, 45, of Loomis, and Rachel Siders, 40, of Roseville, guilty of multiple counts of mail and wire fraud associated with their involvement in a mortgage fraud scheme that cost financial institutions over $16 million, United States Attorney Benjamin B. Wagner announced. Vera Kuzmenko was also found guilty of witness tampering and money laundering associated with the scheme. According to evidence presented at trial, from late 2006 through early 2008, the defendants engaged in a mortgage fraud scheme involving over 30 properties in...

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