Court records allege that from on or about March 24, 2007 and ending on or about June 13, 2007, Beniamin Lucian Lucescu of Portland, OR devised a scheme to defraud Countrywide Home Loans, Countrywide Bank, Flagstar Bank, and J.P. Morgan Chase in relation to 3 properties bought by Cristina Miu.

It is alleged that Lucescu, acting as a residential mortgage loan broker, prepared uniform residential loan applications (1003’) on behalf of Cristina Miu and that he knowingly falsified the borrower’s financial qualifications on those applications. He failed to identify other residential loans on properties that were owned by the borrower. He disguised the true nature of the loans and describe all five as owner-occupied purchases when in fact they were for investment purposes.
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Additional Materials

• Indictment
• Oregon Loan Originator Records

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In total Miu obtained approximately $896,050 in mortgage loans, including 2^nd liens, on the following 3 properties:

• 5032 SE 33rd, Portland, OR
• 6220 SE Salmon St., Portland, OR
• 6645 SE 63rd, Portland, OR

At the time of these allegations Lucescu was employed by American Capital Mortgage Corp of Portland, Oregon.