Opinion ID: 52842
Heading Depth: 3
Heading Rank: 1

Heading: The Fox Hunt Property

Text: Myna, a mortgage broker for Ultima Real Estate Services, worked as the listing agent for a property at 6319 Fox Hunt Drive in Arlington, Texas. The original listing price for the property was $239,000. Sean told Myna that he could find a buyer for the Fox Hunt property if the seller, Ahn Nguyen (Ahn), would agree to have her house appraised at a higher value. Morka prepared an appraisal report stating that the property was worth $440,000. Myna told Ahn that the house would now be selling for that price. Countrywide provided the loan for the transaction and wired the money to American Title Company, which then paid off Ahn's prior mortgages and wired the remainder to Ahn's personal BankOne bank account. After the closing, on October 3, 2002, Myna called Ahn and told Ahn to meet her at the BankOne branch below Myna's office in Arlington, Texas. Myna, Sean, and several other people were waiting for Ahn when she arrived at BankOne. Ahn withdrew approximately $186,000 in cashier's checks from her account and distributed the checks to those involved in the scheme. She kept the remaining money, which represented her equity in the Fox Hunt property. According to the government, Myna expected to make between $10,000 and $30,000 from the deal in addition to her normal real estate commission.