FORT LAUDERDALE (CBSMiami/AP) — Two people who operated a housing scam out of a vacant South Florida coin laundry have been found guilty of fraud.
Darryl Burke and Vicki Garland of Delray Beach were convicted by a federal jury on conspiracy, bank fraud and wire fraud charges.
Testimony showed the pair used the coin laundry address for a variety of fake companies. Evidence showed they falsified documents to obtain bank loans to invest in low-income neighborhoods. Then they enrolled the properties in U.S. Housing and Urban Development low-income programs to receive money from government vouchers.
Prosecutors say the pair had a waterfront residence, luxury cars and courtside tickets to Miami Heat games.
Testimony also showed Burke and Garland falsely claimed to be disabled veterans to avoid property taxes.
They face sentencing April 18.
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