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Five indicted in foreclosure-drug distribution scheme
STAFF REPORTS
Five individuals, including three from McKinney, have been indicted for their roles in a combination foreclosure-rescue/drug-distribution scheme in the Eastern District of Texas, announced United States Attorney John Bales.
Charles Williams, 37, of McKinney; Jarrod Williams, 33, of McKinney; Julius Williams, 41, of McKinney; Jemilat Williams, 33, of Missouri City; and Christopher Carter, 33, of Leicester, England, on Wednesday were indicted by a federal grand jury on multiple charges.
According to counts one through 17 of the indictment, Charles, Jarrod, Julius and Jemilat controlled and operated Applied Investment Strategies, Inc., which they marketed as a foreclosure-rescue service that would assist homeowners at risk of foreclosure. However, once retained by their customers, AIS fraudulently used their customers' personal identification information to prepare and send false military orders to lending institutions in order to claim relief from foreclosure efforts under the Servicemembers Civil Relief Act.
According to count 18 of the indictment, after at least one of the fraudulently acquired properties was vacated, Charles, Jarrod, Julius, and Carter turned it into a marijuana grow operation that housed more than 1,000 marijuana plants.
For each of counts one through 10 of the indictment, Charles, Jarrod, Julius and Jemilat each face up to 20 years in federal prison. For each of counts 11 through 17, Charles and Jarrod face a mandatory two years in federal prison to run consecutively with any other imprisonment terms. For count 18 of the indictment, Charles, Jarrod, Julius and Carter each face from 10 years to life in federal prison.
The case is being investigated by the FBI and prosecuted by Assistant U.S. Attorney Shamoil T. Shipchandler.
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