A veteran Chicago police officer with a history of financial trouble has been indicted on federal bank fraud charges alleging he lied on loan paperwork tied to the purchase of three properties in 2019.
LeAnthony Brown, 49, was charged in the eight-page indictment made public Wednesday with five counts of mortgage fraud and making false statements to a financial institution.
The charges allege that in February and March 2019, Brown fraudulently obtained mortgage
loans from two financial institutions totaling about $290,000 by lying about his assets, including a construction company he owns called Fathers Brothers and Sons Inc.
In loan applications for two of the properties, Brown submitted fraudulent statements for a personal bank account that misstated how much he had in his real bank