An earlier version of the W/P column misstated the reported purpose of home equity loans sought from the Congressional bank by Democrat IT staffer, Imran Awan. Awan's lawyer told the NYT that Awan sought the loan to provide money to relatives in Pakistan to assist his father, not that the loan was meant to pay his father's medical bills. Wash/Po states they printed a corrected version.
July 3, 2018 IMRAN AWAN PLEADS GUILTY TO MAKING
FALSE STATEMENT ON APPLICATION FOR HOME EQUITY LOAN
Falsely Claimed Property Was Not Being Rented
WASHINGTON – Imran Awan, 38, of Alexandria, Va., pled guilty today to a federal charge stemming from a false statement made on a home equity loan, announced U.S. Attorney Jessie K. Liu, Matthew R. Verderosa, Chief of the United States Capitol Police, and Matthew J. DeSarno, Special Agent in Charge, of the FBI Washington Field Office’s Criminal Division Awan pled guilty in the U.S. District Court for the District of Columbia to making false statements on a loan or credit application. The charge carries a statutory maximum of 30 years in prison. Under federal sentencing guidelines, he faces a likely range of zero to six months of incarceration. The Honorable Tanya S. Chutkan scheduled sentencing for Aug. 21, 2018.
According to plea documents filed today, on Dec. 12, 2016, while in the District of Columbia, Awan submitted an online application in the name of his wife, Hina Alvi, to a credit union for a home equity line of credit on a property that she owned in Alexandria, Va. Awan made a material misrepresentation in the application by stating that the property was his wife’s primary residence and not a rental property. In fact, she was renting the property to tenants at the time. Awan made the misrepresentation because the credit union had a policy of not extending home equity lines of credit on rental properties. On Jan. 5, 2017, the credit union offered a home equity line of credit of $165,000. Then, between Jan. 12 and Jan. 18, 2017, the credit union transferred $165,000 into the account. Awan paid off the balance on Jan. 18, 2017.
Awan and his wife were indicted on federal charges related to the loan in August 2017. Both had pled not guilty to the charges. Under the plea agreement with Awan, the government agreed to ask the Court to dismiss all charges against Alvi at the time that Awan is sentenced. This case was investigated by the U.S. Capitol Police and the FBI’s Washington Field Office. It is being prosecuted by the U.S. Attorney’s Office for the District of Columbia. —-
SOURCE: news provided by JUSTICE.GOV on Tuesday, July 3, 2018.
Earlier data indicates Imran was quite the landowner and operator.
HAT TIP LUKE ROSIAK, DAILY CALLER
The Awans owned numerous homes that operated as rental properties.
Interviews w/ tenants revealed the Awans demanded cash or blank money orders as rental payments.
DEMOCRATS’ IT, IMRAN AWAN, FINDS TIME TO BROKER REAL ESTATE-—Virginia licensing documents show that Imran Awan became a licensed real estate broker during the time period he was earning $160,000 tax dollars from House Democrats. The licensing process requires certifying that the applicant was working “an average of at least 40 hours per week” as a real estate agent at the time. Brokers typically supervise real estate agents and handle large amounts of money.
HAT TIP PTSAL—— All of the Awan’s property record data, appraisals, home inspections, title reports, mortgage applications, escrow disbursement records, etc. are archived in the cloud. IMHO, many people KNEW and used nuanced language in their reports that avoided words that would trigger an audit. At the lowest level start w/ the appraisers because these licensed professions had to physically inspect these properties owned by the AWANS.
EXHIBIT B——The scam Imran Awan pulled at the Congressional Federal Credit Union
for which he is under indictment has the potential to open a can of worms.
<><> there is a paper trial——Imran’s loans should be well-documented.
<><> One document to be examined is the appraisal, particularly the FORM NUMBER of the appraisal.
<><>A home appraisal would be on one form, while an income property would be on another.
<><> Falsifications here starts to unravel the story.
<><>The appraiser is obligated to archive the file for five years. Many appraiser are archived on the cloud with national data services.
<><>The Awans apparently had a number of facilitators. Is there any commonality in the service providers associated with the multiple property purchases that are reportedly associated with the Awan clan? Real estate agent, title company, escrow, closing attorney, appraiser, home inspector, etc. So many of these folks have been on-site and seen something, IMHO.
<><> important to know that appraisers are regulated at the state-level.
Two sources said that in recent weeks, Imran has discussed providing third parties with money and having them travel to New York City to buy and return with a 1-kilogram gold bar. “He wants to hide his money,” one source said in relation to the gold.
(NOTE better check Imran’s toothpaste——one thief turned his money into diamonds and stuffed them in a toothpaste tube to get it out of the USA.)