An Illinois loan officer from Champaign County was sentenced to four years in prison this last week for stealing over $100,000, according to the Illinois Attorney General’s Office.

Brandon L. Jackson, 30, of Rantoul, used his position as a licensed mortgage loan originator at different mortgage companies to steal private financial information from more than 15 victims, who lost more than $100,000.

“The defendant is a con man who took advantage of unknowing customers for personal profit,” Madigan said.

The Illinois AG’s Office said that Jackson lured victims into providing this information using false loan approvals and fake mortgage services. This gave him direct access victims’ personal information that he used to write forged checks and open credit accounts in their names.

In some cases, Jackson directed victims to pay him what they believed were transaction-related fees that he then pocketed.

Jackson was also ordered to two years of supervised release by Champaign County Circuit Court Judge Roger B. Webber and was also ordered to pay over $106,000 in restitution to the victims of the scam.

Moe Bedard
My name is Maurice "Moe" Bedard. I am the founder of America's #1 Mortgage Forum, LoanSafe.org. My online work has been featured in the New York Times, LA Times, Fox Business, and many other media publications.