NJ woman uses bogus checks to buy $840,000 house, cops say
🏠 NJ woman charged with using fake funds to try buying a home in Allentown
🏠 Police were alerted to the fake closing cost check in January
🏠 The house cost $840,000
ALLENTOWN — A Monmouth County woman has been charged with trying to use $76,000 in fraudulent funds to cover closing costs on a home purchase, according to the Burlington County Prosecutor’s Office.
A title company in Bordentown City contacted police after discovering the fake check was used at a closing in January by Sydne Phillips, 32, when purchasing a home on Cannonball Court in Allentown.
The investigation revealed that the check was part of a scheme that allowed Phillips to secure a mortgage on the $840,000 home.
She is also accused of forging multiple documents, using the identity of a relative, providing fraudulent tax income forms for that relative, and providing bogus bank account statements.
Phillips was taken into custody on June 1 at the residence she is accused of legally obtaining and is being lodged in the Atlantic County Justice Facility in Mays Landing pending a detention hearing in Superior Court.
She was charged with two counts of second-degree theft by deception, second-degree identity crime impersonation, and two counts of third-degree forgery.