The Real Deal Miami

Former North Miami mayor convicted of mortgage fraud

Tondreau split proceeds from $8M scheme with mortgage company

December 17, 2014 11:15AM

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Former North Miami Mayor Lucie Tondreau

Former North Miami Mayor Lucie Tondreau

Former North Miami Mayor Marie Lucie Tondreau was convicted of mortgage fraud on Tuesday after a 12-day jury trial in federal court.

Tondreau, the city’s first Haitian-American female mayor, was found guilty of conspiracy and wire fraud, which reportedly began through her radio show in June 2013, before she took office.

She was accused of signing up straw buyers for fraudulent loans on 20 properties through the radio show, according to published reports.

Tondreau reportedly split the proceeds from the $8 million scheme with the mortgage company, the South Florida Business Journal reported.

She faces up to 30 years in prison.  Sentencing is scheduled for March 20.[South Florida Business Journal] – Katherine Kallergis

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