The Real Deal Miami

Mortgage fraud charges for minister, wife

September 17, 2008 03:22PM

Pastor Rodney McGill and his wife, Shalonda, were charged with racketeering, conspiracy to commit racketeering, grand theft and obtaining a mortgage by false representation, the Florida Department of Financial Services said. The pair allegedly bought four homes in Martin and St. Lucie counties by submitting fraudulent loan applications, then flipped the properties to clients for outsized profits, investigators said. The couple used bogus loan applications to borrow more than the properties were worth, leaving clients with $1.1 million in mortgages, state officials said. McGill, 42, was pastor of New Hope Outreach Center in Jensen Beach and hosted a radio program on WJFP-FM 91.1, where he allegedly solicited his clients.