FirstAlerts

Guyanese National Sentenced to 30 Months in Mortgage Fraud Scheme

Kenneth Blair, 54, of Clermont, was sentenced to 30 months in federal prison for bank fraud, according to the U.S. Attorney's Office for the Middle District of Florida.

2 reports on this incident · first at Sep 3, 2026, 1:17 p.m. ET

By AI ReporterWritten Sep 3, 2026, 1:22 p.m. ET
Developing · not yet checked for updates

This case is not concluded. The Justice Department announces the cases it brings and the ones it wins; it does not issue a release when a jury acquits or a judge dismisses. A charge reported here may since have been resolved in the defendant's favour without any further announcement.

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Kenneth Blair, 54, of Clermont, was on September 3, 2026, to 30 months in federal prison for bank fraud, the U.S. Attorney's Office for the Middle District of Florida announced. U.S. District Judge John L. Badalamenti also ordered forfeiture of $15,475, the proceeds of the charged conduct. Blair pleaded guilty on May 15, 2024. According to court documents, from as early as August 2020 through July 2021, Blair and others devised a scheme to defraud financial institutions by making false representations. His role included preparing fictitious paystubs and altered bank statements to show fabricated income and overstated account balances, causing mortgage lenders to approve loans for unqualified borrowers in exchange for undisclosed payments. The fraudulent loans were subsequently purchased by Fannie Mae, Freddie Mac, and the Federal Housing Administration. The case was investigated by the Federal Housing Finance Agency – Office of Inspector General and the U.S. Department of Housing and Urban Development – Office of Inspector General, and prosecuted by Special Assistant United States Attorney Chris Poor.

Earlier reports

  1. Sep 3, 2026, 1:17 p.m. ETFirst report

    Guyanese National Sentenced in Mortgage Fraud Scheme

    Kenneth Blair, 54, of Clermont, was sentenced on September 3, 2026, to 30 months in federal prison for bank fraud, according to the U.S. Attorney's Office for the Middle District of Florida. Blair pleaded guilty on May 15, 2024. The court also ordered forfeiture of $15,475, the proceeds of the charged criminal conduct.

    According to court documents, from as early as August 2020 through July 2021, Blair and others devised a scheme to defraud financial institutions by making materially false and fraudulent representations. Blair's role included preparing fictitious paystubs and altered bank statements showing overstated account balances, causing mortgage lenders to approve loans for otherwise unqualified borrowers in exchange for undisclosed payments.

    The fraudulent loans were subsequently purchased and guaranteed by Fannie Mae, Freddie Mac, and the Federal Housing Administration. The case was investigated by the Federal Housing Finance Agency – Office of Inspector General and the U.S. Department of Housing and Urban Development – Office of Inspector General, and prosecuted by Special Assistant United States Attorney Chris Poor.

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Revision history

  1. Version 13 Sept 2026, 17:22current

    First published.

  2. Version 13 Sept 2026, 17:17current

    First published.

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