A Red Bank man was among three Monmouth County residents indicted yesterday in an alleged attempt to defraud mortgage lenders of $4 million, the Asbury Park Press reports.

Thirty-six-year-old Kevin Deickman of Red Bank — no street address given — was charged along with Susan Pereless, 65, of Tinton Falls and her son, John Pereless, 40. A Monmouth County Grand Jury indicted them on theft-by-deception counts that carry prison terms of up to 10 years.
From the Press account:
An investigation by the Monmouth County Prosecutor’s Office revealed that the defendants allegedly participated in a conspiracy to file fraudulent mortgage applications to obtain financing for seven different properties, six in Monmouth County and one in Florida, authorities said…
The mortgage applications greatly exaggerated the financial positions of the applicants and the values of the properties, authorities said. In addition, excessive fees were charged, and funds from the closings were funneled into various shell corporations, authorities said.
The lenders have foreclosed on six of the seven properties, authorities said.
Posted on October 8, 2008 at 6:43 am, filed under Crime, Housing, Law & Justice, People, Real Estate. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed. Email this story.


























Damn boys….don't drop that soap Johnny Boy…you're new friends may be using that cane of yours for a little midnight fun!
Greedy M'Fer…serves your ass right
I hope John Pereless gets MAXIMUM terms allowable on ALL accounts i believe totalling roughly 82.2 years, and his mother should rot too. This guy is a scumbag and deserves everything he get's.. Oh yeah are you going to tell them your name is "Jack Ryan" again?? you crooked criminal.. Seriously, I can only hope you rot in there forever, do your girls now your a rotten crooked slimebag worth nothing dirtbag?? you can't hide out in your "COLTS NECK" area any more Pereless, the cop's got ya'.. woodhollow dr. huh? hope you go away for a long time.. JUSTICE IS SERVED.. never been more proud of our legal system!! Way to go guy's!!!
jeeez JP, dont sugar coat it, say whats on your mind…..