(Source: USDOJ) Baltimore, Maryland –Alberic Okou Agodio, age 30, of Bethesda, Maryland, pleaded guilty today to conspiracy, wire fraud, and aggravated identity theft, arising from a mortgage fraud scheme in which he used the names of immigrants and students, along with false financial information, to obtain approximately $3.8 million in home mortgage loans to buy approximately three dozen row houses in Baltimore, all of which are in default or foreclosure.

The indictment was announced by United States Attorney for the District of Maryland Rod J. Rosenstein; Special Agent in Charge Olga Acevedo of the Federal Housing Finance Agency Office of Inspector General; Special Agent in Charge Cary A. Rubenstein of the U.S. Department of Housing and Urban Development Office of Inspector General; Special Agent in Charge Fran Mace, of the Federal Deposit Insurance Corporation Office of Inspector General; and Special Agent in Charge Stephen E. Vogt of the Federal Bureau of Investigation.

“When we are made aware of individuals whose criminal conduct causes financial harm to the public and unnecessary risks to the FHA Insurance Fund we commit whatever resources are necessary to bring these individuals to justice and have them debarred from participation in government programs,” said Special Agent in Charge Cary Rubenstein of the U.S. Department of Housing and Urban Development Office of Inspector General. “Mortgage fraud investigations can be very labor intensive and we would like to thank our law enforcement partners for their collaborative efforts.”