Minneapolis Woman Jailed for Mortgage Fraud

Kuntee Shamo Singramdoo
Kuntee Shamo Singramdoo

A 50-year-old woman in Lakeville, Minn., was sentenced Wednesday to three years and three months in prison for embezzling more than $220,000 from a title and real estate company where she worked, not including the $10,000 of stolen funds she repaid.

Kuntee Shamo Singramdoo (pictured left) pleaded guilty to three counts of theft by swindle after prosecutors built a case on what it called a complex fraud scheme that went undetected for about four years. It was a mortgage fraud endeavor that hurt several homeowners, reported the Minneapolis Star-Tribune.

However, there are some steps home sellers and buyers can take to help investigators detect fraud sooner, the prosecuting attorney told AOL Real Estate.