A Hingham woman was charged with defrauding mortgage companies in connection with multiple mortgages she obtained on a single residence.

Denise Bruce was indicted on five counts of bank fraud in U.S. District Court in Boston.

According to the indictment, between 2004 and 2008, Bruce submitted false information regarding her employment history, income, assets and debt to obtain five mortgage loans from different banks in amounts ranging from $325,000 to $487,500 on her Hingham property. The indictment also alleges that Bruce filed fraudulent discharges of mortgages with the Plymouth County Registry of Deeds to create the appearance that earlier loans had been paid in full, although none of the loans had been paid.

Bruce faces up to 30 years in prison, five years of supervised release and a fine of $1 million on each count.

Hingham Woman Charged with Mortgage Fraud

by Banker & Tradesman time to read: 1 min
0