home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Mortgage Broker News | Originator Newsletter
Stories about mortgage brokering and broker programs. Profiles of successful mortgage brokers. Articles about mortgage brokers who excel at other activities. Broker lawsuits and criminal broker activity.

Broker Poses as DEA Agent

John D. Cohen accused of posing as government agent

March 15, 2006


A California mortgage broker faces prison for fraud. But he isn't accused of committing mortgage fraud -- he's accused of impersonating a government Drug Enforcement Administration agent.

John D. Cohen had the tools of a good DEA agent. At his Northern California residence he kept weapons, DEA apparel, handcuffs, police scanners, bullet proof vests and a badge.

But Cohen isn't a DEA agent. He's a mortgage broker who has been charged with impersonating a government agent.

Cohen, 37, a broker at Hilltop Financial Mortgage Inc. in Pleasanton, CA, faces up to five years in prison if convicted of the charges, according to a statement released by the DEA and the U.S. Justice Department.

"Impersonating a DEA agent is a very serious offense because it undermines the public trust necessary for DEA agents to safely do their jobs," Special Agent Gordon Taylor of the DEA's Sacramento office said in a statement. "This guy wanted to be on the inside.

"Well, he'll get that opportunity when real DEA agents take him to jail and put him behind bars," Taylor said.

Federal authorities began their investigation on Feb. 27, after Cohen allegedly falsely identified himself as a DEA agent, and presented a fake DEA badge, while entering the federal courthouse in Sacramento.

The court security officer happened to be a retired DEA special agent. He became suspicious and contacted federal authorities, who contacted the DEA.

During their investigation agents learned that a week earlier Cohen sold a 2000 Ford Crown Victoria, the type of vehicle often used by law enforcement, to a security firm that works for the U.S. Coast Guard in Alameda.

Wearing a bogus DEA badge around his neck and a fake DEA jacket Cohen allegedly entered the Coast Guard facility to sell the car by identifying himself as a DEA agent, authorities said.

Cohen then reportedly showed off for the security firm workers by activating "police lights, including red and blue lights above the steering wheel, in the rear and on the passenger visor," according to the statement.

After selling the car, Cohen removed the lights, which police eventually confiscated from his Manteca, CA., home along with two handguns, a shotgun, an Oakland Police Department uniform, forged law enforcement training certificates, emergency equipment, Immigration and Customs Enforcement apparel and law enforcement training manuals.

Authorities also allegedly found something not likely to be in the home of a DEA agent -- several small baggies of marijuana.

Patrick Crowley is a feature journalist and blogger for MortgageDaily.com. He is also a reporter, blogger and columnist for The Cincinnati Enquirer.
e-mail Patrick at: [email protected]

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders