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Feds: Bedford, Lyndhurst residents indicted for money laundering

2:03 PM, Jan 3, 2013   |    comments
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CLEVELAND -- Two men and a woman were indicted for their roles in a $1.4 million fraud conspiracy involving property in North Carolina, according to U.S. Attorney Steven M. Dettelbach.

Camille M. Harris, 42, of Cleveland; Kenneth T. Embry, 56, of Lyndhurst; and Deon D. Levy, 43, of Bedford, were all charged with three counts each: conspiracy to commit wire fraud, wire fraud and conspiracy to commit money laundering.

All three were arrested Thursday morning.

All three were also affiliated with a general contracting company known as Ameribuild Management Company (AMC) in Cleveland: Harris was president, Embry was chief financial officer and Levy was director of operations from May 2007 through February 2008, according to the indictment.

Together, the trio conspired to enrich themselves by making false representations on a mortgage-loan application and other documents related to a North Carolina property and using fictitious invoices as a means to extract money, according to the indictment.

In 2007 and 2008,  Harris and Embry caused a loss of approximately $599,388 to Fairway and Amtrust Bank, as the purchaser of the North Carolina property's mortgage from Fairway, according to the indictment.

This case is being prosecuted by Assistant United States Attorney Robert J. Patton following an investigation by Federal Bureau of Investigation and Internal Revenue Service - Criminal Investigations.

WKYC-TV

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