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Law

NC Gets Federal Funding to Fight Mortgage Fraud

The fight against mortgage fraud and other financial crimes just got a little easier in North Carolina – thanks to a new Financial Crimes Initiative.

Ben David is the District Attorney for New Hanover and Pender counties and heads the state conference of D-As. He says the rise in mortgage fraud and other scams is what helped North Carolina get funding for a Financial Crimes Initiative.

Ben David:  "And that’s in part because criminals often see these crimes as low risk and high reward.   You can steal more money with the click of a mouse button or with a pen and a checkbook than you can frequently with a gun and a ski mask."

The National Mortgage Settlement is paying for the new initiative.  David says the money will be used to hire a White Collar Crime Resource Prosecutor, regional prosecutors and other experts to aggressively investigate, prosecute and recover stolen dollars.

Leoneda Inge is the co-host of WUNC's "Due South." Leoneda has been a radio journalist for more than 30 years, spending most of her career at WUNC as the Race and Southern Culture reporter. Leoneda’s work includes stories of race, slavery, memory and monuments. She has won "Gracie" awards, an Alfred I. duPont Award and several awards from the Radio, Television, Digital News Association (RTDNA). In 2017, Leoneda was named "Journalist of Distinction" by the National Association of Black Journalists.
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