GRAND JURY CHARGES DRAPER MAN WITH MAKING FALSE STATEMENTS TO GET $1 MILLION HOME LOAN

SALT LAKE CITY - A federal grand jury returned an indictment Thursday evening charging Andrew John Mullen, age 32, of Draper with one count of making false statements in a loan application to Washington Mutual for the purpose of influencing the bank to lend him $1 million to purchase a home in Draper.

A summons will be issued to Mullen to appear for an arraignment in federal court. The potential maximum penalty for the charge is up to 30 years in prison and a $1 million fine. Defendants charged in indictments are presumed innocent unless or until proven guilty in court. The case is being investigated by the FBI and the IRS.
According to the indictment, Mullen falsely stated that:

a. his wife was applying for the loan when he knew he was the one applying for the loan;

b. the home would be used as his wife's primary residence when he knew the home was being purchased for an investment and would not be occupied by him and/or his wife; and that

c. his wife had a monthly income of $34,000 from Home Front Services, when he knew she had no monthly income from Home Front Services.