Authorities said 38-year-old Brinson Allen of Alpharetta, an employee of the U.S.
Department of Homeland Security expected to walk away from a loan closing Monday with $800,000 in cash. An FBI sting
operation revealed that Allen allegedly falsified his income information to show he made $62,000 a month and told
bankers he had about $1 million deposited in various bank accounts.
After failing to secure the mortgage by pretending to be a FBI agent, Allen used the false income and asset information to obtain $2.5 million in mortgage loans to purchase a $3.3 million house at 320 Longvue Court in Duluth, said Patrick Crosby, spokesman for the U.S. Attorney’s Office. The purchase price of the house was allegedly inflated so the borrower and his co-conspirators could line their pockets with $800,000 in cash, plus the return of the required $842,000 down payment.
