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Va. woman back in U.S. to face charges in mortgage scheme

Tuesday - 2/22/2011, 2:00pm  ET

LEESBURG, Va. - A northern Virginia woman accused of fraudulently obtaining mortgages totaling more than $50 million has been extradited from Turkey to face prosecution in the United States.

Diane H. Frederick Atari, 43, fled the country after her indictment on a dozen charges of making false statements to obtain credit, money laundering and racketeering. She was returned to the United States Friday night.

According to the authorities, Atari owned and operated consulting and management companies -- ACR Consulting and Atari Management -- in Loudoun County that assisted people with poor credit to purchase homes they could not afford.

Prosecutors allege she forged documents, bank accounts and even employment records to get people qualified for loans. They say she then took commissions and other fees on homes that were later foreclosed upon.

She is alleged to have netted more than $1 million from the scheme. Officials say her victims totaled approximately 100, primarily in Loudoun County.

"This woman preyed on vulnerable people to pursue and live the American dream, and cost them millions of dollars," says Capt. Ken Pratt with the Loudoun County Sheriff's Office.

Officials could not say immediately whether Atari has an attorney. She has been held without bail until an initial court appearance Tuesday afternoon in Loudoun County Circuit Court.

WTOP's Hank Silverberg contributed to this report. Follow Hank and WTOP on Twitter.

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