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OC Fannie Mae worker charged with fraud

Posted: June 19, 2013 10:08 a.m.
Updated: June 19, 2013 10:08 a.m.
 

IRVINE, Calif. (AP) — An Orange County employee of mortgage giant Fannie Mae has pleaded not guilty to charges that he demanded kickbacks to provide listings of repossessed homes to a real estate broker.

The Orange County Register (http://bit.ly/11N2PTk) says Armando Granillo has pleaded not guilty to federal counts of wire fraud. He's free on $5,000 bail pending an August trial.

Granillo worked in Fannie Mae's foreclosure sales office in Irvine. The 44-year-old Huntington Beach man was arrested in March.

Federal prosecutors say Granillo was recorded demanding kickbacks from an Arizona real estate broker.

Last month, a Fannie Mae worker filed a lawsuit claiming she was fired for complaining that her Irvine co-workers demanded kickbacks.

A Fannie Mae spokesman, Andrew Wilson, declined to comment on the case but says the organization doesn't tolerate fraud.

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Information from: The Orange County Register, http://www.ocregister.com

Copyright 2013 The Associated Press.

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