Milton, Massachusetts - Augustus C. Okoye, 47 years of age, was charged in federal court with defrauding mortgage lenders and committing identity fraud as part of a mortgage fraud scheme. Okoye is charged with three counts of wire fraud and one count of identity fraud.

Okoye used his brother’s name, social security number and date of birth to acquire mortgage loans to purchase three properties in and around the Boston, Massachusetts area.

If proven guilty, Okoye faces up to 20 years imprisonment, to be followed by 3 years of supervised release and a $250,000 fine on each of Counts One through Three of the Information and up to 15 years imprisonment, to be followed by 3 years of supervised release, and a $250,000 fine on Count Four of the Information.