Putnam County man sentenced to prison for fraudulently securing home mortgage

HUNTINGTON, W.Va. (WCHS) — A Putnam County man was sentenced to prison Monday after fraudulently obtaining a home mortgage by falsifying documents and being untruthful with federal investigators.

Jason Trador, 46, of Scott Depot, was sentenced to one year and six months in prison to be followed by three years of supervised release time for overvaluing property on a loan application, making a false statement to federal investigators and making three false statements to the U.S. Department of Housing and Urban Development, according to a news release from the U.S. Attorney's Office for the Southern District of West Virginia.

The news release said in 2018, Trador secured a home mortgage insured by the Federal Housing Administration totaling $223,870 from Victorian Finance, his employer at the time.

Prosecutors noted when the loan was processed, Trador was behind on federal taxes which made him ineligible for an FHA loan.

The news release said a series of fraudulent documents - including bank statements and an IRS tax transcript - were used to obtain the loan.

HUD and FBI investigators said in 2022, Trador denied falsifying bank statements inflating his balance and blamed coworkers for including them in his loan file.

Prosecutors said Trador has been ordered to pay $65,302.16 in restitution.