Suntrust Mortgage Accused of Brazen Fraud

BRADENTON, Fla. (CN) - On an application for a $660,000 home mortgage, Suntrust Mortgage employees claimed that a heavily medicated man who is disabled by bipolar disorder and depression and has monthly income of $1,026 had more than $520,000 in the bank and that his monthly payments on the $660,000 house would be $111, the man claims in Manatee County Court.

Named as defendants are Suntrust Mortgage, Suntrust Bank, Island Real Estate of Anna Maria Island, and Suncoast Real Estate.

The plaintiff says Suntrust Mortgage simply made up the numbers it filled in on his mortgage application. He seeks rescission and damages for fraud and conspiracy. He is represented by Jack Merritt of Sarasota.

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