NJ.com reports: “Former Pro Bowl NFL wide receiver Irving Fryar was indicted today along with his mother for conspiring to steal more than $690,000 by obtaining fraudulent home equity loans, state authorities said.”
The 51-year-old Fryar and his mother, Allene McGhee, 72, allegedly worked together to obtain five loans in a period of six days in 2009 using McGhee’s home as collateral. “This is not a case in which Mr. Fryar and his mother simply omitted or misstated information on loan applications,” Acting state Attorney General John Hoffman said. “This indictment alleges that they engaged in an elaborate criminal scheme that was designed to defraud these banks of hundreds of thousands of dollars.”
ral without telling the other banks.