For Immediate Release: Tuesday, May 11
( ST. PAUL, MN) With new information uncovered by Minnesota Department of Commerce investigators, the Dakota County attorney has added another felony count to the long list of charges filed against Lakeville real estate closer and title insurer, Kuntee Singramdoo.
In an amended complaint filed in Dakota County on May 5, Singramdoo is charged with one count of racketeering in addition to the 16 counts of theft, theft by swindle and insurance fraud brought against her in two previous complaints. The new racketeering charge alone carries a maximum sentence of 20 years.
The charges against Singramdoo stem from investigations conducted by the Enforcement Unit and the Division of Insurance Fraud Prevention at the Minnesota Department of Commerce, which formed the basis for allegations that Singramdoo allegedly engaged in a pattern of insurance and mortgage fraud by which she used client funds intended for mortgage or title insurance and converted them for her own use or the use of family members.
The alleged embezzlement included at least 184 checks issued between February 2004 and June 2007 to 24 different creditors including $68,109 to US Bank, $48,863 to Wells Fargo, $800 to JC Penney, $4,764 to Macy's, $6,286 to Goodman Jewelers, $800 to Bloomingdale's, $6,866 to Honda, $2,734 to American Express and $2,323 to Discover.
The new racketeering charge was added after the Department's Enforcement Unit discovered new information leading to the allegation that from about May 6, 2005 to February 2008, Singramdoo conspired with others to participate in a pattern of criminal activity, namely, theft by swindle.
ABOUT THE MINNESOTA DEPARTMENT OF COMMERCE
The Division of Insurance Fraud Prevention within the Department of Commerce was created in 2004. All of the division's detectives are licensed police officers for the State of Minnesota and have prior experience investigating white-collar fraud cases. The Division has seven police officers who have more than 150 years combined experience in police work. The Division also has five fraud analysts who assist detectives in their casework. Recently, the Division added a computer forensics lab to assist with investigations.
The department's Enforcement Unit consists of 17 investigators who investigate complaints to determine whether regulated businesses or individuals have violated state laws or rules. Regulated industries include debt collection, real estate, securities, mortgage and insurance. Enforcement action can include a civil penalty, license revocation, or cease-and-desist orders if any laws or rules have been violated.