(KNOXVILLE, Tenn.) -- A loan officer pleaded guilty Tuesday to conspiracy to commit wire fraud, admitting to a plan to obtain a mortgage loan by providing false information to a lender.
Paulynn Wright of Knoxville plotted the scheme with co-defendants Joyce Allen, Kay Thomas, and Dona Rector, according to officials.
The individuals planned on supplying an asset verification letter that falsely stated that Wright had an investment with Benchmark Capital.
Wright faces sentencing on Dec. 3.
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