Commission Chief Auditor/Investigator Michael B. Gray is the recipient of an award for his work from the International Association of Financial Crimes Investigators (IAFCI).
The IAFCI selected as its Task Force of the Year a group including Gray. The award was presented to the Task Force and Gray at the IAFCI annual conference in Ft. Lauderdale, Florida.
The Task Force identified for this particular award was involved in the investigation and prosecution of a multi-million dollar mortgage fraud scheme out of the Waxhaw, North Carolina area. Gray’s work has been instrumental in this and other mortgage fraud investigations, increasing the Commission’s ability to make a difference in situations in which licensed real estate brokers have actively participated in fraud.
The IAFCI is a non-profit international organization providing services and an environment within which information about financial fraud, fraud investigation, and fraud prevention methods can be collected, exchanged and taught. It provides investigators with national and international investigative capabilities to establish effective financial crime programs.
There are chapters across the US, Canada, Europe, Central and South America, Africa and Asia, and members include all levels of law enforcement, prosecution, security and other segments of the financial transaction industry. They provide training and information about financial crimes and a network to track individuals internationally.
The North Carolina Real Estate Commission would like to thank the IAFCI for their consideration of this Task Force and the United States Attorney’s Office, Western District of North Carolina, Charlotte Division, for working with Commission staff to fight mortgage fraud in North Carolina.
This article came from the October 2016-Vol47-2 edition of the bulletin.