Cook Co. worker, couple charged with mortgage fraud
By Casey Toner email@example.com January 15, 2014 9:12PM
Updated: February 17, 2014 8:48AM
The owner of a Chicago Ridge towing business, his spouse and a clerk at the Cook County courthouse in Bridgeview are accused of defrauding a bank of more than $100,000 in a mortgage scheme.
Issa Tardos and his wife, Semar Jebreen, both of 10441 Nashville Ave., Chicago Ridge, and Hiam Nissaneh, 7148 W. 99th St., Chicago Ridge, are charged with felony financial institution fraud and conspiracy to commit a financial crime.
Tadros and Jebreen also face loan fraud and forgery charges in connection with trying to obtain a mortgage from another bank.
The three pleaded not guilty to the charges Jan. 7 and are next due in court Jan. 29 at the Bridgeview courthouse.
Tadros, who owns Ridgeland Towing and Roadside Services, called the criminal charges a “waste of taxpayer money. After all the facts are out, I’m sure we will be vindicated completely.
“It’s just a shame to see the (Illinois) attorney general going after a man and his wife,” he said. “We fell on hard times, we sold our house. Instead of going after the big bankers, (the attorney general) is going after the little guy.”
Nissaneh, who works in the circuit court clerk’s office at the courthouse, could not be reached for comment.
The indictment says that between April 5, 2007, and April 5, 2010, Tadros and Jebreen stopped making mortgage payments to PNC Bank for a house at 10447 Forest Lane, Chicago Ridge, although they had money to make the payments.
They entered into a short sale agreement with Nissaneh but failed to disclose a relationship with Nissaneh, who’s the girlfriend of Tadros’ father, Nabeel Tadros, according to the indictment.
It says Nissaneh used as earnest money and to make some mortgage payments money that she received from Nabeel Tadros.
The indictment alleges that Nissaneh later placed the house into a land trust in which Nabeel Tadros had a beneficial interest and Issa Tadros had a conditional beneficial interest.
Issa Tadros and Jebreen allegedly also schemed to defraud National City Bank of more than $100,000 by submitting false information in applying for a Federal Housing Administration mortgage, including phony pay stubs to show they were employed and intended to reside at 10447 Forest Lane.