A federal grand jury in Cleveland returned an indictment charging Diana Geoffrion, age 55, of Cleveland, with six counts of wire fraud related to a $100,000 scheme involving a property in Willowick, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio.
Geoffrion was employed by First American Exchange Company, LLC, in its Cleveland office from 2001 through January 2011. In February 2009, she executed a land contract on property at 722 East 305 Street, Willowick, Ohio, 44095, according to the indictment.
She then tried to fraudulently pay off the mortgage and note on the property with First American funds in late 2010, and embezzle and divert additional First American funds for her own benefit, according to the indictment.
Each of the six counts corresponds with a separate transaction, which totaled approximately $101,982.
The indictment results from an investigation conducted by the Federal Bureau of Investigation. The case was presented for indictment by Assistant United States Attorney James V. Moroney.
If convicted, the defendant’s sentence will be determined by the court after review of
factors unique to this case, including the defendant’s prior criminal record, if any, the defendant’s
role in the offense and the characteristics of the violation. In all cases, the sentence will not
exceed the statutory maximum and in most cases it will be less than the maximum.
An indictment is only a charge and is not evidence of guilt. A defendant is entitled to a
fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.
Source: U.S. Department of Justice, Office of the United States Attorneys
