Criminal Action Pursued against Kawana Latrell Melvin on Behalf of the Georgia Department of Banking and Finance Results in a Plea to Two Felonies

November 5, 2009


Atlanta, Georgia ~
On October 19, 2009, Kawana Latrell Melvin entered a first offender plea in the Superior Court of Clayton County to felony charges that she unlawfully transacted mortgage business without a license, registration or under an applicable exemption; and made a false statement with respect to her eligibility to work in the Georgia residential mortgage industry.

The Georgia Department of Banking and Finance (“Department”) referred this matter to the State Attorney General’s Office after learning that in violation of a final Order to Cease and Desist, she continued to work a as mortgage loan processor for a residential mortgage licensee. In conjunction with doing so, Ms. Melvin used a false document purportedly written by the Commissioner of the Department that provided that she was not prohibited from engaging in residential mortgage activities.

Pursuant to the plea entered by Ms. Melvin to these two felonies, she has been placed on probation for a period of three years and must pay a fine in the amount of $2,000.00. Further, while she is on probation, Ms. Melvin is prohibited from obtaining employment in any real estate or mortgage business and cannot apply for or obtain professional licenses in either of these industries.


Contact

Rod Carnes
Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371
E-mail: rodc@dbf.state.ga.us

 

The Department has regulatory and/or licensing authority over state-chartered banks, credit unions, trust companies, mortgage brokers, mortgage lenders, mortgage processors, check cashers, sale of check companies, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia.  Visit us on the Web at: http://dbf.georgia.gov/

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Related Files: 
PDF icon Indictment Plea (197.84 KB)