Mortgage Broker Faces Fraud Charges in Connection with Alleged Mortgage Fraud Scheme

SALT LAKE CITY, UT – May 19, 2010 – (RealEstateRama) — A federal grand jury returned a 15-count indictment Wednesday afternoon charging Joshua Lee Butcher, age 28, of Salt Lake City, with bank fraud and false statements to a financial institution in what the indictment alleges was a scheme to get construction loans approved using false pretenses.