This week, a woman from Albany pled guilty to wire fraud in connection with a scheme to obtain car loans and mortgage under false pretenses. 48-year-old Bobbi A. Constantine, who is formerly known as Robert Bove, pleaded guilty to obtaining loans while pretending to be a beneficiary of a $12 million trust. The defendant admitted that from October 2014 to July 2016 she obtained mortgages and automobile lease financing from lenders under false pretense.
Constantine used fictitious trust documents to convince an attorney into providing her with a letter confirming she was the beneficiary of a trust generating an annual income of more than $50,000. The defendant also impersonated a fake administrative trustee of the trust. Thanks to the fraudulent trust documents and the attorney’s letter, Constantine was able to obtain leasing for a Toyota RAV4 and a Jeep Renegade.
The defendant also obtained mortgages to purchase a $200,000 home in Albany and a $131,000 condo in Myrtle Beach, South Carolina. Constantine was sentenced for making false statements in connection with her employment application with the United States Postal Service in May 2016. She has more than twenty prior convictions, including convictions for fraud. On her employment application, she claimed that she had never been convicted of a crime.
Constantine is now scheduled to be sentenced on December 22, 2017. She will face a maximum of 30 years in prison along with a maximum fine of $1 million. Additional details can be found here.