Ten Defendants in Mortgage Fraud Scheme Led by Former Dallas Cowboy Eugene Lockhart and Co-Defendant William Tisdale are Convicted

Each of the following four defendants, all Texas residents, were convicted as follows:

• William Randolph Tisdale, Jr., 46, of Dallas, was convicted on one count of conspiracy to commit wire fraud and one count of bank fraud.
• Hubert Jones, III, 40, of Garland, was convicted on one count of conspiracy to commit wire fraud, one count of bank fraud and one count of wire fraud.
• Lendell Beacham, 52, of Desoto, a mortgage company owner, was convicted on one count of conspiracy to commit wire fraud and one count of wire fraud.
• Scott David Eller, 45, of Mansfield, a CPA, was convicted on one count of conspiracy to commit wire fraud.

The maximum statutory sentence for conspiracy to commit wire fraud is 20 years in prison and a $250,000 fine. The maximum statutory sentence for bank fraud is 30 years in prison and a $1 million fine. The maximum statutory sentence for wire fraud is 20 years in prison and a $250,000 fine.

The below-listed defendants pleaded guilty to their respective roles in the fraud:

• Eugene J. Lockhart, 49, of Carrollton, pleaded guilty to one count of conspiracy to commit wire fraud. If the court accepts the terms of his plea agreement, he faces a maximum sentence of 10 years in prison and a $250,000 fine.
• Patricia Ortega Suarez, 56, of Dallas, an escrow officer, pleaded guilty to two counts of making a false statement to HUD. If the court accepts the terms of her plea agreement, she faces a maximum sentence of 30 months in prison and a $250,000 fine.
• Michael Anthony Caldwell, 50, of Arlington, who was a manager for a title company, pleaded guilty to one count of making a false statement to HUD; he faces a maximum sentence of two years in prison and a $250,000 fine.
• Donna Lois Kneeland, 46, of Grand Prairie, also an escrow officer, pleaded guilty to one count of making a false statement to HUD. She faces a maximum sentence of two years in prison and a $250,000 fine.
• Bryan J. Moorman, 69, of Mesquite, who acted as a real estate appraiser, pleaded guilty to one count of wire fraud. If the court accepts the terms of his plea agreement, he faces a maximum sentence of 27 months in prison and a $250,000 fine.
• Jermaine Frederick Frazier, 38, of Desoto, who acted as a loan processor and lieutenant for Lockhart, pleaded guilty to one count of conspiracy to commit wire fraud. If the court accepts the terms of his plea agreement, he faces a maximum sentence of five years in prison and a $250,000 fine.

Restitution may be ordered; sentencing dates will be set later by an order of the court.