- Associated Press - Tuesday, April 15, 2014

HACKENSACK, N.J. (AP) - A northern New Jersey woman and her adult daughter face money laundering charges stemming from an alleged loan modification scheme.

Bergen County prosecutors said Tuesday that 54-year-old Anna Lee of Englewood Cliffs allegedly took $300,000 in payments from several clients for loan modification services, including attorney fees, escrow funds and processing fees.

They say she then used the money for personal expenditures, causing several victims’ properties to go into foreclosure.

Authorities say Lee laundered the money through her company, Donche Consulting Corp. Her 25-year-old daughter, Jennifer Lee, allegedly laundered some of the funds through her personal bank accounts.

Both women were arrested Monday, and each was being held on $75,000 bail. It was not known if either had retained a lawyer.


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