Jerome Walter Kiggundu Found Guilty of Mortgage Fraud
After being convicted of fraudulently borrowing nearly $3 million to refinance a downtown Augusta apartment complex before seeking bankruptcy protection when facing foreclosure, an Augusta man faces up to three decades in jail. After a two-day trial in U.S. District Court, Jerome Walter Kiggundu, 37, the registered agent and controlling member of Nakaddu LLC, a/k/a Kiggun Properties LLC, was found guilty of bank fraud, bankruptcy fraud, and false statements under oath. Kiggundu faces a maximum term of 30 years in jail, as well as significant penalties and reparations, as well … Read more