Dr. Chloe Douett Pleads Guilty in $600M Mortgage Fraud

Dr. Chloe Douett pleaded guilty to a multimillion-dollar fraud scheme involving fake identities and forged documents. She deceived banks in Jamaica out of approximately $600 million through fraudulent mortgage transactions. The court convicted her on multiple charges, including conspiracy to defraud and possession of identity information. Douett operated with three other accused, and the fraud scheme lasted around 14 months, starting in January 2023. Public awaits the trial judge's decision on her penalty following the conviction.