Texas Loan Broker Sentenced for $10 Million Fraud Scheme Involving Forged Documents

A Dallas loan broker, Kwanghee Ahn, has been sentenced to 58 months in prison after pleading guilty to conspiracy to commit bank fraud. Ahn was involved in a multi-year scheme that resulted in more than $10 million in loans and credit obtained through the use of forged documents.

According to the U.S. Attorney’s Office for the Northern District of Texas, Ahn and her co-conspirators created fake IRS tax filings, pay stubs, and employment records to deceive multiple banks in North Texas between 2014 and 2016. U.S. Attorney Ryan Raybould stated, “This was not a victimless paperwork scheme,” emphasizing the impact of their actions on the financial markets and the trust of consumers.

Ahn, who fled the United States in 2017, was arrested in South Korea in September 2025 and subsequently transferred to U.S. custody. In addition to her prison sentence, she has been ordered to pay over $8.3 million in restitution.