A Wood County man has been charged in U.S. District Court with conspiracy to commit bank fraud and filing false tax returns.

Nicholas W. Bradley, 34, of Haskins was accused in a bill of information with devising a scheme to obtain home mortgage loans for residential rental properties he purchased in Toledo by representing false purchase prices to lenders between 2006 and 2008.

“The true purchase price was represented by an ‘addendum’ to the real estate purchase contract lowering the sales price to the mortgage lender,” the information states. “The ‘addendums’ were signed near the time of closing and were concealed from the lenders,” who then approved loans for as much as 135 percent of the home’s value.

The “addendum” loans were made by Fremont Investment & Loan, Wells Fargo, Huntington Bank, Ohio Savings Bank, Bank of America, J.P. Morgan Chase, N.A., IndyMac Bank, National City Bank, Flagstar Bank, Fifth Third Bank, Old Fort Banking Co., and First Franklin, court documents state.

First Published January 15, 2015, 5:00 a.m.