WILLIAMSBURG, Va. (WAVY) — A Williamsburg attorney was arrested Friday on an indictment charging her in a timeshare scheme that resulted in a loss of $1.3 million.
According to court documents, 43-year-old Deborah M. Wagner participated in the scheme with Keith Kosco, Julie Duffield, Brendan Hawkins and others.
Court documents show that from at least 2009 – 2013, Kosco, Duffield, Hawkins, and their employees conducted fraudulent transfers of over 1,000 timeshare units into the names of stolen identities. Wagner participated in the scheme from 2011 – 2013 working with both Kosco and Hawkins and their respective companies. It is alleged that she transferred many timeshare units into the names of stolen identities and straw owners, resulting in hundreds of thousands of dollars in losses to the affected resorts due to lost maintenance fees and taxes.
Kosco owned and operated a number of entities involved in travel, tourism and timeshare businesses including Resort Realty, Inc., Resort Solutions, Inc., and Exotic Equity Transfers, LLC (EET). Hawkins owned and operated another timeshare transfer business known as GoodBye Timeshares.
Julie Duffield pleaded guilty and was sentenced to 26 months in prison and ordered to pay restitution, jointly with Kosco, in excess of $740,000. Kosco pleaded guilty and was sentenced to 74 months in prison. In a related case, Brendan Hawkins pleaded guilty and was sentenced to 46 months in prison and ordered to pay more than $500,000 in restitution.
Wagner faces a maximum penalty of 20 years in prison if convicted on each of the mail and wire fraud counts and a mandatory minimum term of 24 months in prison on the aggravated identity theft charges.