A former employee of the District of Columbia Housing Authority who later became a real estate developer has pleaded guilty to federal charges — stemming from a yearslong scheme to secure millions of dollars in financing from private mortgage lenders.

The announcement was made by the office of Jeanine Pirro, the U.S. Attorney for the District of Columbia.

Richard Cunningham, 55, of the District of Columbia, pleaded guilty Wednesday in U.S. District Court to making false statements to a mortgage lending business. He faces a maximum sentence of 30 years in prison and a fine of up to $1 million details ⇒

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