PORTLAND (AP) — A former Bend developer who was to start a 10-year prison sentence in connection with a Central Oregon mortgage fraud scheme was arrested last week after his son allegedly confessed he shot his father to delay his incarceration.
The Oregonian reported authorities arrested Shannon Egeland last Thursday in Idaho after the son confessed Egeland asked him to shoot him in the legs in July, a day before he was to report to prison.
Egeland, 40, had told authorities he was shot by a motorist he’d pulled over to assist.
Egeland was vice president of the Desert Sun Development company, which orchestrated tens of millions of dollars in mortgage fraud between 2004 and 2008.
Egeland pleaded guilty to fraud charges; he was one of 12 indicted in the scandal.
The Oregonian reported federal court documents indicate that even before the son’s confession, prosecutors were preparing new insurance fraud charges against Egeland, alleging he bough a “dismemberment” policy a week before the shooting.
A former Grant County resident, Egeland also was a principal figure in a local case involving illegal sale of prescription drugs.
The Oregonian story can be viewed at this link http://bit.ly/1xopWnT online.
– The Eagle contributed to this article.