Madison County: Favara Anderson Indicted for Mail, Wire Fraud

Madison County: Favara Anderson Indicted for Mail, Wire Fraud

Madison County Woman, Christine Favara Anderson Indicted for Mail Fraud, Wire Fraud

CHARLOTTESVILLE, VA (STL.News) A federal grand jury returned an indictment yesterday charging a Madison, Virginia woman with nearly a dozen counts of fraud related to a scheme in which she took money from victims while purporting to have terminal cancer, vast wealth, and connections to celebrities.

According to court documents, starting in 2014, Christine Favara Anderson, 51, of Reva, Va., owned and operated the publishing companies known as Christine F. Anderson Publishing and Media (CFA) and Sage Wisdom.  Anderson took money from book authors but later failed to pay the authors their royalties as owed and did not provide products and services as negotiated.  In addition, Anderson often falsely claimed to have been diagnosed with cancer to delay payment to the book authors, while also purporting to maintain vast wealth.

In addition to the alleged book publishing scheme, Anderson is also charged with orchestrating a real estate scheme where she signed contracts for expensive real estate, provided false proof of funds, and then was unable to provide the earnest money deposits.  Often, Anderson would sign bad checks for the earnest money deposits, which would never clear. 

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Author: Waqar Nawaz