The Federal grand jury in Tucson brought fraud charges against Daniel Jarrett Ridlinghafer, owner of Psalm 112 LLC, for orchestrating a scheme defrauding homeowners and credit unions. Ridlinghafer is facing 11 counts including Bank Fraud, Wire Fraud, and Mail Fraud based on fraudulent contracts signed with at least 25 homeowners and two federally insured credit unions, as announced by the U.S. Attorney’s Office on August 22.