HOUSTON – A United State’s Secret Service most-wanted fugitive was captured Wednesday morning in Houston, the agency said.
Edward Lee Waddell, 47, was placed on the U.S. Secret Service Most-Wanted Fugitives list in June 2009 and was also featured on America’s Most Wanted.
Investigators said Waddell received more than $500,000 from a scheme, which resulted in more than $1 million in losses to mortgage lenders, and that he was wanted for wire fraud, conspiracy to commit wire fraud and conspiracy to commit money laundering.
Waddell had been a fugitive since he was indicted by a federal grand jury in March 2009 on eight counts of wire fraud, conspiracy to commit wire fraud as well as conspiracy to launder funds, investigators said.
Secret Service investigators said they noticed Waddell’s vehicle had been re-registered and updated for tax purposes in Harris County and determined that Waddell had arranged for another individual to change the tax registration. That individual provided investigators with additional information that led Secret Service agents to Waddell’s residence.
Agents from the Secret Service Houston Field Office executed an
arrest warrant at Waddell’s apartment with assistance from the Houston Police Department and the Harris County Sherriff’s Office.
Waddell faces up to five years in federal prison for the conspiracy to commit wire fraud charge, and up to 20 years for the conspiracy to commit money laundering charge and the six counts of wire fraud.