DES MOINES, Iowa (AP) — 4 Iowans have pleaded responsible to collaborating in a mortgage fraud scheme involving small companies. Federal prosecutors introduced Friday that three former executives of Valley Financial institution in Moline, Illinois, and the president of Very important Monetary Companies fraudulently obtained mortgage ensures from the Small Enterprise Administration on behalf of Valley Financial institution debtors. The defendants knew the loans didn’t meet SBA’s necessities for the mortgage ensures. The defendants are Susan McLaughlin of Bettendorf; Michael Slater, of Clive; 43-year-old Andrew Erpelding and 70-year-old Larry Henson, each of Davenport. In all, the defendants efficiently obtained ensures on greater than $9 million in loans and brought about the SBA to lose greater than $4.5 million.