SALT LAKE CITY — Three Salt Lake County residents face more than two dozen criminal charges in connection with an alleged $3 million mortgage fraud scheme.

A federal grand jury issued a 28-count indictment Wednesday against Brian Goff, Golden Jansen Meier and Kevin Michael Prowell. Charges include bank fraud, making false statements, money laundering and failure to file and filing false tax returns.

Goff owned Sandy-based Predictive Dialers and Anaconda Construction. Meier owned Elite Appraisals and GM Appraisals in Salt Lake City. Prowell owned a South Jordan real estate and management firm called Malibu Equity Group.

From 2005 to 2007, the trio allegedly conducted false appraisals to inflate home prices and obtain loans from America West Bank using straw buyers.

"The defendants and their co-schemers obtained more than $3 million in loans through these deceitful practices," according to the indictment.