|Filed Under:||Real Estate / Real Estate Industry News|
|Posts on Regator:||3598|
|Posts / Week:||9.8|
|Archived Since:||March 20, 2008|
Victor Patela, Newark, New Jersey, a police officer, was sentenced to 48 months in prison for his role in a conspiracy to commit bank fraud, bank fraud, two counts of loan application fraud, and bank bribery.
Mark Murphy, 47, Williamstown, New Jersey, was charged by information with participating in a mortgage fraud conspiracy involving more than 100 properties and more than $20 million in fraudulent loan proceeds.
Nicholas Lindsey, 40, Billings, Montana, following a six-day jury trial, was convicted of nine counts of wire fraud and one count of aggravated identity theft for his role in a mortgage fraud scheme.
Ronnie Edward Duke, 45, Fenton, Michigan, was sentenced to 13 years in prison in connection with a multi-million-dollar mortgage fraud conspiracy.
Robert Mikail, 40, and Ging-Hwang "Felicia" Tsoa, 58, both of Ashburn, Virginia, have been charged with conspiracy and bank fraud charges related to their alleged roles in a $20 million mortgage fraud scheme involving more than 35 homes.
Baljit Singh, 47, and Sharanjit Kaur, 36, both of Fresno, California, were sentenced by United States District Judge Lawrence J. O'Neill sentenced for conspiring to commit mail and wire fraud.
Kenneth Egri, 55, Charlotte, North Carolina, and Dean Huffman, 57, formerly of Charlotte, were sentenced to lengthy prison terms for their role in a mortgage fraud conspiracy that primarily targeted neighborhoods in Union and Mecklenburg counties, North Carolina.
John J. Doran, 63, Niantic, formerly of Deep River, Connecticut, pleaded guilty before United States Magistrate Judge Donna F. Martinez in Hartford to one count of making false statements to influence a bank in connection with a mortgage application.
Fred Stevens, 56, Easton, Connecticut, was sentenced by United States District Judge Janet C. Hall in New Haven to 12 months and one day of imprisonment, followed by three years of supervised release, for his role in a Fairfield County mortgage fraud scheme.
Linda Kay Miller, 51, Alma, Kansas, has been sentenced to two years federal probation and ordered to pay a $5,000 fine for mortgage fraud.
Golden First Mortgage Corp., and its owner, operator, and president, David Movtady, are the subjects of a civil mortgage fraud lawsuit.
Reginald R. Harper, 59, Hammond, Louisiana, and Troy A. Fouquet, 45, Covington, Louisiana, were sentenced by U.S. District Judge Nannette Jolivette Brown for conspiracy to commit bank fraud.
Jon C. Cooper, 64, Washington, D.C., was indicted by a federal grand jury on charges that he filed a false tax return concealing embezzled income, and committed mortgage fraud, among other alled crimes.
Kenneth Koehler, 43, Baltimore, Maryland, was sentenced to 18 months in prison followed by two years of supervised release for conspiracy to commit wire fraud in connection with a mortgage fraud scheme in which fraudulent loans were obtained on six properties, all of which subsequently went into foreclosure.
James Gordon Fields, 47, whose last known address in unknown, a man who was a fugitive for more than a year, pled guilty in the United States District Court for the Western District of Virginia in Lynchburg to a variety of fraud charges.
Joon Park, a/k/a Joon Pak, and Joon Paik, 43, Falls Church, Virginia, pleaded guilty to conspiracy to commit bank fraud, in connection with a scheme to fraudulently obtain business loans.
Dwayne Stewart, 41, West Philadelphia, Pennsylvania, has been charged with stealing five properties in the City and County of Philadelphia, theft from at least 12 additional victims in fraudulent real estate scams and passing bad checks to victims including the City of Philadelphia Recorder of Deeds Office.
Rashika J. Moon, 42, Carneys Point, New Jersey, was charged by information with participating in a mortgage fraud conspiracy involving more than 100 Philadelphia properties and more than $20 million in fraudulent loan proceeds.
Gloria Arias, 44, Weston, Florida, pleaded guilty to making material misrepresentations to a financial institution. Arias faces a maximum penalty of 30 years in federal prison for her involvement in this mortgage fraud offense.
Quincy Dynell Harrington, Corinth, Texas, has been sentenced for his role in a mortgage fraud scheme.