Blog Profile / Mortgage Fraud Blog


URL :http://www.mortgagefraudblog.com/
Filed Under:Real Estate / Real Estate Industry News
Posts on Regator:1809
Posts / Week:4.1
Archived Since:March 20, 2008

Blog Post Archive

Clear Title, Sell House, Plead Guilty

Veronica Washington was charged by information in the U.S. District Court for the District of Columbia and plead guilty to conspiracy to commit bank fraud. According to the information, Washinton purchased residential real estate at 123 57th Street SE, Washington D.C. on February 20, 2008 and obtained two mortgage loans for approximately $470,000 total from SunTrust […]

Fraudulent Documents Basis of Vermont Indictment

Alison Gu, a/k/a “Alison Ling,” “Ally Koo,” “Ai J. Chen,” “Ai Jen Chen,” “Ai Chen,” “Jing Shao,” “Yijing Gu,” “Yijing Lin,” “Alison Yi Gu,” was indicted by a federal grand jury in Vermont on June 16 2016 and charged with bank fraud, false statements and fraud with identification documents. According to the indictment between March […]

Former Pastor Convicted of Mortgage Fraud

Nelson Cristiano Machado, Jr. 50, Bradenton, Florida, was found guilty of three counts of wire fraud by a federal jury. He faces a maximum penalty of 30 years in federal prison on each count. His sentencing hearing is scheduled for September 26, 2016. According to evidence presented at trial, Machado knowingly participated in a scheme […]

Indictments in HUD Flipping Scheme

Sergio Garcia, Sr., 46, Chicago, Illinois and Sergio Garcia, Jr., 27, Lowell, Indiana were indicted by a federal grand jury and charged with conspiracy to commit mail fraud and ten substantive counts of mail fraud.  The indictment also charges Timothy D. Show More Summary

False SCRA Claims Lead to Indictment and Guilty Plea

David Bernier, 52, Fort Lauderdale, Florida, pled guilty to a federal charge stemming from a scheme in which he forged military records and made false statements in an attempt to collect over $700,000 under a federal law meant to protect active duty military members from suffering losses through mortgage foreclosures. The scheme involved Bernier’s claims that he […]

Former Connecticut Assembly Member Pleads Guilty to Mortgage Fraud

Victor Cuevas, 52, Bristol, Connecticut, was charged by information and pleaded guilty before U.S. District Judge Jeffrey A. Meyer in New Haven, Connecticut, to conspiring with others to commit bank fraud in connection with his home mortgage loan applications. According to court documents and statements made in court, in the summer of 2013, Cuevas, a City of Waterbury […]

Two Year Prison Sentence for Fraudulent Loans

Samuel R. VanSickle aka Donald Blunt, aka Jacob Aiken, aka Paul Walsh, aka William Hall, Attorney, 52, Accident, Maryland was sentenced to two years in prison followed by five years of supervised release for conspiring to commit bank fraud arising from three fraudulent bank loans in which VanSickle received proceeds from the sale of real property in Garrett […]

Loan Officer Indicted in false disbursement scheme

Mayory Calvo, 34, Doral, Florida was indictedand charged with one count of mortgage fraud conspiracy, two counts of bank fraud, and one count of loan and credit application fraud. If convicted, she faces a maximum penalty of 30 years in federal prison on each charge.  The indictment also notifies Calvo that the United States is seeking […]

Advance Fee Scheme Results in Prison Sentence

Robert E. O’Connor, 68, Florida, formerly of Beverly, Massachusetts, was sentenced by U.S. District Judge Richard G. Stearns to 29 months in prison, three years of supervised release and was ordered to pay restitution of $627,581, in connection with an fraud scheme involving 75 victims throughout the United States, including many in Massachusetts..  In June […]

Mortgage Payment by Fraudulent Instrument Results in Indictment

Leigh Fiske, 52, formerly of Tampa, Florida, was indicted and charged with two counts of bank fraud. If convicted, he faces a maximum penalty of 30 years in federal prison on each count. According to the indictment, Fiske submitted two fraudulent financial instruments to the servicer and the bank trustee of a mortgage that he […]

Mortgage Broker Pleads Guilty in Florida Condo Conversion Scheme

Jason Martin, 36, Orange County, California, pleaded guilty to mortgage fraud conspiracy involving bank and wire fraud. He faces a maximum penalty of 30 years’ imprisonment. A sentencing date has not yet been set. According to court documents, in 2005, entities controlled by co-conspirators entered into a contract to purchase The Arbors, an apartment complex in […]

Former Bank Manager Sentenced

Arthur Samuels, 41, Mattapan, Massachusetts, a former bank manager was sentenced to one year and one day in prison, two years of supervised release, and was ordered to pay restitution of $2,229,492 in connection with a multi-year, multi-property mortgage fraud scheme in Dorchester, Massachussetts.  In 2012, Samuels pleaded guilty to four counts of wire fraud and […]

Real Estate Renovator Pleads Guilty to Mortgage Fraud

Michael Gerard Camphor, 60, of Baltimore, Maryland, pleaded guilty to charges arising from the fraudulent purchase of four properties in Baltimore, Maryland, using fraudulent loan documentation and straw purchasers, resulting in losses of over $736,000. Show More Summary

False Financial Statements Underlie Indictment of Developer and Accountants

John D. Harrison, Jr., 53, Greenwood, South Carolina, Henry A. Dorn, 63, Greenwood, South Carolina, Kevin Dempsey, 45, Greenwood, South Carolina, and C. Jody Hazel, 42,Greenwood, South Carolina, pled guilty in federal court in Greenville,...Show More Summary

Jury Convicts Mortgage Modification Fraudster

Dionysius Fiumano, also known as “D,” 43, Irvine, California, was found guilty in Manhattan federal court of orchestrating a massive mortgage modification scheme through which he and his co-conspirators defrauded more than 30,000 American homeowners out of a total of approximately $31 million.  Fiumano was convicted of one count of conspiracy to commit wire fraud […]

Manipulated HUD-1s Result in Indictment of 3 Businessmen

Daniel C. Bomar, 36, Ocean Springs, Mississippi, James B. Wright, 55, Ocean Springs, Mississippi, and Brett T. Immel, 35, Chicago,  Illinois, were indicted by a federal grand jury on April 14, 2016, and charged with conspiracy to commit bank fraud and conspiracy to commit money laundering in the Eastern District of Texas. According to the indictment, […]

Disbarred Illinois Lawyer Sentenced to 4 Years in Prison for Mortgage Fraud

Avalon, Betts-Gaston, 47, Naperville, Illinois, a disbarred Illinois lawyer, was sentenced to more than four years in federal prison for her role in a mortgage fraud scheme that bilked lenders and vulnerable homeowners out of more than...Show More Summary

Another Bolger Conspirator Takes a Plea

Gary Hughes, 36, San Diego, California, pled guilty to one count of mortgage fraud conspiracy involving bank fraud. He faces a maximum penalty of 30 years’ imprisonment. According to the plea agreement and court proceedings, in 2005, entities controlled by co-conspirators entered into a contract to purchase The Arbors, an apartment complex in Hillsborough County, Florida. […]

Indictment in Foreclosure Rescue Scheme Using Straw Borrowers

Sergio Roman Barrientos, 62, Poway, California, was indicted by a federal grand jury in a six-count superseding indictment that charged both Barrientos and Zalathiel Aguila, 42, Fairfield, California. According to the indictment, Barrientos,...Show More Summary

18 Years in Timeshare Consulting Scam

Ian Resnick, 41, Abescon, New Jersey was sentenced to 18 years in prison for his role in a $3 million conspiracy to scam customers by offering phony consulting services to owners of timeshares through the New Jersey-based Vacation Ownership Group LLC.  Resnick was previously convicted in September 2013 of one count of conspiracy to commit mail […]

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