Blog Profile / Mortgage Fraud Blog

Filed Under:Real Estate / Real Estate Industry News
Posts on Regator:1900
Posts / Week:4
Archived Since:March 20, 2008

Blog Post Archive

Real Estate Agent Charged with Fannie Mae REO Fraud

Spenser Iatridis, 30, Scottsdale, Arizona, was charged by Information with Conspiracy to commit mail and wire fraud on August 26, 2016 in the United States District Court for the District of Arizona. According to the Information, Daphne Iatridis aka Daphne Trilling, aka Daphne Telles, 57, Scottsdale Arizona has been a real estate agent in Phoenix, Arizona for […]

Incentive Based Deals Result in Criminal Charges Against Buyer

Maria Del Carmen Rodriguez, Miami, Florida was charged by Information with Conspiracy to Commit Bank Fraud on August 29, 2016 in the United States District Court for the Southern District of Florida. According to the Information, at least as early as January 2007, Juan Carlos Sanchez, operating Homefirst Realty Group, Inc., began marketing the Marina […]

Criminal Complaint Filed in Short Sale Transaction

Naum Morgovsky was named in a criminal complaint filed in the United States District Court for the Northern District of California on August 24, 2016, alleging that he committed bank fraud in violation of 18 U.S.C. Section 1344. The Affidavit in Support of the Criminal Complaint alleges that, in 2009 and 2010, Morgovsky used the name Gary […]

Indictment Alleges Servicer Diversion of Borrower Payments

Robert Pena, 67, the president and founder of the now-defunct mortgage company, Mortgage Security, Inc. (MSI), a Falmouth, Massachusetts mortgage company was indicted on conspiracy and wire fraud charges in connection with and alleged scheme to defraud the Government National Mortgage Association (Ginnie Mae) out of nearly $3 million. Show More Summary

Indictment for Fake Mortgage Release

David Tyrone Johnson, 48, Washington, D.C. was indicted on charges that he conspired to commit bank fraud and other crimes arising from a real estate scheme involving a forged mortgage satisfaction document. Johnson was named in a six-count indictment that was returned on August 9, 2016. He is charged with federal violations of conspiracy, bank fraud, wire […]

Fake Law Firm Modification Scheme Nets Guilty Plea

Bryan D’Antonio, 50, Brea, California, pled guilty one count of conspiracy to commit mail and wire fraud related to his role as the owner and operator of a multi-million dollar fraudulent mortgage modification scheme that posed as a successful law firm to defraud struggling homeowners.  D’Antonio was the owner and operator of Rodis Law Group (RLG) and America’s […]

Failing to Disclose Concurrent Purchases Basis of Indictment

Jamie Hollingsworth and Chris Young were indicted in the United States District Court for the District of South Carolina and charged with conspiracy to make false statements on loan applications. The indictment also seeks forfeiture. According to the indictment: Hollingsworth, a real estate agent, decided to purchase three separate residential properties on the Isle of […]

South Carolina Real Estate Broker Pleads Guilty in Fraud Scheme

Luis Francisco Moreno, Greer, South Carolina, was charged by information in the U.S. District Court for the Middle District of North Carolina and pled guilty to two counts of bank fraud and one count of conspiracy to commit bank fraud. According to the Information, Moreno was a licensed real estate broker and real estate developer.  Moreno was experiencing […]

Jury Convicts California Woman In Straw Buyer Fraud

Alla Samchuk, 45, Roseville, California, was found guilty in a mortgage fraud scheme involving three properties after a four day jury trial in Sacramento, California.  Samchuk was convicted of six counts of bank fraud, six counts of making a false statement to a financial institution, one count of money laundering, and one count of aggravated identity theft. […]

Judge says convicted Utah scamster addicted to defrauding others | The Salt Lake Tribune

A convicted fraudster who got out of prison early after completing a drug addiction program was sent back for 2½ more years on Tuesday by a judge who said he was addicted to defrauding people. U.S. District Judge Ted Stewart sent Christopher D. Hales, 35, back to prison for 30 months for violations of his […]

Bid Rigging Guilty Plea

James R. Patterson Jr., a real estate investor, plead guilty for his role in bid-rigging and fraud conspiracies committed at public real estate foreclosure auctions in Georgia.  Patterson admitted that he agreed with other real estate investors to rig auctions of foreclosed homes in Gwinnett County from May 2007 until at least November 2011.  According to […]

Two charged in Deschutes County real estate, mortgage fraud scheme | News – Home

A Deschutes County grand jury has indicted two people on several charges in connection with significant mortgage and rental fraud schemes, District Attorney John Hummel said Wednesday. Mark Franklin Broeg, 59, was arrested Tuesday in Lane County on seven felony counts including racketeering, mortgage fraud, and other theft-related charges, Hummel said in a news release. […]

Mortgage Broker Sentenced to Two Years In Federal Prison

Sultana Siddiqui, a/k/a Sultana Ahmad, 56, North Potomac, Maryland, was sentenced to two years in federal prison, followed by three years of supervised release, for conspiring to commit wire and mail fraud arising from an investment fraud scheme. Show More Summary

Former state office candidate admits mortgage scam, faces 3 years in prison |

Former state Senate and Assembly candidate Bruce Alston faces up to three years in prison and $133,500 in restitution after pleading guilty today to theft by deception stemming from a 27-count indictment alleging a sophisticated mortgage fraud scheme. Source: Former state office candidate admits mortgage scam, faces 3 years in prison |

Ex-appraiser sentenced to 6 years for mortgage fraud | TribLIVE

A Shaler man whose original eight-year sentence was overturned by a federal appeals court was sentenced Monday to six years in prison for his role in a multimillion dollar mortgage fraud scheme. A Pittsburgh federal jury convicted Jason Moreno, 33, on five counts of wire fraud and two counts of conspiracy in September 2013. Source: […]

Alleged Fraudster Used DOL OIG’s Digital Signature on Fake Transcript

Edgar Avila aka Michael Mendez aka Michael Edgar Avila-Mendez, aka Michael AvMen was indicted on one charge of mail fraud and one charge of bank fraud in connection with two separate fraud schemes. According to the affidavit in support of the arrest warrant, in January 2014, Avila submitted a loan application to purchase a residence […]

Contractor Indicted for Providing False Lien Affidavits to Lender

Michael P Kennedy was indicted by a Kentucky grand jury and charged with one count of bank fraud. Kennedy was part owner and manager of Kennedy Homes LLC, Fort Mitchell, Kentucky, which contracted to construct new homes in the Northern Kentucky and Cincinnati Ohio areas. The indictment alleges that, in January 2011, Kennedy Homes, entered into a construction […]

Title Company Owner Indicted in $13M Fraud

George Barnard, 45, Newtown Square, Pennsylvania, was indicted and charged with 24 counts of wire fraud, four counts of bank fraud, and three counts of filing a false tax return.  The indictment alleges that Barnard, who from 2005 to March 2013 was one of the two owners of Capital Financial Mortgage Corporation (“CFMC”), based in Delaware […]

Straw Buyer Mortgage Fraud = 21 Year Sentence for Guyanese National

Ravindranauth “Ravi” Roopnarine, 56, Guyana, was sentenced by United States District Judge Jose E. Martinez to 262 months in prison, following his conviction by a federal jury on charges stemming from his leadership and participation...Show More Summary

Ringleader of Loan Modification Scheme Sentenced to 9 Years in Prison

Aria Maleki, 33, Santa Ana, California, was sentenced to 112 months of imprisonment, followed by three years of supervised release, for heading a mortgage loan modification scheme that defrauded more than 1,000 struggling homeowners across the United States. Show More Summary

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