In the State Bar Journal the California State Bar announced that its loan modification task force obtained the resignations of three more California attorneys as a result of misconduct related to their loan modification activities. It also placed another attorney on inactive status, charging his work poses [...]
In the following press release the Santa Clara County (CA) District Attorney annouced that at arraignment this week, 42-year old Lawrence Maschino pleaded guilty to charges including writing checks with insufficient funds, using a victim’s personal information without authorization, and grand theft of personal property over $400. In addition, [...]
Oakland, CA - Press Release
A federal grand jury has returned a 53 count indictment charging seven individuals with conspiracy to commit wire fraud, wire fraud, and money laundering for their roles in a mortgage fraud scheme that involved more than 100 properties in Northern California, United States Attorney Joseph P. [...]
In the following press release the United States Attorney’s Office for the Central District of California announced that the former director of sales for a Colorado real estate company that built luxury homes throughout the state agreed in court papers filed today to plead guilty to a federal conspiracy [...]
In the following press release Michael W. Reap, Acting United States Attorney for the Eastern District of Missouri announced that Susan Feaman, formerly of Perryville, Missouri, has pleaded guilty to charges of interstate transportation of stolen property and identity theft.
On March 6, 2006, a detective [...]
In the following press release Thomas E. Moss, United States Attorney for the District of Idaho announced that Reed J. Bowen, Jr., 50, of Meridian, Idaho, pled guilty today in United States District Court in Boise to one count of bankruptcy fraud.
Bowen admitted that in 2004, he committed a [...]
In the following press release Thomas F. Kirwin, United States Attorney for the Northern District of Florida, today announced the November 9, 2009 sentencing of former Dixie County Building and Zoning Inspector, Willie “Billy” Keen, Jr. (60) to 78 months in prison for federal program fraud, conspiracy, bribery, and [...]
Robin Lewis-Ivy, a licensed real estate agent in Maryland, was sentenced today for her role in an extensive mortgage fraud scheme involving properties in the District of Columbia and Maryland, announced Acting U.S. Attorney Channing D. Phillips, Special Agent in Charge Ava A. Cooper-Davis of the Washington Field Division, [...]
In the following press release Channing D. Phillips, Acting United States Attorney for the District of Columbia announced that a Maryland man, Mark D. Blunt, was sentenced today to 41 months in prison on charges of conspiracy to defraud banks and mortgage lenders. The U.S. Attorney was joined by [...]
In the following press release Bergen County (NJ) Prosecutor John L. Molinelli announced the arrest of Michael P. Rumore, [pictured below] 328 Travers Place, Lyndhurst, New Jersey 07071, on November 6, 2009.
The charges are the result of an investigation by members of the Bergen County Prosecutor’s Office White Collar [...]
In the following press release the Santa Clara County (CA) District Attorney annouced that at arraignment this week, 42-year old Lawrence Maschino pleaded guilty to charges including writing checks with insufficient funds, using a victim’s personal information without authorization, and grand theft of personal property over $400. In addition, Mr. [...]
In the following press release Daniel G. Bogden, United States Attorney for the District of Nevada announced that a former Las Vegas resident has been charged with federal conspiracy and fraud charges for his involvement in a Nevada mortgage fraud scheme involving straw buyers and falsified mortgage loan documents, [...]
In the following press release Michelle L. Jacobs, United States Attorney for the Eastern District of Wisconsin announced that, today, the grand jury returned an indictment charging Jeffrey D. Stadelmann (age: 47), formerly of Menomonee Falls, Wisconsin, with wire fraud in connection with an investment fraud scheme he is [...]
In the following press release the Office of the United States Attorney for the District of Arizona announced that Jeffrey Todd Crandell, 33, of Mesa, Ariz., pleaded guilty on November 9, 2009, to six counts of Bank Fraud for his role in a mortgage fraud scheme. Sentencing will take [...]
In the following press release it was annouced that a federal grand jury here [Dayton, OH] has indicted James L. Mack, 64, a former loan officer at the Centerville branch of Republic Bank, Walter A. Millat, 70, and his son William E. Millat, 49, all of Dayton, charging the [...]
In the following press release Queens District Attorney Richard A. Brown today announced that a Flushing man has been charged with second-degree attempted grand larceny, second-degree criminal possession of a forged instrument and other charges for allegedly forging the signature of a man whose home had been foreclosed on [...]
In the following press release Florida Attorney General Bill McCollum today announced that his office has filed a lawsuit against two Central Florida companies and their owner over allegations they charged up-front fees for foreclosure rescue-related services. National Payment Modification Company and The Bostonian Group, LLC, which conducts business [...]
In the following press release Texas Attorney General Greg Abbott today took legal action to obtain restitution for a fraudulent “mortgage rescue” firm’s victims.
Dallas County 134th District Judge James M. Stanton granted an agreed temporary injunction barring Markus and Tyrone Bailey from deceptively operating [...]
Court records show that on November 5, 2009 Gary Mark Wood pled guilty to an Information in relation to his involvement in a North Carolina mortgage fraud case. He was involved in the onging mortgage fraud investigations by the FBI in NC which involve five “mortgage fraud cells”.
Wood [...]
In the following press release United States Attorney’s Office for the Central District of California announced that a Thousand Oaks man was sentenced today to 95 months in federal prison for orchestrating an identity theft scheme in which he used personal identifying information taken from dozens of mortgage and [...]
In the following press release Sonoma County (CA) District Attorney Stephan Passalacqua announced today that Juan Carlos Alcala, age 32, of Windsor, plead no contest to nineteen felony counts and admitted three special allegations for defrauding real estate investors, money laundering, and elder fraud. By his pleas, Alcala admitted [...]
In the following press release Carlsbad Police Department announced that it has arrested two men believed to be responsible for an investment fraud scheme dating back to as early as 2001. Alan Espiritu, age 35, and Cesar Moreno, age 40, were both arrested by Carlsbad Police at their residences [...]
In the following press release Sally Quillian Yates, Acting United States Attorney for the Northern District of Georgia announced that Edward William Farley, 47, of Hoschton, Georgia, today pleaded guilty in federal district court to committing a mortgage fraud, a real estate investment “Ponzi” scam involving over 150 victims, [...]
In the following press release PREET BHARARA, the United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), and PATRICIA J. HAYNES, the Special Agent in Charge of the [...]
The following article has been reproduced by kind permission of the Caribbean Business
Puerto Rican singer Aldo Matta was among the suspects rounded up by federal authorities Tuesday morning in connection with a purported $14 million mortgage fraud scheme allegedly masterminded by local developer Joseph McCloskey Díaz.
McCloskey [...]
In the following press release George S. Cardona, United States Attorney for the Central District of California announced that an Orange County man has been sentenced to 132 months in federal prison for orchestrating two identity theft schemes in which he obtained personal information from hundreds of consumers and used [...]
In the following press release the Securities and Exchange Commission (SEC) today charged an Oak Beach, N.Y.-based real estate funds promoter and the former president of a broker-dealer firm in Smithtown, N.Y. for orchestrating a multi-million dollar real estate investment scheme. The SEC also charged two brokers at the firm [...]
In the following press release Lawrence J. Laurenzi, U.S. Attorney for the Western District of Tennessee announced that Paula Sharice Nelson a/k/a Paula Mason, a/k/a Paula Kimmons, 30, of Southaven, Mississippi, pled guilty to one count of mail fraud and one count of income tax evasion before U.S. District Judge [...]
In the following press release Michael W. Reap, Acting United States Attorney for the Eastern District of Missouri announced that Leona Jackson pled guilty to wire fraud in connection with the fraudulent refinancing of her home.
In her plea agreement, Jackson admitted refinancing her home in North [...]
Readers of this site will have seen our previous entries on the Mortgage Fraud Surge being prosecuted by the US DOJ in Tampa, FL. Today the DOJ officially announced the results of the operation.
PLEASE LOOK OUT FOR MORE DETAIL ON FRIDAY WHEN I WILL BEGIN TO ADD THE DETAILS OF [...]
In the following press release Michigan Attorney General Mike Cox today announced that his office has filed charges against a Wyoming, MI woman accused of defrauding the Michigan State Housing Development Authority (MSHDA) by fraudulently obtaining a mortgage, defaulting on that mortgage and leaving taxpayers [...]
In the following press release Arizona Attorney General Terry Goddard today announced that Gordon W Deibler, III, 53, and Renata Majda Deibler, 36, both of Litchfield Park, have pleaded guilty in Maricopa County Superior Court to participating in a criminal syndicate by running several companies that defrauded clients of [...]
In the following press release Joseph P. Russoniello, United States Attorney for the Northern District of California announced that Michael Chou pleaded guilty in federal court today to wire fraud conspiracy. [Information]
In pleading guilty, Chou admitted that, in a scheme that began in 2003 and continued until approximately [...]
Colorado Attorney General John Suthers announced today that his office’s Consumer Protection Unit has filed a complaint against Alternative Lending of Colorado, a Colorado Springs-based company, and its managing general partner, James W. Dale III (DOB: 4/4/1945), and top loan originator, April A. Bigler (DOB: 10/15/1980), both of Pueblo West
According [...]
In the following press release the Idaho Department of Finance announced that it has filed a complaint in Ada County District Court against Sheila Lea Jones. Jones, owner of Vitruvian Investment Group, solicited investors to pool their money for investment into a real estate fund managed by Jones. The [...]
In the following press release Paula D. Silsby, United States Attorney for the District of Maine, Peter W. Heed, Cheshire County Attorney, Holly Fraumeni, Resident Agent in Charge of the United States Secret Service in New Hampshire, Robert W. Malaby, Acting Postal Inspector in Charge of the Boston Division [...]
In the following press release B. Todd Jones, United States Attorney for the District of Minnesota announced that on October 23, a 45-year-old Prior Lake woman appeared in federal court in St. Paul, where she pleaded guilty to stealing more than $470,000 in money designated for payment of title [...]
In the following press release it was announced that Texas Attorney General Greg Abbott today charged Fern Hernandez Realty, Inc., with defrauding Hispanic home buyers. The state’s enforcement action names the corporation; its owner, real estate broker Jose Fernando “Fern” Hernandez and his wife, Odessa S. Hernandez. According to [...]
In the following press release Nevada Attorney General Catherine Cortez Masto announced today that Wayne Goldenbaum, also known as Robert King, of Las Vegas, Nevada, has been indicted on multiple charges of theft, including theft from an individual over the age of 60.
The charges stem from instances where King [...]
In the following press release Arizona Attorney General Terry Goddard today announced that former real estate agent Ammar Dean Halloum, 46, [pictured below] of Phoenix, has pleaded guilty to felony charges in connection with a fraudulent real estate transaction with an elderly Tucson resident.
At a [...]
In the following press release detectives with the Highlands County Sheriff’s Office and Agents of the Florida Department of Law Enforcement’s (FDLE) Sebring Field Office announced that they attempted to serve arrest warrants on 10 subjects for charges that include conspiracy to commit racketeering, conspiracy to traffic in cannabis, [...]
In the following press release Ohio Department of Insurance Director Mary Jo Hudson has announced that on Friday, October 23, 2009, former Granville title agent Karen Axline was sentenced in the Franklin County Court of Common Pleas to four years in prison for her role in a mortgage scam. [...]
In the following press release the Los Angeles District Attorney’s office announced that two men were charged today with multiple felony counts in connection with the beating and torture of a pair of loan modification agents.
Deputy District Attorney Norma Serna of the Glendale Area Office [...]
The Idaho Department of Finance announced today the issuance of a Cease and Desist Order against Meridian-based International Co-op LLC for engaging in unlicensed mortgage loan modification activities and for illegally charging distressed Idaho homeowners exorbitant upfront fees. Department of finance director, Gavin Gee, said that the department received [...]
In the following press release New Jersey Attorney General Anne Milgram announced that a Ewing couple and their real estate firm were indicted on charges they stole more than $600,000 from home sellers in connection with 11 home sales. They are also charged with defrauding three mortgage companies of $641,800 [...]
In the following press Lawrence G. Brown, United States Attorney for the Eastern District of California, DEA Assistant Special Agent in Charge Gordon Taylor, and IRS-Criminal Investigation Special Agent in Charge Scott O’Briant announced today that a Sacramento federal grand jury returned three superseding indictments charging 14 Bay Area residents [...]
An article in today’s Wall Street Journal brought to my attention a news release on the website of House Ways and Means Oversight Subcommittee Chairman John Lewis (D‑GA) in regard to the First Time Homebuyer Tax Credit. I am posting the whole release below but thought I would just [...]
In the following press release B. Todd Jones, United States Attorney for the District of Minnesota announced that a federal grand jury has returned an indictment against a 41-year-old Mound man for allegedly swindling 14 investors and their lenders out of more than $2.5 million through a [...]
In the following press release A. Brian Albritton, U.S. Attorney for the Middle District of Florida, announced that U.S. District Judge Henry Lee Adams today sentenced James Otto Price, III, (47, of Jacksonville) to 30 months in federal prison for willfully preparing false tax returns. The court also entered [...]
The Editor - Ian Shuter - ACFE, DMS
