Tag: fraud
$1.2 Million Mortgage Fraud Scheme
TRENTON, NJ – February 11, 2015 – (RealEstateRama) — Acting Attorney General John J. Hoffman announced that a mortgage broker who owned a property management company in Jersey City pleaded guilty today to laundering the proceeds of a criminal sch...
Operation Flames and Flood – Fraud is Unacceptable to Public Adjusters
WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- The Florida Association of Public Insurance Adjusters (FAPIA) today released the following statements in reaction to the recent reported arrests in connection with the insurance fraud investigat...
Real Estate Developer, Entrepreneur Convicted of Wire Fraud
BOSTON - April 8, 2013 - (RealEstateRama) -- A Weston real estate developer and entrepreneur who was apprehended in Cyprus nearly eight months after he was indicted on federal criminal charges was convicted yesterday of wire fraud in connection with hi...
Former Manager of Virginia Beach Mortgage Brokerage Firm Pleads Guilty to Fraud
NORFOLK, VA - March 19, 2013 - (RealEstateRama) -- David Burrus, Jr., age 39, a former Virginia Beach resident now living in Burns, Tenneesee, pleaded guilty today in Norfolk federal court to conspiring to commit mail and wire fraud in conjunction with...
Local Real Estate Professionals Sentenced for Wire Fraud
PORTLAND, OR - March 18, 2013 - (RealEstateRama) -- Geoffrey Montani, 36, and Kenneth Jones, 50, both of Portland, Oregon, were sentenced to 15 months in prison in separate hearings following their convictions for wire fraud in connection with a mortga...
Randolph Woman Sentenced for Mortgage Fraud
BOSTON - March 15, 2013 - (RealEstateRama) -- A Randolph woman was sentenced late yesterday for using a stolen identity to sign fraudulent mortgage loan documents.
CFO Jeff Atwater Announces Arrest of Tampa Plumber for Fraud
TALLAHASSEE - March 14, 2013 - (RealEstateRama) -- Florida Chief Financial Officer Jeff Atwater today announced the arrest of Timothy Wayne Sexton, 25, owner of Plumbing Rescue Company located in Tampa. On several occasions Plumbing Rescue employees a...
Superseding Indictment Charges Three More Alleged Participants in New Haven Mortgage Fraud Schemes
NEW HAVEN, CT - February 18, 2013 - (RealEstateRama) -- Three more defendants were indicted yesterday on federal charges related to their alleged participation in an extensive mortgage fraud scheme involving more than 50 mortgages on numerous residenti...
Multi-Million-Dollar Real Estate Ponzi Schemer Admits Securities Fraud and Money Laundering
NEWARK - February 4, 2013 - (RealEstateRama) -- A Somerset County, New Jersey man pleaded guilty today to one count of securities fraud and one count of money laundering, admitting that he defrauded victims of an investment scheme by misusing their cap...
Four Charged in $15 Million Mortgage Fraud Scheme
CAMDEN, NJ - February 1, 2013 - (RealEstateRama) -- Four individuals from New Jersey were taken into custody today for their alleged roles in a $15 million mortgage fraud scheme on an indictment returned by a federal grand jury on January 30, 2013, U.S...
Connecticut Resident Charged with Orchestrating Extensive Mortgage Fraud Scheme
NEW HAVEN, CT - February 1, 2013 - (RealEstateRama) -- Filippos “Filip” Milios, 54, of Newington, Connecticut, was arrested today on a federal criminal complaint charging him with bank fraud stemming from his alleged involvement in an extensive mor...
Attorney Pleads Guilty in Mortgage Fraud Scheme
PITTSBURGH - January 29, 2013 - (RealEstateRama) -- An attorney pleaded guilty in federal court to charges of wire fraud, filing false income tax returns, and failing to file income tax returns, United States Attorney David J. Hickton announced today.
Former Wiggins Resident Going to Prison for Home Repair Fraud
Jackson, MS - January 28, 2013 - (RealEstateRama) -- A former Wiggins resident has been sentenced to prison time for home repair fraud and false pretense in Harrison County, announced Attorney General Jim Hood today
Ten Charged in Superseding Indictment in Timeshare Mortgage Fraud Scheme
CAMDEN, NJ - January 25, 2013 - (RealEstateRama) -- A federal grand jury for the District of New Jersey, sitting in Camden, has returned a 44-count superseding indictment against six individuals from southern New Jersey and four others for their allege...
Owner of Liberty Mortgage Company in Elk Grove Convicted in Multi-Million-Dollar Mortgage Fraud Scheme
SACRAMENTO, CA - January 23, 2012 - (RealEstateRama) -- After a 10-day trial, a federal jury found Hoda Samuel, 60, of Elk Grove, guilty of a conspiracy to commit mortgage fraud and of 30 individual counts of mail fraud.
Hilliard Couple Pleads Guilty in $7 Million Mortgage Fraud Scheme
OLUMBUS, OH - January 22, 2012 - (RealEstateRama) -- Deborah L. Kistner, 50, and her husband, Mark A. Kistner, 52, both of Hilliard, pleaded guilty three days after their trial started to a $7 million mortgage fraud scheme they carried out between June...
Dublin Man Pleads Guilty in Mortgage Fraud Scheme
COLUMBUS - January 17, 2012 - (RealEstateRama) -- Gordon L. Yocom, 44, of Dublin, Ohio, pleaded guilty to conspiracy to commit money laundering for fraudulently obtaining a mortgage loan to finance the purchase of a real estate property in Powell, Ohio...
BROOKLYN REAL ESTATE DEVELOPER CHARGED IN $2 MILLION MORTGAGE FRAUD SCHEME
New York, NY - January 16, 2012 - (RealEstateRama) -- Brooklyn-based real estate developer Schelton Assoumou was arrested today on charges of bank fraud and wire fraud for his participation in a multi-year mortgage fraud scheme. The defendant’s initi...
Eleven Defendants Indicted for Alleged Roles in Scheme to Fraudulently Control Homeowners’ Associations in...
WASHINGTON, DC - January 16, 2012 - (RealEstateRama) -- A federal grand jury in Nevada today returned an indictment against 11 individuals for their alleged roles in a scheme to fraudulently take control of homeowners’ associations in the Las Vegas ...
Six Defendants Indicted in $4.5 Million Mortgage Fraud Scheme
BALTIMORE - January 14, 2012 - (RealEstateRama) -- A federal grand jury has indicted six defendants for conspiracy in a $4.5 million mortgage fraud scheme
Con Man Sought After Failing to Appear for Sentencing on Charges That He Defrauded...
Los Angeles, CA - December 21, 2012 - (RealEstateRama) -- A San Gabriel man who was scheduled to be sentenced on Monday but failed to appear in court is being sought by the FBI, announced Bill Lewis, Assistant Director in Charge of the FBI’s Los Ange...
Las Vegas Real Estate Agent Sentenced to 70 Months in Prison for Her Role...
WASHINGTON, DC - December 20, 2012 - (RealEstateRama) -- A Las Vegas real estate agent was sentenced today to serve 70 months in prison for her participation in a mortgage fraud scheme that netted more than $10 million in fraudulent mortgage loans, ann...
All Defendants Sentenced in More Than $20 Million Mortgage Fraud Scheme Led by Former...
DALLAS - December 17, 2012 - (RealEstateRama) -- Eugene Lockhart, Jr. was sentenced this week by U.S. District Judge Jorge A. Solis to 54 months in federal prison and ordered to pay approximately $2.4 million in restitution following his guilty plea t...
Portland Man Found Guilty of Conspiracy to Manufacture and Distribute Marijuana and Mortgage Fraud
PORTLAND, OR - December 13, 2012 - (RealEstateRama) -- On Friday, December 7, 2012, Tu Ngoc Tran, 38, of Portland, Oregon, was found guilty by a federal jury of conspiracy to manufacture or distribute marijuana, two counts of manufacture of marijuana, ...
Con Man Agrees to Plead Guilty in Three Fraud Schemes, Including Multi-Million-Dollar Ponzi and...
LOS ANGELES, CA - November 29, 2012 - (RealEstateRama) -- A Glendale man has agreed to plead guilty to federal fraud charges, admitting that he ran three separate scams, including a Ponzi scheme that defrauded 30 families out of more than $8 million.
Kentuckiana Man Sentenced to 15 Months in Prison for His Role in a Mortgage...
LOUISVILLE, KY - November 26, 2012 - (RealEstateRama) -- A Jeffersonville, Indiana man was sentenced in United States District Court this week by District Judge Charles R. Simpson, III to 15 months in prison and ordered to pay $487,111 in restitution a...
Australian Jockey Sentenced to Four Years in Prison for Laundering Proceeds of Multi-Million-Dollar Real...
RIVERSIDE, CA - November 21, 2012 - (RealEstateRama) -- An Australian man who once worked as a jockey has been sentenced to four years in federal prison for concealing the proceeds of a loan fraud scheme that caused victims to lose more than $5 million...
Former Executive at Florida-Based Lender Processing Services Inc. Admits Role in Mortgage-Related Document Fraud...
WASHINGTON, DC - November 21, 2012 - (RealEstateRama) -- A former executive of Lender Processing Services Inc. (LPS)—a publicly traded company based in Jacksonville, Florida—pleaded guilty today, admitting her participation in a six-year scheme to ...
Woman Who Organized $20 Million Mortgage Fraud Scheme in Southern California Pleads Guilty in...
November 1, 2012 - (RealEstateRama) -- A former Southern California resident pleaded guilty today in federal court in Portland, Oregon, to mail fraud charges for orchestrating a mortgage fraud scheme that used fraudulent loan applications and supportin...
Mother and Son Real Estate Professionals Sentenced to Prison for $8 Million Mortgage Fraud...
October 10, 2012 - (RealEstateRama) -- United States Attorney Laura E. Duffy announced today that Orange County attorney Stephen Kenneth Chrysler was sentenced to serve 37 months in prison for his role in an $8 million mortgage fraud scheme involving 1...
