Search Results For "Yant Garcia"

Yant Garcia, 38, Hialeah, Florida pled guilty on September 5, 2018, to one count of conspiracy to commit an offense against the United States.

According to the plea document, beginning around 2012, and continuing through around 2015, Garcia agreed with others to launder the proceeds of an identity theft tax refund scheme and mortgage fraud scheme by cashing checks in names of persons who were not present at check-cashing stores in Miami.

In or around 2013, Garcia’s co-conspirators submitted fraudulent tax returns to the Internal Revenue Service (IRS) using stolen personal identity information seeking refunds ranging in value from $130,000 to $170,000.  In total, the Department of Treasury paid out approximately $4.3 million in fraudulent refund claims by mailing out tax refund checks.  The defendant and a co-conspirator met with the owner of a check-cashing store in Hialeah and the true owner of the store agreed to cash these checks for a thirty percent fee.

In or around 2015, Garcia and his co-conspirators engaged in a mortgage fraud scheme on a property in Miami Beach.  Garcia and his coconspirators submitted fraudulent loan applications and received approximately $3.7 million in proceeds from this mortgage fraud via interstate wire to the account of the fake title company in Miami.  Garcia then provided checks to co-conspirators who cashed these checks at check-cashing stores in South Florida in the names of payees who were not present.  http://www.mortgagefraudblog.com/?s=Yant+Garcia

Garcia is scheduled to be sentenced on November 14, 2018 at 10:30 a.m. before U.S. District Judge Marcia G. Cooke.

Benjamin G. Greenberg, United States Attorney for the Southern District of Florida, Robert Lasky, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office and Michael J. De Palma, Acting Special Agent in Charge, Internal Revenue Service, Criminal Investigation (IRS-CI) made the announcement.

Mr. Greenberg commended the investigative efforts of the FBI and IRS-CI.  The case is being prosecuted by Assistant U.S. Attorney Michael N. Berger.

Related court documents and information may be found on the website of the District Court for the Southern District of Florida at www.flsd.uscourts.gov or on http://pacer.flsd.uscourts.gov.

Guillermo Fraginals Parra, 37, Hialeah, Florida, alleged  mortgage fraud scammer, was arrested on charges of first degree grand theft. Parra, the 18th individual arrested in this scam, was a real estate appraiser at the time the crimes occurred and was being paid on the side to inflate the value of various condominiums in the Brickell Bay Condo Community.

The main facilitator of this scheme was Miami real estate agent Pedro Rodriguez, who fled the country after learning about the warrant for his arrest and was extradited on a Federal Fugitive warrant from Costa Rica in 2008. Costa Rican authorities captured Rodriguez and held him in jail from July to December, 2008, until he was extradited to Miami-Dade County in December, 2008.

The investigation by the Department of Financial Services’ Division of Insurance Fraud began when a tip was received from a Miami real estate law firm. The firm discovered one of their employees, closing agent Rita Garrett, was facilitating the stealing of funds from escrow trust accounts through a scam using double settlement statements. The double settlement statements scam used two HUD-1 form. The bank received the fraudulent HUD settlement statement that included the inflated appraisal, while the seller would receive the legitimate HUD settlement statement based on market value. This transaction resulted in the buyer leaving the mortgage closing with hundreds of thousands of dollars.

Pedro Rodriguez approached the co-conspirators, who were mainly comprised of “straw” buyers, or a person who agreed to knowingly lie about their net worth in order to qualify for a mortgage loan.

Through the real estate appraiser (Parra), a real estate closer (Garrett) and multiple “straw” buyers, the 18 individuals involved in the scam received over $11.5 million in various amounts via the use of inflated appraisals.

Co-defendants who have already been arrested include:

Pedro Rodriguez was arrested on one count organized fraud, three counts 1st degree grand theft and four counts 2nd degree grand theft.

Evelin D. Rodriguez, wife of Pedro Rodriguez, was a “straw” buyer and gained almost $650,000 through this criminal activity. She was arrested on one count of 1st degree grand theft.

Rita Jean Garrett was charged with organized fraud and five other counts of grand theft. Garrett was the rogue closing agent at the Miami law firm.

Mirilis Miriam Rodriguez was charged with one count of 1st degree grand theft. Mirilis is a Miami dentist and a relative of subjects Pedro and Evelin Rodriguez. 

Luisa Deanne Cladera, a “straw” buyer” was charged with one count of 1st degree grand theft. 

Lylian Mendez, a “straw” buyer, was charged with one count of 2nd degree grand theft.

Jacqueline Izquierdo, a “straw” buyer, turned herself into Dade County Corrections on April 4, 2007 and was booked on a warrant for one count of 1st degree grand theft. She is currently awaiting trial.

Licurgo Constantine, a “straw” buyer on three properties, was charged with three counts of 1st degree grand theft.

Rigoberto Gamboa, a “straw” buyer, was charged with one count of 1st degree grand theft. He is the husband of co-defendant, Lylian Mendez.

Reynaldo Aleman, a “straw” buyer, was charged with one count of 1st degree grand theft.

Gabriel Bea, a “straw” buyer, was charged with one count of 1st degree grand theft.

Teannes Cladera, a “straw” buyer, was charged with one count of 1st degree grand theft.

Jose Melian, a “straw” buyer, was charged with one count of 1st degree grand theft. 

Yant Garcia was booked on a warrant for one count of 1st degree grand theft, and two counts of 2nd degree grand theft. Garcia received funds from fraudulent mortgage transactions through his company Cosmopolitan Mortgage Investments, Inc. He is currently awaiting trial.

Ernesto Matos was booked on a warrant for one count of 1st degree grand theft and one count and 2nd degree grand theft. Matos received funds from fraudulent mortgage transactions through his company Queislan Investments, Inc. He is currently awaiting trial.
Michel Gonzalez was charged with one count of 1st degree grand theft. Gonzalez received funds from fraudulent mortgage transactions through his company MGZ Investments, Inc.
Ross Jimenez was charged with 1st degree grand theft. Jimenez received commissions for brokering fraudulent mortgage loans through his employers, Countrywide Mortgage and CTX Mortgage.

The individuals in this scam who have already been convicted are facing court ordered restitution.

If you or someone you know has been a victim of fraud, call toll-free 1-800-378-0445 or visit www.MyFloridaCFO.com and click on “Report Fraud.”

Florida Chief Financial Officer Jeff Atwater announced the arrest.

Chief Financial Officer Jeff Atwater, a statewide elected official and officer of the Florida Cabinet, oversees the Department of Financial Services including the Division of Insurance Fraud. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government, reducing government spending and regulatory burdens that chase away capital, and providing transparency and accountability in spending.

“This kind of fraud robs hardworking Floridians and our state of the dollars we need to continue rebuilding our economy and our communities. I am committed to exposing these crimes and those who perpetuate them,” said CFO Jeff Atwater. “Yesterday’s arrest exemplifies the hard work of our fraud detectives who remained dedicated to investigating this case. I am committed to coordinating with our state and federal counterparts to uncover these scams much more quickly.”

Bernard B. Kerik, the former New York City Police Commissioner and Commissioner of the New York City Department of Corrections, has been indicted by a federal grand jury sitting in White Plains on conspiracy, tax fraud, and false statements charges.

According to the IndictmentKerik is charged with making false statements on a loan application in connection with purchase of s Riverdale, New York, apartment. Specifically, it charges that Kerik borrowed part of the down payment from a Manhattan realtor, but falsely denied that he had done so to the bank that extended him the mortgage loan for his purchase of the apartment.

Kerik conspired with others to deprive the City of New York and its citizens of his honest services by: 1) receiving benefits — namely, approximately $255,000 in renovations to Kerik‘s Riverdale, New York, apartment (“the Riverdale Apartment”) — from a company seeking to do business with the City; 2) concealing those benefits by, among other ways, failing to disclose them as required on financial disclosure reports Kerik filed with the City; and 3) taking steps to convince City regulators that the contractors were free of mob ties and should be approved to do business requiring City permits.

Kerik‘s receipt of the benefits and his actions on behalf of the company occurred while Kerik was the Commissioner of the New York City Department of Corrections, and his acts of  concealment occurred while he held that post and while he held the post of New York City Police Commissioner. The Indictment also charges Kerik with impeding the Internal Revenue Service and with multiple counts of false tax returns in connection with: 1) his failure to declare the value of the above renovations as income; 2) his failure to report as income approximately $236,000 in rent payments for a Manhattan apartment, which payments were made by a Manhattan developer with whom Kerik had agreed to conduct business; 3) his failure to report approximately $75,000 in income received from a book publisher; 4) his taking of approximately $80,000 in phony charitable deductions; 5) his failure to report approximately $20,000 in income received
from a computer software company; 6) his failure to report wages paid to a domestic employee; and 7) his taking of a false home office expense deduction in connection with a home in New Jersey when he was not yet living in that home.

The Indictment also charges the defendant with making multiple false statements to the White House and other federal officials in connection with his application for positions as advisor to the President’s Homeland Security Advisory Council and in connection with his nomination to be Secretary of the United States Department of Homeland Security. The Indictment charges that when Kerik was being vetted for these positions, he made numerous false statements including: 1) failing to disclose as required, and affirmatively misrepresenting, his relationship with the contractors who paid for the renovations on the Riverdale apartment or the fact of the payments; 2) failing to disclose as required that he had submitted false financial disclosure reports
to New York City (as described above) and that he had committed a crime by doing so; 3) failing to disclose as required that he had made false statements on a loan application (as described above) and that he had committed a crime by doing so; 4) failing to disclose as required a $250,000 loan that he had taken from a Brooklyn businessman who, in turn, had obtained the funds from an Israeli industrialist who did business with the U.S. Government; and 6) falsely stating that he had no household employees on a regular basis, and that he had not failed to withhold appropriate taxes for any such employee.

Kerik faces, if convicted, a maximum aggregate sentence of 142 years of imprisonment and $4,750,000 in fines. The Indictment also seeks forfeiture of the proceeds of the conspiracy crime in the amount of $255,000.

The defendant is expected to be presented before United States Magistrate Judge GEORGE A. YANTHIS this morning, at which time Judge YANTHIS will hear arguments on bail and a United States District Court Judge will be assigned to the case.

Michael J. Garcia, the United States Attorney for the Southern District of New York; Patricia J. Haynes, the Special Agent in Charge of the New York Field Office, Criminal Investigation, Internal Revenue Service (“IRS”); and Mark Merson, the Assistant Director in Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), announced the charges.

Mr. Garcia praised the IRS Criminal Investigation Division and the FBI for their fine work during the investigation. He also thanked the New York City Department of Investigation, the Westchester District Attorney’s Office, the Bronx District Attorney’s Office and the New Jersey Division of Gaming Enforcement for their assistance. He added that the investigation is ongoing.

Assistant United States Attorneys Perry A. Carbone and Elliot B. Jacobson are in charge of the prosecution.

The charges contained in the Indictment are merely accusations, and the defendant is presumed innocent unless and until proven guilty.