Mark M. Benun, 35, New York, New York, was arrested on a criminal Complaint charging him with interstate transportation of a portion of the proceeds from the fraudulent sale, for more than $5 million, of a building at 161st Street in the Bronx. Benun was arrested at his
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Michael A. Tringali has been sentenced to 41 months in federal prison for conspiracy to commit loan fraud, bank fraud, and money laundering. A forfeiture judgement in the amount of $6,925,522 was ordered by Judge Whittemore. Restitution will be determined in a future hearing. As previously reported on Mortgage Fraud
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Charges have been filed in two separate cases against predatory real estate companies and loan brokers who conspired to deceive first-time home buyers as well as homeowners seeking to refinance their existing mortgage. In the first case, Joseph Villaescusa, 46, Whittier, California, Isabel Gutierrez, 49, Tony Gutierrez,
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Pamela Gail Holder has been convicted by a jury of two counts of wire fraud and two counts of bank fraud. The guilty verdict followed a one-week trial before U.S. District Judge Aleta Trauger.
Holder, a professor of nursing at Middle Tennessee State University and the former coordinator of the statewide Tennessee Board of Regents On-Line Degree Program, and her husband, Continue Reading...
Andrew John Smith, 29, Cleveland, Georgia, was sentenced by United States District Judge William C. O’Kelley to serve over 3 years in prison on a federal charge of conspiracy to commit bank, wire and mail fraud arising from a mortgage fraud scheme.
Smith was sentenced to 3 years, 6 months in prison to be followed by 5 years of supervised release. The court has ordered
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Twenty-four individuals have been charged with using a corrupt enterprise to conduct a pattern of racketeering activity, namely, wire fraud, bank fraud, and money laundering. The charged racketeering activity all stems from an extensive mortgage fraud scheme based in San Diego, California, that involved 220 properties with a total sales price of more than $100 million dollars.
The lead defendants charged with running the corrupt
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Eliyahu Ezagui, 48, has been indicted on charges of bank fraud and conspiracy to commit bank and wire fraud for masterminding a scheme to defraud banks, mortgage lenders, and residents of the Crown Heights community in Brooklyn, New York of approximately $18 million in connection with the fraudulent mortgaging of condominium apartment units.
According to the Continue Reading...
Jack Ferm, a former talk show host in Las Vegas, Nevada, has been arrested on two counts of felony theft and related charges in connection with the operation of U.S. Justice Foundation, a mortgage rescue scam.
Ferm is the President and owner of U.S. Justice Foundation, a document preparation business which misled
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Robert Dewain Venson, 38, Fort Washington, Maryland was arrested for mail and wire fraud, money laundering and failing to file tax returns in connection with a three year mortgage fraud scheme involving 13 residential properties. The indictment was returned on February 23, 2009 and unsealed on March 11, 2009, upon his arrest. Venson had his initial appearance in federal
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3 individuals have pled guilty to loan modification fraud against hundreds of “desperate California homeowners” and were sentenced to as much as 6 years of prison. The defendants sentenced were part of a foreclosure scam engineered by the First Gov company, which was based in San Bernardino, California.
• Rosa Conrado, 51, San Bernardino, California, was
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