Derrick Phelps, 44, Katy, Texas, who owned and operated two mortgage industry businesses, Cynthia Phelps, 34, his wife, and Linda Mack, 49, North Las Vegas, Neveada, an escrow officer, were indicted by a federal grand jury on conspiracy and bank fraud charges in relation to an $83 million mortgage fraud scheme.
Continue Reading...Archives For Allison Tussey
William R. “Rusty” Beamon, Jr., 52, DeKalb County, Georgia, a former bank employee, has been indicted by a federal grand jury on February 26, 2013, on charges arising out of a scheme to defraud his former employer Appalachian Community Bank (also known as Gilmer County Bank).
Continue Reading...
Alicia Holmes, 49, pled guilty to a three-count indictment, charging Holmes with devising and operating a scheme to defraud individuals and entities of hundreds of thousands of dollars in accommodations, goods, services, and money.
Che M. Brown, 45, Washington, D.C., was sentenced to three months of incarceration on a federal charge of bank fraud stemming from a scheme in which he submitted false documents to a mortgage lending service to win approval of a modification on a mortgage for his residence.
Laura Cecilia Carlson, 66, Hacienda Heights, California, was sentenced to 11 years 8 months, in prison after being found guilty at a jury trial. Carlson was convicted of 14 separate felonies including foreclosure consultant fraud, filing a false document, grand theft and money laundering.
Continue Reading...
The five most common consumer mortgage fraud complaints addressed by the Nevada Mortgage Fraud Unit, which investigates and prosecutes violations of mortgage fraud, as well as foreclosure rescue fraud, foreclosure fraud, and any and all other theft related crimes arising out of mortgage related transactions, have been announced for 2012.
Julietta Quinones, 44, Port Hueneme, California, is the subject of a felony complaint charged with seven counts of grand theft, along with an aggravated white-collar crime enhancement alleging the thefts involved the taking of more than $100,000.
Kenneth J. Enrico, 46, Bohemia, New York, a broker, has been indicted for conspiring to defraud 350 financially strapped customers of more than $1.2 million.
Continue Reading...
Jean Marc Eljwaidi, 44, Las Vegas, Nevada, who fraudulently enticed persons to give him almost $2 million for the development of a local commercial real estate project that never materialized, was sentenced to 21 months in federal prison and ordered to pay $1.8 million in restitution.
Continue Reading...
Robert Rivernider, 47, Wellington, Florida, Loretta Seneca, 50, Boynton Beach, Florida, and Robert Ponte, 59, Stonington, Connecticut, who had been on trial in Hartford, Connecticut, federal court, have pleaded guilty to various offenses stemming from two separate investment schemes.
Continue Reading...