Jeanette R. Salsi, Alice Lorraine Barneyand and Sonja Lightfoot, each of whom played important roles in a mortgage fraud scheme that crippled now defunct Pierce Commercial Bank were sentenced in U.S. District Court. All three of the women worked for years with scheme leader Shawn Portmann, whose fraudulent loans resulted in losses of more than $10 million.
Continue Reading...Archives For Allison Tussey
Schelton Assoumou, 36, Brooklyn, New York, a real estate developer, was arrested on charges of bank fraud and wire fraud for his participation in a multi-year mortgage fraud scheme.
Xochitl Cervantes, 35, Las Vegas, Nevada, has been criminally charged for her involvement in a mortgage lending fraud case involving several victims operating under the name of CSR Services.
Continue Reading...
Aneal Maharaj, 65, a former resident of Las Vegas, Nevada, who defrauded 17 individuals of almost $1.5 million in an investment fraud and marketing scheme involving early mortgage payoffs, was sentenced to just over eight years in prison for his guilty pleas to fraud and tax evasion charges.
Continue Reading...
Gerald Lee Kelly, 48, Gilbert, Arizona, was sentenced to 27 months in federal prison for his role in an investment scheme. Kelly pleaded guilty on May 14, 2012, to wire fraud, transactional money laundering, and structuring financial transactions through a domestic financial institution.
Anthony Haynes, 53, Seffner, Florida pleaded guilty to two counts of wire fraud affecting a financial institution. He faces a maximum penalty of 30 years in federal prison on each count.
Continue Reading...
Season Heather Hymas, 27, American Fork, Utah, pleaded guilty in United States District Court in Boise, Idaho, to theft from a financial institution, a misdemeanor.
Continue Reading...
Dennis O. Edwards, 49, Silver Spring, Maryland, was sentenced by U.S. District Judge Peter J. Messitte to 21 months in prison, followed by three years of supervised release, for conspiracy to commit bank fraud in connection with a scheme in which he submitted fraudulent loan applications to obtain over $2.241 million to purchase or refinance homes.
Continue Reading...
Gerry Zobrist, 43, Las Vegas, Nevada, a lawyer, pleaded guilty to federal felony conspiracy and fraud charges for his involvement in a mortgage fraud scheme that caused federally insured financial institutions to suffer losses of more than $30 million.
Continue Reading...
Scott M. Wickersham, a loan officer and real estate agent, has been charged with conspiracy to commit mail fraud, wire fraud and bank fraud for his role in a mortgage fraud scheme. The defendant pleaded guilty on January 11, 2013.