Scott L. Lemons and Kevin V. Robinson were indicted on January 3, 2013, for their roles in an alleged scheme to defraud mortgage lenders concerning the sale of condominiums in Myrtle Beach, South Carolina.
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Franklin Thad Harris, 57, and Merlin D. Unruh, 51, both of Grand Junction, Colorado, were arrested in Grand Junction for a bank fraud scheme.
A federal grand jury has indicted six defendants for conspiracy in a $4.5 million mortgage fraud scheme whereby the defendants allegedly failed to pay off pre-existing lien holders, funneling the money instead to themselves.
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Billy Frank Davis, aka Bill F. Davis, 68, Houston, Texas, a former attorney, has been sentenced to 10 years in federal prison for perpetrating a decade-long real estate investment fraud scheme that victimized more than 20 investors of approximately $7.8 million.
Five people have been arrested by Federal authorities for their alleged involvement in a builder bailout real estate scheme that fraudulently purchased more than 100 condominium units around the country with mortgages that mostly went into default, resulting in foreclosures and millions of dollars in losses.
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Jon Nevins, 40, Leawood, Kansas, a straw buyer, was convicted in federal court of mortgage fraud.
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Homeowners should be on the lookout for a mailing that appears to be a legal document, but may be a ploy against mortgage consumers.
Richard Nobles, Granville, Ohio, was indicted by a federal grand jury and charged with conspiracy to commit bank fraud, bank fraud, conspiracy to commit money laundering, and money laundering for his role in a $2.5 million mortgage fraud scheme.
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Four people for the fraudulent conveyance of over twenty properties in the City and County of Philadelphia, Pennsylvania: Zachary Stokes, Oscar Ketter, Elhadi Ibrahim and Steven Johnson.
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Estrellita “Esther” Garo Miguel, 62, Honolulu, Hawaii, a mortgage broker who operated the business Easy Mortgage, was sentenced to 52 months’ imprisonment by Chief United States District Judge Susan Oki Mollway for her operation of a mortgage fraud and money laundering scheme.
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