Alexander Iler, 38, Middletown, New Jersey, was arrested on a charge of second-degree theft for fraudulently converting the ownership of a Middletown property to his own name.
Continue Reading...Archives For Allison Tussey
Seven people have been charged for their alleged involvement in a mortgage fraud scheme totaling nearly $5 million. The individuals allegedly defrauded lenders by using straw buyers, filing false liens with county officials, laundering money, and inflating prices quoted to lenders.
Continue Reading...
Mohamed Mahmow, 34, Syracuse, New York, was sentenced to 63 months imprisonment for fronting drugs to addicts whom he knew owned real property. Once the addict had incurred a sufficiently substantial drug debt, Mahmow would require the addict to sign over any real property they owned.
Continue Reading...
Anthony J. DeMarco, III, 33, Conshohocken, PA, was sentenced to 25 years in prison for conspiracy and fraud charges in connection with a mortgage fraud scheme involving more than $30 million in loans.
Paul L. Hartfield, 56, Overland Park, Kansas, has been sentenced to 78 months in federal prison on bank fraud charges. He was ordered to pay approximately $2.6 million in restitution.
Continue Reading...
17 defendants have been charged with racketeering, investment fraud, mortgage fraud, bank bribery, and money laundering. 14 additional defendants have agreed to plead guilty in connection with the latest criminal charges resulting from “Operation Wax House,” a mortgage fraud investigation.
Continue Reading...
Edna Ledoux Jamieson, 44, Moneta, Virginia, a real estate agent, who pled guilty to tax charges related to money she earned through her participation in a mortgage fraud scheme, was sentenced in the United States District Court for the Western District of Virginia.
Continue Reading...
Steven Llloyd Knudsen, 50, Malta, Montana, appeared for sentencing for his role in defrauding a lender. Knudsen was sentenced to a term of 35 months in prison, a special assessment in the amount of $200, restitution in the amount of $948,555.11 and Supervised Release for 3 years.
Continue Reading...
Sean McClendon, 46, West Sacramento, California, pleaded guilty to mortgage fraud charges arising from home sales in the Sacramento, California, area.
Continue Reading...
Michael Pouls, 50, Gladwyne, Pennsylvania, was charged by information with fraudulently inducing National Penn Bank in 2007 and the former Wilmington Bank in 2008 to lend him a total of $13.35 million on the basis of fraudulent securities statements.
Continue Reading...