Frederic Alan Gladle, 53, Austin, Texas, was sentenced to 61 months in prison and was ordered to forfeit $84,010 for his role in operating a foreclosure rescue scam in Southern California and elsewhere that charged distressed homeowners fees in exchange for fraudulently delaying foreclosure sales.
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James Delbert McConville, 61, Fremont, California, was sentenced to 93 months in prison, and ordered to pay more than $7 million in restitution for conspiring to commit mail and wire fraud related to approximately 80 fraudulent loan applications secured by real property in Escondido and San Marcos, California.
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Kevin W. Caffrey, 47, Wolcott, Connecticut, was sentenced by United States District Judge Janet C. Hall in to 12 months and one day of imprisonment, for his role in his ex-wife’s scheme to defraud Webster Bank of more than $6.2 million.
Claymon “Butch” Trammell, 62, along with his wife and daughter, all of Houston, Texas, have been sentenced to federal prison for their respective roles in a multi-million dollar mortgage fraud scheme.
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Steven J. Cox, Mobile, Alabama, a real estate investor, has agreed to plead guilty and to serve one year in prison for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama.
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John Partin, 67, appeared before U.S. District Judge Michael R. Hogan on April 23, 20102, and pleaded guilty to conspiracy to commit bank fraud and loan application fraud.
Elizabeth P. Johnson, 35, Bozeman, Montana, was sentenced to a prison term of 34 months for her role in a real estate development scam.
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Andrew Hill, 34, Dublin, Ohio, was sentenced in U.S. District Court to 24 months in prison for obtaining more than $1.2 million in fraudulent mortgage loans involving investment properties in Portsmouth, Ohio then “flipping” the properties and selling them to unqualified buyers.
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An Orange County man who swindled elderly people out of their homes is sentenced to 25 years to life in prison under California’s three-strikes law, which is typically applied in violent crime cases.
Tonii Carlos Greene, 52, Eagan, Minnesota, has been indicted for participating in a $3 million mortgage fraud scheme premised on the purchase of rundown houses to be rehabilitated and then sold. Instead, however, the equity was stripped from the homes, and the lenders were defrauded.
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