Charles Donaldson, 58, Bowie, Maryland, was sentenced to 41 months in prison followed by three years of supervised release for conspiracy to commit wire fraud in connection with a mortgage fraud scheme which caused the issuance of over $4.7 million in fraudulent mortgage loans and homeowners to lose over $1.2 million in equity in their homes.
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Jinnie Mathurin, 42, Coral Springs, Florida, a mortgage broker, has been sentenced by U.S. District Judge Donald M. Middlebrooks to a year and one day in prison, to be followed by three years of supervised release.
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California homeowners are warned to beware of phone solicitations from scam artists claiming to provide assistance related to the recent national mortgage settlement.
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Brett Depue, 38, Gilbert, Arizona, following a seven-day jury trial, was convicted of conspiracy and wire fraud charges for his involvement in a mortgage fraud scheme involving straw buyers and false mortgage loan applications.
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Robert Alexander, 36, Phoenix, Arizona, was sentenced to 30 months in prison by U.S. District Court Judge James A. Teilborg. Alexander, a real estate agent, represented buyers who purchased multiple homes with loan applications containing false information and concealing from the lenders “kick backs” to the buyers.
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Joseph Guaracino, a former Plantation, Florida, Police Department Officer, has been sentenced for his role in a scheme to defraud mortgage lenders.
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Corvus Law Group, LLC, Post Falls, Idaho, a law firm that files multi-plaintiff lawsuits against mortgage servicers, has agreed to change how it solicits clients in Idaho.
Luis Belevan, Phoenix, Arizona, was sentenced on February 27, 2012, by U.S. District Judge James A. Teilborg to 60 months’ imprisonment for his role in a 2009-2010 mortgage rescue scheme that affected at least 1,800 local distressed homeowners.
Michael Anthony Baker, 31, Houston, Texas, the ringleader of a mortgage fraud scheme, was sentenced to 180 months in prison for his involvement in defrauding and obtaining money from lending institutions by using straw buyers to purchase homes and submitting false/fraudulent documents to lenders.
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Rasheeda M. Canty, 38, Upper Marlboro, Maryland, a former mortgage broker, has been sentenced to a one-year prison term for her role in an extensive mortgage fraud scheme involving properties in the District of Columbia and Maryland.
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