Montgomery Joseph Isner, 47, Capital Heights, Maryland, was convicted of bank fraud in federal court for misrepresenting himself as the owner of a parcel of real property in Berkeley County, West Virginia, in order to fraudulently obtain a loan in the amount of $60,000.
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David Wedean, a Georgia real estate investor, pleaded guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Georgia.
Todd Dyer, 51, Lake Geneva, Wisconsin, Nicholas Hindman, 63, Glen Ellyn, Illinois, Melvin Krumdick, 73, Oak Park, Illinois, and Tracy Bolton, 47, Lakemoor, Illinois, have been charged with running an investment fraud scheme from 2008 through 2012.
Ann Hils, 55, East Hampton, Connecticut, was sentenced by U.S. District Judge Alvin W. Thompson to 63 months of imprisonment, followed by five years of supervised release, for operating a real estate appraisal scheme.
Laurie Mayfield, aka Laurie H. Scott, 54, Fredericksburg, Texas, former D’Hanis State Bank president, admitted that she filed fraudulent bank regulating reports which overestimated the bank’s assets.
Christopher Paul George, 45, Rancho Cucamonga, California, Crystal Taiwana Buck, 40, Long Beach, California, and Albert DiRoberto, 62, Fullerton, California, were convicted by a federal jury of offering bogus loan modification programs to thousands of financially distressed homeowners who lost more than $7 million when they paid for services, including loan modifications, that were never provided.
Brian W. Harrison, 56, Great Bend, Kansas, a former loan officer for a bank in Great Bend, was sentenced to six months in prison followed by six months home detention for bank fraud. Harrison falsified credit and loan applications, promissory notes and security agreements without proper authority.
Michael P. Bernick, 51, Pittsburgh, Pennsylvania, a former bank director, was sentenced in federal court to 144 months of imprisonment on his conviction on nine counts of misapplication and theft of funds by a bank director. Bernick did not complete any loan applications, sign notes, or provide security for the monetary advances, yet received more than $350,000.
Daniel Cardillo, 51, Wildwood, New Jersey, admitted defrauding a financial institution as part of a mortgage fraud scam that used phony documents and straw buyers to make illegal profits on over-developed condominiums.
Aleksandr Kravchenko, 36, King County, Washington, who fled to Moldova, in Eastern Europe before being indicted by a federal grand jury for 55 loans fraudulently obtained from Westsound Bank, was sentenced in U.S. District Court in Seattle to five years in prison.