David R. Sharrock, 71, Mansfield, Ohio, was sentenced to 135 months in prison and ordered to pay $767,462 in restitution for his role a mortgage fraud scheme which caused approximately $1.3 million in losses to five lending institutions.
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William Glasgow, 72, Town and Country, Missouri, James Crews, 56, Wentzville, Missouri, and Michael Hilbert, 62, St. Charles, Missouri, surrendered on January 10, 2014, to authorities on two separate indictments alleging bank fraud against TARP recipient Excel Bank.
Thomas Provenzano, 47, Torrington, Connecticut, waived his right to indictment and pleaded guilty before U.S. District Judge Janet Bond Arterton in New Haven to multiple conspiracy offenses stemming from his involvement in a series of fraudulent real estate transactions.
Fidencio Moreno, Arturo Moreno, and Elena Moreno were charged in a superseding indictment with one count of conspiracy to defraud the United States, eleven counts of filing a false tax return, one count of conspiracy to commit wire fraud and bank fraud, and seven counts of making false statements on a loan application.
Robert Mikail, 41, formerly of Ashburn, Virginia, was sentenced to 52 months in prison, followed by three years of supervised release, for his role in fraudulent mortgage loan transactions involving approximately 36 properties in Northern Virginia and nearly $20 million in fraudulently obtained loans.
Seven defendants have been charged with running an alleged mortgage fraud scheme which resulted in the approval of approximately $49.6 million in fraudulent loans, and millions in losses to the lenders, including Bank of America, Regions Bank, SunTrust Bank, and Wachovia Bank. The properties referred to in the indictment consist of multiple vacant lots in a community development in North Carolina.
Randy Lee Wilkins, 47, Gilroy, California, after a four-day trial, was found guilty by a federal jury who stayed until 5:15 p.m. to return the verdict.
Alexander A. Romaniolis, 48, Irvine, California, pleaded guilty to mortgage fraud. A federal grand jury returned the three-count indictment on March 21, 2013, charging Romaniolis with mail fraud.
Mayor Eldridge Walker is facing charges following indictment by a Sharkey County, Mississippi, Grand Jury for his alleged role in submitting false documents to Federal Home Loan Bank.
Jill Dail, 59, Cambridge, Maryland, pleaded guilty to bank fraud in connection with a scheme in which she and her brother, Jeffrey Dail, fraudulently obtained mortgage loans in the names of family members, using the proceeds for their own benefit.