Jose Armando Alvarado, 64, Miami, Florida, a former licensed real estate associate and mortgage broker, was sentenced to serve 135 months in prison for his role in a $2.4 million mortgage fraud scheme.
Archives For Allison Tussey
Alberto Solaroli, 59, Jacksonville, Florida, a Canadian citizen, who was living and working in Jacksonville, Florida, has been indicted on charges that he borrowed $1.5 million via false pretenses from OneBanc in April 2007.
Ondrea Shabazz, 47, Youngstown, Ohio, is charged in a 59-count indictment for fraudulently obtaining ownership of more than two dozen distressed properties in Mahoning County, Ohio, and resold them for about $1 million.
Michelle Malufau, 47, Laie, Oahu, was found guilty by a federal jury of bankruptcy fraud related to the Chapter 7 bankruptcy that she filed in 2011.
Brandon Hanly, 33, Redding, California, was sentenced by U.S. District Judge William B. Shubb to four years in prison for a mortgage fraud scheme.
Loan Tech Inc., Encinitas, California, a mortgage loan processor, and its president, Emily Kaye-Eddie, agreed to settle a lawsuit seeking damages and civil penalties for a 2008-2009 mortgage fraud scheme that caused losses to the Federal Housing Administration.
Bernadino J. Pavone, Jr., 48, Macomb, Michigan, and Abood Samaan, 50, Ypsilanti, Michigan, two former business partners, were sentenced after pleading guilty to wire fraud for a scheme that allowed unsuspecting consumers to disguise their true credit-worthiness and to trick potential lenders into risky credit relationships.
Kimberly Eileen McMillian, a/k/a Kimberly Simmons and Kimberly Simmons McMillian, 46, Baltimore, Maryland, was sentenced by U.S. District Judge George L. Russell III sentenced to two years in prison, followed by five years of supervised release, for wire fraud in connection with a fraud scheme involving more than $1 million in fraudulently obtained mortgages.
Alois Craig Weingart, 60, Castle Rock, Colorado, was sentenced to 30 months in prison for his role in mortgage fraud scheme with losses to lenders totaling $12 million.
Stephanie Hand, 49, Livingston, New Jersey, a lawyer, Julio Concepcion, 48, Passaic, New Jersey, and Thomas D’Anna, 38, Saddle Brook, New Jersey, were indicted on charges that they conspired to steal approximately $873,520 from a lender by using stolen identities to file fraudulent mortgage loan applications for two real estate transactions, falsifying settlement statements and diverting loan proceeds.