Pennsylvania
Mortgage Fraud - Pennsylvania
Tuesday, March 24, 2009
Broker Receives 5 Month Sentence for Mortgage Fraud
Diane Flannery, 47, a mortgage broker and loan officer for Source Mortgage Company, was sentenced to 5 months in prison, 3 years supervised released and ordered to pay $58,379.52 in restitution. As previously reported by Mortgage Fraud Blog, Flannery and David Paul, 50, a real estate investor, were indicted and charged with mail fraud in...
Wednesday, March 04, 2009
Straw Buyer Sentenced to Probation
Marlin Sprouts Jr., 53, Uniontown, Pennsylvania, was sentenced in federal court in Pittsburgh on a felony charge that he conspired with his daughter and others to commit mortgage fraud. Sprouts received 36 months probation, ordered to pay $697,500.00 in restitution and a $100.00 special assessment. US Attorney Mary Beth Buchanan filed a motion...
Friday, February 13, 2009
16 Indicted In House Stealing Scam Involving 80 Properties
16 individuals have been indicted by a Pennsylvania Grand Jury for a house-stealing scam that occurred in and about Philadelphia, Pennsylvania, involving over 80 properties: Carlos Quiles, Ivan Delgado, Troy Baylor, Richard Smith, Kenneth Lyons, Lenora Irene Jackson, Rebecca A. Robinson, Juanita Torres, Alberto Rodriguez, Daralease Brown,...
PA DA Sets Up Hotline For VIctims Of House Stealing
The Philadelphia District Attorney’s Office set up a special hotline number for those who are victims of “house stealing”. The number for the Economic Crime Complaint Hotline is 215-686-9901. Callers should leave a message and a number where investigators may contact them. Saying that that the defendants “are intent on ripping people off by...
Thursday, February 05, 2009
2 Indicted In Pennsylvania Mortgage Fraud Scheme
Anthony J. Staph Jr., 42, New Castle, Pennsylvania, was indicted by a Pennsylvania Grand Jury and charged with Bank Fraud.
The indictment alleges that Staph participated in a Bank Fraud Scheme involving Affordable Housing of Lawrence County, Inc. and First Commonwealth Bank. It is alleged that participants in the bank fraud scheme arranged for ...
Mortgage Fraud Task Force Recognizes 1 Yr Anniversary
The Western Pennsylvania Mortgage Fraud Task Force, a strategic partnership intended to combat the growing problem of mortgage fraud in the Greater Pittsburgh region, was recognized by United States Attorney Mary Beth Buchanan and key officials from federal, state and local law enforcement and regulatory agencies on it’s one year anniversary. The...
Tuesday, January 27, 2009
Pennsylvania Broker Will Be Sentenced In February
Richard J. Thomas, Pittsburgh, Pennsylvania, was set to be sentenced November 20, 2008, however his sentencing has been continued to February 20, 2009, at 3 pm. As previously reported by Mortgage Fraud Blog, Thomas pleaded guilty to a charge of mail fraud before United States District Judge Joy Flowers Conti. In connection with the guilty plea,...
Wednesday, November 19, 2008
Loan Officer Sentenced to 41 Months in Prison for Mortgage Fraud
Brian Tray, 52, Pittsburgh, Pennsylvania, has been sentenced in federal court in Pittsburgh, Pennsylvania to 41 months of incarceration and five years of supervised release on his conviction of Conspiracy, Bank Fraud and Wire Fraud, all in connection with a mortgage fraud scheme. According to information presented to the court, Tray worked as a...
Wednesday, October 22, 2008
Atlanta Woman Charged And Pleads Guilty
Nancy Barlet, 50, Atlanta, Georgia, a woman who allegedly used false and fraudulent employment information to obtain mortgages and purchase several properties in the Wilkes-Barre, Pennsylvania area was charged with mail fraud as an aider and abettor in a criminal Information filed by the U.S. Attorney’s Office. Barlet has signed a plea...
Pennsylvania Man Indicted For Mortgage Fraud
Alex Gambini, 42, Greeley, Pennsylvania, was charged in an indictment returned by a federal grand jury with using the mails to further a scheme in which false real estate appraisals and false employment documents were used by his company, First Advantage Financial, to qualify customers for inflated mortgages. The indictment states that Gambini...
Friday, August 29, 2008
Woman Pleads Guilty In $4.6M Mortgage Fraud Scheme
Joyce Davern, 37, Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of Wire Fraud Conspiracy before Chief United States District Judge Donetta Ambrose. In connection with the guilty plea, Assistant United States Attorney Brendan T. Conway advised the court that Davern participated in a large mortgage fraud conspiracy that...
Monday, August 18, 2008
Guilty Plea In Pennsylvania Mortgage Fraud Case
Kelly Fields, 36, Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of Wire Fraud Conspiracy. Fields pleaded guilty before Chief United States District Judge Donetta Ambrose. In connection with the guilty plea, Assistant United States Attorney Brendan T. Conway advised the court that Fields participated in a large mortgage...
Mortgage Broker Admits Defrauding Lenders
Richard J. Thomas, 44, Pittsburgh, Pennsylvania, pleaded guilty in federal court in Pittsburgh to a charge of mail fraud. Thomas pleaded guilty to one count before United States District Judge Joy Flowers Conti. In connection with the guilty plea, Assistant United States Attorney Luke Dembosky advised the court that, from in and around May 2002...
Tuesday, July 15, 2008
Guilty Plea In Pennsylvania Misrep Scheme
Carrie Webb was charged in a criminal Information with wire fraud conspiracy in connection with a mortgage fraud scheme. Webb and other conspirators at People’s Home Mortgage identified in the Information as ”LT” and ”CC”, allegedly submitted loan applications to lenders containing material misrepresentations as to borrowers’ financial...
Monday, July 14, 2008
Loan Processor Received More Than 3 Years For Approving Fraudulent Loans
Marcus Wiseman, Bethesda, Maryland, was sentenced to a term of 41 months, 5 years supervised release and restitution in the amount of $375,861, for processing and approving loans for two other individuals when he knew that the loan applications contained false representations. Restitution payments were ordered joint and several with Jeffrey...
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Rachel Dollar, the editor of Mortgage Fraud Blog, is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors. She is an author and a nationally recognized speaker on the topic of mortgage fraud. Ms. Dollar is a shareholder with the law firm of 
