Tuesday, December 20, 2005

Last Defendant Sentenced in Lee’s Summit, Missouri Mortgage Fraud

Carl Long, 56, Oak Grove, Missouri was sentenced to three years in federal prison with parole and ordered to pay $79,500 in restitution.  On April 21, 2005, Carl Long pleaded guilty to two counts of wire fraud and one count of money laundering in connection with part of a mortgage fraud scheme among three co-defendants that involved a total of...

Monday, December 05, 2005

Missouri Real Estate Entrepreneur Convicted

Barber Guilty of Conspiracy

A Missouri real estate entrepreneur was convicted by a federal trial jury for orchestrating a property flipping scheme and mortgage fraud conspiracy.

Brent Michael Barber, 41, of Belton, Missouri, was found guilty for his role in a conspiracy to defraud two mortgage lending companies of hundreds of thousands of dollars.

“Brent Barber manipulated...

Thursday, November 10, 2005

Former Title Company VP Pleads Guilty

Thomas Kurzenberger Jr., 37, Ballwin, Missouri, the former vice-president of Title Insurers Agency, Inc., 226 South Meramec Avenue, Suite 200, Clayton, Missouri, was charged by information and pled guilty to one count of mail fraud in connection with allegations that he diverted almost $2.8 million from title company escrow accounts.

According...

Friday, November 04, 2005

Two Men Sentenced in Lee’s Summit, Missouri Mortgage Fraud

Two men were sentenced in connection with a Lee’s Summit, Missouri mortgage fraud scheme alleged to have involved approximately $18M in fraudulent loans.

Anthony Long was sentenced to 2 years in prison, to run consecutively with the sentenced imposed in the companion case, following by 3 years supervised release and was ordered to pay...

Wednesday, October 12, 2005

Two Missouri Men Sentenced in $18M Mortgage Fraud

Anthony Edward Long, 35, Blue Springs, Missouri and Mitchell David Medlin, 43, Lee’s Summit, Missouri were sentenced in separate hearings for wire fraud and money laundering after pleading guilty in connection with a mortgage fraud scheme. 

Long, who pleaded guilty to charges contained in two separate indictments, was sentenced to three years...

Monday, August 29, 2005

Owner of Phoenix Title Pleads Guilty to Wire Fraud

Thurman Admits to Theft of $3.4 Million from Escrow Accounts

James A. Thurman, 41, St. Charles, Missouri, the owner of Phoenix Title Company, St. Charles, Missouri, pleaded guilty to wire fraud in connection with allegations that he defrauded the company of $1.6 million by taking money from customers’ escrow deposits.

Phoenix Title was closed down in April, 2005 and was placed in receivership after...

Monday, August 15, 2005

Missouri Woman Sentenced in Connection with $2M Mortgage Fraud

Guilty Plea to Tax Evasion Results in 18 Month Sentence

Kimberly Williams, 46, Town & Country, Missouri, was sentenced to serve 18 months in prison for tax evasion in connection with her role in a $2 million mortgage fraud scheme. On May 18, 2005 Williams plead guilty to one felony count of income tax evasion. As part of her plea, Williams agreed to pay the proceeds from the sale of her residence to...

Wednesday, August 10, 2005

Sentencing in $1.2 Million Missouri Mortgage Fraud

Jeannita Triggs was charged by information and plead guilty to one count of mail fraud in the United States District Court for the Eastern District of Missouri on August 17, 2004 in connection with a mortgage fraud scheme that cost lenders $1.2M.

The indictment alleges that between January 1999 and February 2002, Triggs devised a scheme to...

Monday, July 18, 2005

Guilty Plea in Kansas City Loan Fraud

Williams Admits to Conspiring with Barber

Vernon David Williams, 58, former mortgage broker, Kansas City, Missiouri plead guilty to conspiracy and fraud in connection with allegations that he conspired with Brent Michael Barber, real estate entrepreneur, Belton, Missouri, to defraud mortgage lending companies. 

In the guilty plea, Williams admitted that he was an employee of mortgage...

Tuesday, July 05, 2005

ABN AMRO Files Civil Suit in Kansas City

Three Defendants Previously Plead Guilty in Flipping Scheme

ABN AMRO Mortgage Group, Inc. filed a civil lawsuit in Kansas City, Missouri federal court against:

Pearl Mortgage Group Inc., Kansas City, Missouri;

Midtown Real Estate Holdings LLC, Kansas City, Missouri;

Jonathan Jennings Realty LLC, Kansas City, Missouri;

Jonathan Jennings, Lee’s Summit, Missouri;

Brighter Homes East Inc., Kansas City,...

Kansas City Fraud Files

An article in The Kansas City Star (As home prices soar, so does mortgage fraud, by Paul Wenske) tracks and recaps recent mortgaqe fraud scheme in Kansas City, Missouri.  There’s also a companion article, Appraisal inflation ‘ticking time bomb’ by Paul Wenske.