Missouri
Mortgage Fraud - Missouri
Thursday, May 10, 2007
Jury Convicts Broker For Fraudulent Scheme
Jason E. Branch, Sr., 42, Grandview, MO, was found guilty by a jury of conspiracy to commit mail fraud and wire fraud along with additional counts of mail fraud and money laundering. Branch was indicted on July 20, 2006. Branch solicited investors through sales seminars in Kansas City, Florida and Georgia, as well as through the Internet and by...
Tuesday, April 10, 2007
Missouri Real Estate Investor Previously Convicted on Bank, Wire Fraud Charges
Raymond Zwego, Jr. expects to be a witness for the government when the case against him and 10 other defendants including former Jackson County, Missouri Executive Katheryn J. Shields and her husband, Philip F. Cardarella goes to trial according to his Motion for Release on Bond filed with the court. In that motion, he states that he is not a...
Tuesday, March 06, 2007
Missouri Forming a Mortgage Fraud Task Force
The state of Missouri announced the formation of a department mortgage fraud task force. The task force, led by Richard Weaver, deputy director for the Division of Finance, consists of personnel from the Insurance Consumer Affairs Division, the Real Estate Commission and the Real Estate Appraisers Commission. “Mortgage fraud affects lenders,...
Friday, February 09, 2007
Missouri Real Estate Developer Pleads Guilty to Mortgage Fraud
Larry D. Wills, 50, Kansas City, Missouri, pled guilty to tax and wire fraud and money laundering. He claimed personal income tax refunds to which he was not entitled and filed fraudulent corporate tax returns for his business, WB Enterprises, a real estate development firm. Wills also pleaded guilty to working with Ida Mathis to defraud New...
Wednesday, February 07, 2007
Missouri Title Exec Pleads Guilty to $3.2 Million Theft
Norvel Brown, President of Mississippi Valley Title Company, pled guilty to charges of stealing more than $3.2 million from HUD and commercial escrow accounts and the theft of $17,900 from his employees 401k benefit plan. He pled guilty to one felony count of wire fraud and one felony count of theft from an employee benefit plan. Brown now faces...
Missouri Broker and Three Others Indicted on Flipping Charges
Bennie Clark, Michael Jackson, Robert Casey and Donna Brown were indicted for their involvement in a mortgage scheme involving several St. Louis, Missouri, area properties. Additionally, Brown is charged with bankruptcy fraud. Bennie Clark worked in the mortgage brokerage field as owner and operator of World Wide Financial, LLC, providing...
Monday, February 05, 2007
Missouri Mortgage Broker and Husband Charged with Mortgage Fraud
Anna and Mark Bonds were indicted on ten charges involving a mortgage scheme. Anna Bonds was indicted by a federal grand jury on nine felony counts of mortgage fraud and one felony count of conspiracy to commit mail fraud. Mark Bonds was indicted on four counts of mortgage fraud and one count of conspiracy to commit mail fraud. Mortgage fraud...
Thursday, February 01, 2007
Missouri Mortgage Banker Charged with Mortgage Fraud
Rose A. Shaw, St. Charles, Missouri, was indicted on multiple mail and wire fraud charges, along with a forgery charge alleging that she signed a judges name on a bankruptcy document. Shaw was indicted on five felony counts of mail fraud, one felony count of forgery and one felony count of wire fraud. According to the indictment, Shaw received...
Wednesday, January 10, 2007
Mayoral Candidate among Eleven Indicted in Missouri Mortgage Fraud
A former Jackson County, Missouri, official and her husband were among those indicted by a federal grand jury for conspiracy and wire fraud for their role in a scheme to engage in mortgage fraud. A day after being indicted, Katheryn Shields filed to run for mayor of Kansas City, Missouri. Shields was quoted as saying that the federal charges...
Thursday, January 04, 2007
Kansas City Appraiser Sentenced To Two Years
Phillip D. Thomas, 50, appraiser, Kansas City, Missouri, was sentenced to twenty-four months in federal prison and was ordered to pay $6,309,277.20 in restitution for his role in a conspiracy to defraud home buyers and mortgage lenders of millions of dollars. Thomas pled guilty to conspiracy, wire fraud and money laundering on April 27, 2005. ...
Thursday, December 14, 2006
Second Guilty Plea in $5M Missouri Mortgage Fraud
Doris J. Taylor, 59, real estate broker, Kansas City, Missouri, pleaded guilty to transferring money obtained illegally through fraud across state lines. Taylor was indicted on April 5, 2006. Mortgage fraud is a serious offense that will be vigorously prosecuted, Missouri United States Attorney Bradley J. Schlozman said, not only because of...
Friday, December 01, 2006
Kansas Builder Indicted On New Charges
The First Rule of Holes - When you’re in one, stop digging . . .
A grand jury in Topeka, Kansas returned an indictment charging a Kansas City home builder with violating a court order and trying to interfere with a federal investigation. Already under indictment on charges including conspiracy to commit bank fraud and money laundering, F. Jeffrey Miller, 45, Stanley, Kansas, was allowed to continue doing...
Thursday, November 30, 2006
Cease And Desist Orders Pending Against 16 Missiouri Title Agencies
The Missouri Department of Insurance, Financial Institutions & Professional Registration released information regarding its recent investigations into several St. Louis area title agencies. The findings of this investigation prompted the Consumer Affairs Division of the department to request that Cease and Desist orders be issued to several of...
Monday, October 16, 2006
Three Prior Employees of Ameriquest Sentenced In Missouri Mortgage Fraud
Sentenced Range from One to Three Years for Conspirators of Brent Barber
Three mortgage company employees were sentenced in Kansas City, Missouri for their role in a property flipping scheme and mortgage fraud that involved nearly 300 fraudulent loans worth almost $20 million. Roderick Neil Criss, 35, Kansas City, Missouri, formerly the branch manager at Ameriquest Mortgage in Gladstone, Missouri, and president of ...
Thursday, July 20, 2006
False Income Documents and Verifications Underlie Indictment of Missouri Couple
Ida Mathis, 52, Kansas City, Missouri, and Larry D. Wills, 50, Kansas City, Missouri, were charged in a two-count indictment returned by a federal grand jury in Kansas City, Missouri for wire fraud and money laundering as part of a fraudulent mortgage transaction. Count One of the federal indictment alleges that Mathis and Wills, aiding and...
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Rachel Dollar is an attorney and Certified Mortgage Banker who handles fraud recovery litigation for lenders and secondary market investors nationwide. She is a nationally recognized speaker on the topic of mortgage fraud. Ms. Dollar is licensed to practice law in California and maintains offices in Santa Rosa, California. 
