Missouri
Mortgage Fraud - Missouri
Tuesday, August 14, 2007
Mortgage Fraud Trial Begins In Missouri
Trial began in the highly-publicized case involving Saundra McFadden-Weaver, ex-Kansas City, Missouri, councilwoman. The opening statements centered around the defendant’s misrepresentation as to occupancy of the Lee Summit, Missouri, residence and McFadden-Weaver‘s general state of mind during the 2005 loan transaction. As previously reported...
Wednesday, August 08, 2007
Missouri Man Pleads Guilty to Mortgage Fraud Scheme
Ricky L. Hamilton, 52, Grandview, Missouri, pled guilty to a scheme involving a Kansas City, Missouri, City Councilwoman Saundra McFadden-Weaver. Hamilton was among three co-defendants indicted by a federal grand jury for conspiracy and wire fraud for their role in a scheme to engage in mortgage fraud. As previously reported by Mortgage Fraud...
Monday, July 30, 2007
Missouri Mortgage Broker Indicted for Fraud
Kimberly M. Davis, 42, Lee’s Summit, Missouri, was charged in a 14-count indictment returned by a federal grand jury in Kansas City, Missouri. The federal indictment alleges that Davis used the names, Social Security numbers and birth dates of three separate victims, without their permission, to purchase two homes in Lee’s Summit. Davis is...
Friday, July 27, 2007
Missouri Woman Pleads Guilty to Mortgage Fraud
Ida Mathis, 52, Kansas City, Missouri, pled guilty to charges contained in a federal indictment admitting that she and co-defendant Larry D. Wills, 50, who resides with her, defrauded New Century Mortgage by submitting several fraudulent documents with a $472,500 loan application to purchase property at 100 W. Bannister Road, Kansas City,...
Thursday, June 28, 2007
Another Defendant Pleads Guilty in Notorious Mortgage Fraud Case
Michael Rodd, 53, a real estate agent doing business as Heartland of America, Inc., Olathe, Kansas, plead guilty to conspiracy for his role in a mortgage fraud scheme most notably known to include the sale of former Jackson County, Missouri, Executive Katheryn Shields‘ house. By entering into the plea agreement, Rodd admits that he knowingly...
Tuesday, May 22, 2007
Two More Plead Guilty to Mortgage Fraud
James E. Coleman, 59, and James R. Rhoades, 48, Kansas City, Missouri, pleaded guilty in separate appearances to a federal indictment. The January 2007 indictment charges Coleman and Rhoades for their part in a mortgage fraud scheme in which each of the defendants conspired and agreed to obtain and retain (for personal use) money from Fieldstone...
Wednesday, May 16, 2007
Appraiser Pleads Guilty to Missouri Mortgage Fraud
Jeremy Plagman, Kansas City, Missouri, plead guilty to a one-count indictment charging him in connection with a mortgage fraud scheme that also allegedly involved a mayorial candidate. Plagman initially entered a plea of not-guilty to the indictment that charged a total of 11 defendants in a mortgage fraud scheme. Plagman was an appraiser,...
Monday, May 14, 2007
Man Sentenced In $17.5 Million Mortgage Fraud Scheme
Jeffrey Tyler Wine, 28, Kansas City, MO, was sentenced in U.S. District Court to five years in federal prison without parole. The court also ordered Wine to pay $4,946,748 in restitution. The business owner was sentenced for a $17.5 million mortgage fraud scheme that involved 280 residential properties. Last year, Wine pleaded guilty to mortgage...
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...
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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 
