Mortgage Fraud Blog is the premier website for news and information on mortgage fraud and real estate fraud throughout the United States.
imageRachel 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 Smith Dollar, PC, is licensed to practice law in California and maintains offices in Santa Rosa, California. Email Ms. Dollar

Mortgage Fraud Blog is co-sponsored by Interthinx the leading provider of fraud services and solutions for the mortgage industry.



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July, 2009 - Mortgage Banking Magazine
Flashpoint - FHA Fraud

June 5, 2009 - Miami Herald
Feds Get Tough on Mortgage Fraud

January 18, 2009 - New York Times
Loan Fraud Seen on the Rise

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Recent Posts

- Missouri Man Indicted for $3.6 Million Mortgage Fraud
- Conspirator Pleads Guilty to Arranging Fraudulent Mortgages
- Real Estate Investor Indicted and 2 Guilty Pleas in Separate Mortgage Fraud Schemes
- 12 Charged in 6 Mortgage Fraud Schemes
- 21 Mortgage Debt Relief Companies Sued
- Massachusetts Lawyer Pleads Guilty To Mortgage Fraud
- Arizona Man Tries To Use Counterfeit Check to Buy Real Estate
- 5 Indicted in Michigan Mortgage Fraud Scheme
- Lawsuit Filed Against Mortgage Loan Modification Company for Deceptive Practices
- 2 Indicted For $2.5M Flipping Scam
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Wednesday, May 07, 2008

2 Guilty Pleas In Straw Buyer Scheme

Aryeh Schottenstein, 34, Columbus, Ohio, pleaded guilty to one count of conspiracy to commit wire fraud and one count of money laundering, and Shawn A. Griffin, 38, also of Columbus, Ohio, pleaded guilty to two counts of conspiracy to commit wire fraud and one count of money laundering.

Schottenstein and Griffin were indicted along with Donald F....

   

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Today's News

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Homebuilder Miller’s Party Days May Be Over Soon
Kansas City Star
An alert reader, Nancy Seats in St. Louis, pointed out still more trouble for the now thrice-indicted Kansas City area homebuilder F. Jeffrey Miller.

FBI: L.A. Leads in Mortgage Fraud
Los Angeles Times - CA
The FBI's annual mortgage fraud review says Los Angeles leads the nation in mortgage fraud, measured by reports from the agency's field offices.

Suspected Mortgage Fraud Pushes SAR Filings Up 13 Percent
Financial-Planning.com - New York, NY
An increase in suspected mortgage fraud at banks and thrifts helped push suspicious activity report filings by financial institutions to a record last year, the Financial Crimes Enforcement Network said Tuesday.

25 Charged in $100 Million Mortgage Fraud
CNNMoney.com - USA
The Manhattan district attorney indicted 13 suspects and a mortgage company on Wednesday for running a $100 million mortgage fraud, in which they allegedly fooled banks into financing sham sales.

Falling House Prices Drive up Mortgage Fraud
The Associated Press
Falling housing prices are driving up reports of mortgage fraud, with the FBI saying Tuesday that reported losses are up 83 percent last year and climbing even higher in 2009.

SF Supervisors Aim To End Mortgage Fraud
CBS 5 - San Francisco, CA,
Two San Francisco supervisors introduced legislation Tuesday to help address what they said is the growing problem of mortgage fraud, particularly among low-income residents and communities of color.

Ocala Home Builder Pleads Guilty to Scam
Ocala - Ocala, FL
An Ocala home builder pleaded guilty to one count of organized scheme to defraud Monday for his role in a real estate scam in which dozens of members of Miami's Cuban community were duped into signing falsified loan documents toward purchasing new homes in Marion Oaks.

Law Designed to Prevent Home Appraisal Fraud Causing New Problem
WKRC TV Cincinnati - Cincinnati, OH
It's intended to take fraud out of the appraisal process. But many complain its led to appraisals coming in unrealistically low.

Carol Smith Gets Five Years in Prison for Mortgage Fraud
The Plain Dealer - cleveland.com - Cleveland, OH
Carol McGlothan-Smith, 68, of Aurora, pleaded guilty to 13 felony charges for mortgage fraud involving $2.9 million in fraudulent loans for three houses in Solon.

Kansas Attorney General Launches Effort to Combat Mortgage Fraud, Including 5 Lawsuits
fox4kc.com - Kansas City, USA
Kansas' attorney general has launched a new campaign against mortgage fraud that includes lawsuits against five companies.

Previous Articles

TRIAL COVERAGE

Trial coverage provided by Anne Mitchell, Crazy Fish Realty.

Update - US v. F. Jeffrey Miller, et al.

Miller II: Judge Julie Robinson has ruled in favor of the defense motion granting a continuance for sentencing of the 3 convicted defendants: F. Jeffrey Miller, Steve Vanatta and Hallie Irvin. The three will now be sentenced after ruling on post trial motions set for August 10, 2009.

Vanatta has been in custody for over 2 years.  Vanetta filed a motion for his release pending sentencing. That motion was denied.

Miller remains free pending his sentencing. He has hired a new attorney who filed a motion to delay Miller's sentencing. In one post trial motion, the defense argues as to what assets are subject to seizure.

Defendant Todd Earnshaw is a Kansas City real estate Broker (and brother in law of Miller). Earnshaw has been indicted in what is commonly referred to as Miller I. A trial date for that matter has been set for January, 2010 in Topeka, Kansas.

The Government filed a motion to revoke Earnshaw's bond and remand him to custody while he awaits trial after learning that he allegedly committed the state crimes of Driving Under the Influence, Handicap Parking Violation and Failure to Control Speed to Avoid a Collision while on pretrial release. Notwithstanding finding that probable cause existed to believe that Earnshaw committed the aforementioned state crimes, Judge Robinson denied the motion, but ordered several strict conditions that Earnshaw must follow pending his trial.



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© Copyright 2004-2009 Rachel M. Dollar

Legal Disclaimer.
The information and notices contained on Mortgage Fraud Blog are intended to summarize recent developments in mortgage fraud cases and mortgage banking matters nationwide. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about mortgage banking, mortgage fraud matters or who believe they require legal counsel should seek the advice of an attorney. The creators, editors and sponsors of Mortgage Fraud Blog do not intend to create a confidential relationship or an attorney-client relationship by communication via or arising from this site.

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