Thursday, October 30, 2008
Detriot Man Admits Loan Application Misreps
Sandy Robinson, 50, Detroit, Michigan, pleaded guilty to committing bank fraud in connection with a mortgage fraud conspiracy. One of Robinson‘s codefendants, Danyell Johnson, pleaded guilty on September 8, 2008; two other indicted co-conspirators, Pierre Greene and Jacque Miller, are awaiting trial.
The evidence before the Honorable Gerald E. Rosen established that from July 2005 through February 2006, Sandy Robinson aided and abetted his codefendants and others in obtaining fraudulent mortgage loans totaling approximately $350,000 for properties located at 13329 Flanders, 17174 Joann, 13707 Glenwood, 17160 Fairport and 11072 / 11074 Promenade, Detroit, Michigan.
For example, on September 12, 2005, to obtain a mortgage for $83,600 on the property at 13329 Flanders, Detroit, Robinson falsely represented that he had been employed by Perfect Choice Cleaning and Maintenance during the previous 3 years with a monthly salary of $3,400, and that he had rented a home at 5304 Rohns. In fact, Robinson was serving a prison sentence in the custody of the Michigan Department of Corrections from April 24, 2003 through April 19, 2005, so he had been neither gainfully employed nor a resident of Detroit during that time period.
The lending institutions relied upon these false statements, as well as upon additional materially false representations by others involved in the mortgage fraud scheme, and extended mortgage loans on the 5 properties. The loans went into default, resulting in losses totaling approximately $350,000 to federally insured financial institutions (including Deutsche Bank Trust Company North Americas).
Acting United States Attorney Berg said, “Mortgage fraud is not only a threat to the economy, but to all American homeowners, and those who dream of one-day becoming a homeowner. My office and the FBI have committed major resources to investigate and prosecute those who have tried to illegally exploit the housing market for their own material gains.”
Sandy Robinson‘s sentencing hearing is set for January 26, 2009. A conviction for this offense carries a maximum penalty of 30 years in prison or a $1,000,000 fine, or both. The sentence will be imposed under the United States Sentence Guidelines according to the nature of the offense and the criminal background, if any, of the defendant.
US Attorney Berg was joined in the announcement by Special Agent in Charge Andrew G. Arena of the Federal Bureau of Investigation.
mortgage fraud
This all seems intersting, but, I cant find anyone who cares!
I’ve have the evidence in a particular case, the seller’s name was forged, as determined by 2 forensic document examiners, the settlement sheets were changed to help the buyer qualify for a loan he wasn’t qualified for, the lender was decieved into thinking the buyer was qualified and the seller was cheated out of money due and she didnt even agree to the sale. The police were contacted, the sheriffs offce, the state police, the banking commission, the governor and the FBI. No one cares! We have been sued by the tennants, spent over $12000. in legal fees to recover damages and to get a ruling that the signature is not real so we aren’t held liable for the bank fraud and we cant get anywhere. The judge says a title company isn’t a “professional” business so we cant even recover legal expenses. This company and thier lawyer are so comfortable with the forged documents and documents with witnesses to signatures that arent there that they don’t even notice it. We’re sick of it does anyone know who cares? These people need to be stopped, we cant afford to continue and we dont want to be liable for participating in bank fraud.
Posted by on 11/06 at 03:06 PM
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Mortgage Scam Ends with Prison
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No Contest Plea Entered in Real Estate Fraud Case
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Juan Carlos Alcala of Windsor pleaded no contest to nineteen felony counts and admitted three special allegations for defrauding real estate investors, money laundering and elder fraud.
Bedford Woman Sentenced to a Year in Prison for Mortgage Fraud
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Sharon Cox, 49, of Bedford, was sentenced today to a year in prison for mortgage fraud involving money laundering, theft and receiving stolen property from August 2008 through March.
CITIZEN JOURNALISM: Mortgage Fraud High in Area
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According to the FBI, Virginia, Maryland and the District are among the top 10 jurisdictions experiencing mortgage fraud.
Former Vegas Resident Charged with Mortgage Fraud in Nevada
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Trial coverage provided by Anne Mitchell, Crazy Fish Realty.
F. Jeffrey Miller Update - October 20, 2009
A hearing was held in Topeka, Kansas in front of Judge Julie Robinson. Miller is currently being held pending his sentencing which is set for December 22nd, 2009 at 9:00 a.m.. Steve Vanatta and Hallie Irvin, Miller's codefendants, will be sentenced at that time also.
Several motions were heard this week. One was a motion for Miller to be released pending his sentencing. Miller's attorney, Jeff Morris, argued that the court had dismmissed with predjudice the matter involving Miller's purchase of a commercial lawnmower, violating the court ordered monitoring agreement. He also argued that Miller was not a flight risk and should be released. This motion was denied.
Another motion heard by Judge Robinson was that of an escrow account containing proceeds from the sale of Miller's forfeited assets. This account has a balance of $143,000. Attorney Morris argued that his firm was due $100,000 for work done in the Miller matter, to date. The government argued that his 'un-itemized fees' were 'exhorbitant'. The balance of the funds, Morris argued, should be released to the Miller family to help pay for mounting household expenses.
The government argued that the 'Asset Forfeiture Provision' applies down to 'the last penny' and that 'the rights of the victims to made whole are of paramount immportance' and that no routine household expenses like Visa bills, are allowed.
Attorney Morris argues that there is more than enough assets to satisfy the jury's judgement of $2.65 million dollars. The government argues that the estimated value of his assets are only $1.4 million.
The government also stated that Miller has been paid dividends from a company Miller has an ownership interest in; Boreflex. From July, 2008 to present, Miller has been paid $330,509.30 from Boreflex, unbeknownst to the court appointed monitor.
Present in the courtroom was Todd Earnshaw. Earnshaw was indicted along with Miller and others in what is commonly referred to as 'Miller I'. That trial is scheduled to begin on January 11, 2010 in Topeka, Kansas.
More Trial Coverage
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