Man Sentenced for Foreclosure Delay Scheme

Allison Tussey —  May 11, 2011 — Leave a comment

Charles C. Jamison, 30, Citrus Heights, California, was sentenced by United States District Judge Lawrence K. Karlton to two years and eight months in prison, to be followed by three years of supervised release. Jamison pleaded guilty to bankruptcy fraud charges on February 16, 2011.

According to court documents, Jamison used the bankruptcy process to fraudulently delay foreclosures pending on the homes of clients he solicited through a program called “Stop Now.” Through blind mailings, distressed homeowners in the Sacramento area received a flyer in which Jamison, using a fictitious identity, falsely promised homeowners that, for a fee, he could help them stop a trustee sale and save their homes.

United States Attorney Benjamin B. Wagner announced the sentence.

This case is the product of an investigation by the Federal Bureau of Investigation. Assistant United States Attorney Dominique N. Thomas prosecuted the case.

This law enforcement action is part of the work being done by President Barack Obama’s Financial Fraud Enforcement Task Force. President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes. One component of the FFETF is the national Securities Fraud Working Group, which is tasked with combating investment fraud schemes. For more information on the task force, visit

Allison Tussey

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