Kevin Patrick Sluga, 60, and his wife, Leslie Sluga, 57, Bakersfield, California, have been sentenced for their roles in the Crisp & Cole mortgage fraud scheme wherein the defendants and other individuals defrauded lenders by causing materially false and fraudulent statements to be submitted in mortgage loan applications and related documents to obtain loans from lenders for property purchases.
Jarrod Jamiel Williams, 35, McKinney, Texas, Christopher Davis Allen, 42, and his ex-wife, Cheryl Renee Allen, 51, both of Dallas, Texas, Arzonda Murchison, 43, Dallas, and Aaron Robert Martell, Georgia, who were convicted for their roles in a mortgage fraud scheme that caused more than $3 million in losses to lenders, have been sentenced to prison.
Nathan Smith, Patrick Steven, Jason Springer, Rick Makohoniuk, and Jerod Hogan, have each been indicted and charged with bank fraud based on their participation in an alleged fraudulent property flipping scheme in Des Moines, Iowa.
Luis Michael Mendez, 44, and Wilkie Perez, 39, both of Miami, Florida, pleaded guilty to participating in a mortgage fraud scheme involving the sale of condominium units to straw buyers in the Miami area.
Eva Barroso, 54, Broken Arrow, Oklahoma, a former manager of a credit union was sentenced to serve 27 months for each count of bank fraud and tax evasion for fabricating at least three false loans in the name of nominee entities and individuals without the knowledge and authorization of the purported borrower
Roger Dean Bailey, Jr., 41, Hickory, North Carolina, was sentenced to 30 months in prison for his role in a mortgage and consumer fraud conspiracy involving manufactured and modular homes. From 2004 to 2008, Bailey was involved with the origination of up to 154 fraudulent HUD/FHA-insured mortgages.
Wasseem Shamoun pleaded guilty to conspiracy to commit bank fraud in the U.S. District Court for the Eastern District of Michigan for his role in a scheme wherein he and his co-conspirators purchased property then recruited straw buyers to submit fraudulent loan applications to lenders in exchange for a fee.
Fiorella Sophia Tealdo, 47, Las Vegas, Nevada, was arrested in connection with a mortgage lending fraud scheme in which three victims paid up-front fees ranging from $1,800 – $4,210 toward their mortgage loan modifications, which were never completed.
Brenda Wood, 45, Leavenworth, Kansas, a business owner, has been indicted on federal bank fraud charges for allegedly forging the signature of a second mortgage holder thereby releasing a deed, inflating purchase prices to ensure loan-to-value requirements and submitting false documents to banks.
Manjur Alam, 47, Wichita, Kansas, was sentenced to six years in federal prison for a mortgage fraud scheme wherein he submitted false verification of rent and submitted a false letters of credit to lenders for nominal buyers.