Kil Seok (Michael) Seo, 49, formerly of Fairfax, Virginia, was sentenced to 38 months in prison for engaging in bank fraud and aggravated identity theft as part of a mortgage fraud scheme. Seo also was ordered to pay restitution of $894,600 to several banks that were the victims of Seo’s criminal conduct.
Poppi Metaxas, 60, Hillsborough, California, the former chief executive officer and president of Gateway Bank FSB, with bank fraud, bank fraud conspiracy, and perjury.
Anthony Carta, 53, Detroit, Michigan, has been charged with multiple crimes in connection to his formation of a faith based mortgage assistance scam.
Chad E. Foster, Theodore, Alabama, a former real estate investor, has been indicted and charged with conspiracy to commit mail fraud as part of a scheme related to public real estate foreclosure auctions held in southern Alabama.
Mark Thomas Bowe, Jr., 56, Jonesboro, Georgia, was sentenced by Chief United States District Judge James C. Dever, III to a 42-month term of imprisonment, followed by five years of supervised release, on count one of an indictment charging Bowe with conspiracy to commit bank and wire fraud, in violation of Title 18, United States Code, Section 1349.
Simon H. Aouad, 35, Garnet Valley, Pennsylgania, was sentenced to 70 months in prison and restitution of $5,462,682 for a mortgage fraud scheme involving fraudulently obtained mortgages to purchase properties in North Wildwood, New Jersey, and Dorchester, Masschusetts, and a bank fraud scheme involving fraudulently obtained lines of credit at Wachovia Bank, now Wells Fargo Bank.
David Crisp, 34, San Diego, California, was sentenced United States District Judge Lawrence J. O’Neill to 17 years and 7 months in prison, and Jennifer Crisp, 31, San Diego, was sentenced to five years on probation for charges stemming from their involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007.
Braden Koegel, 35, Apopka, Florida, was sentenced by U.S. District Judge Roy B. Dalton, Jr. to three years and six months in federal prison for bank fraud.
Walter Ryan Macapaz, 36, Houston, Texas, has been ordered to prison along with Tony David Maldonado, 33, Houston, a businessman, and Buffy Marie Lawrence, an attorney and former mortgage loan officer, for their roles in a scheme to defraud residential mortgage lenders of more than $22 million in loans.
Benny Chetcuti, Jr., Walnut Creek, California, has been indicted and charged with wire fraud, stemming from Chetcuti’s real estate investment business.