Robert Mikail, 41, formerly of Ashburn, Virginia, was sentenced to 52 months in prison, followed by three years of supervised release, for his role in fraudulent mortgage loan transactions involving approximately 36 properties in Northern Virginia and nearly $20 million in fraudulently obtained loans.
Seven defendants have been charged with running an alleged mortgage fraud scheme which resulted in the approval of approximately $49.6 million in fraudulent loans, and millions in losses to the lenders, including Bank of America, Regions Bank, SunTrust Bank, and Wachovia Bank. The properties referred to in the indictment consist of multiple vacant lots in a community development in North Carolina.
Randy Lee Wilkins, 47, Gilroy, California, after a four-day trial, was found guilty by a federal jury who stayed until 5:15 p.m. to return the verdict.
Alexander A. Romaniolis, 48, Irvine, California, pleaded guilty to mortgage fraud. A federal grand jury returned the three-count indictment on March 21, 2013, charging Romaniolis with mail fraud.
Mayor Eldridge Walker is facing charges following indictment by a Sharkey County, Mississippi, Grand Jury for his alleged role in submitting false documents to Federal Home Loan Bank.
Jill Dail, 59, Cambridge, Maryland, pleaded guilty to bank fraud in connection with a scheme in which she and her brother, Jeffrey Dail, fraudulently obtained mortgage loans in the names of family members, using the proceeds for their own benefit.
Gregory Wayne Eagle, 63, Cape Coral, Florida, was sentenced by U.S. District Judge John E. Steele to six years in federal prison for bank fraud, mail fraud, and wire fraud.
Sarah Kate Henecke, 35, also known as Alessandra Valencia Toscanelli, Las Vegas, Nevada, has been indicted for her role in a mortgage fraud scheme.
Teresa Rose, Ramona, California, a real estate agent, was sentenced to 15 months in custody by U.S. District Judge John A. Houston for her role in an investment and mortgage loan fraud scheme that generated tens of millions of dollars in fraudulent loans and millions in illegal kickbacks to the participants.
Jana DeWitt and Kenneth Westfall, licensed real estate agents operating in Colorado Springs, Colorado, have paid the United States $93,500 in civil penalties to settle allegations that they engaged in deceptive conduct that violated the Financial Institutions Reform Recovery and Enforcement Act (FIREEA).