Local Records Office, Bellflower, California, a company that allegedly preys on unsuspecting new property owners, is the subject of a Consumer Protection Act lawsuit.
Michael Angelo Munoz, 34, Bakersfield, California, pleaded guilty today to two counts of mail fraud relating to his involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007. On November 12, 2013, co-defendant Jayson Peter Costa, 40, also of Bakersfield, pleaded guilty to conspiracy to commit mail fraud, wire fraud, and bank fraud relating to the same mortgage fraud scheme.
Juan Velez, 60, Waterford, Connecticut, was sentenced by U.S. District Judge Robert N. Chatigny to 12 months and one day of imprisonment, followed by five years of supervised release, for his role in a mortgage fraud scheme.
Hussein “Sam” Nazzal, 60, Dearborn, Michigan, the owner of a real estate company was sentenced to 110 months in prison, and Edward A. Schneider, 60, Dearborn, Michigan, a former attorney, was sentenced to 48 months in prison following their convictions for bank fraud and commercial bribery.
Ging—Hwang “Felicia” Tsoa, 59, Broadlands, Virginia, was convicted by a federal jury of conspiracy to commit bank fraud and two counts of bank fraud in connection with her role in a large-scale mortgage fraud scheme.
Diane Cobb, 56, and Paul Sloane Davis, 74, have been charged with fifteen counts of conspiracy, mail fraud, and wire fraud, and Diane Cobb has also been charged with five counts of aggravated identity theft.
Jose Armando Alvarado, 64, Miami, Florida, a former licensed real estate associate and mortgage broker, was sentenced to serve 135 months in prison for his role in a $2.4 million mortgage fraud scheme.
Alberto Solaroli, 59, Jacksonville, Florida, a Canadian citizen, who was living and working in Jacksonville, Florida, has been indicted on charges that he borrowed $1.5 million via false pretenses from OneBanc in April 2007.
Ondrea Shabazz, 47, Youngstown, Ohio, is charged in a 59-count indictment for fraudulently obtaining ownership of more than two dozen distressed properties in Mahoning County, Ohio, and resold them for about $1 million.
Michelle Malufau, 47, Laie, Oahu, was found guilty by a federal jury of bankruptcy fraud related to the Chapter 7 bankruptcy that she filed in 2011.