Bernadino J. Pavone, Jr., 48, Macomb, Michigan, and Abood Samaan, 50, Ypsilanti, Michigan, two former business partners, were sentenced after pleading guilty to wire fraud for a scheme that allowed unsuspecting consumers to disguise their true credit-worthiness and to trick potential lenders into risky credit relationships.
Kimberly Eileen McMillian, a/k/a Kimberly Simmons and Kimberly Simmons McMillian, 46, Baltimore, Maryland, was sentenced by U.S. District Judge George L. Russell III sentenced to two years in prison, followed by five years of supervised release, for wire fraud in connection with a fraud scheme involving more than $1 million in fraudulently obtained mortgages.
Alois Craig Weingart, 60, Castle Rock, Colorado, was sentenced to 30 months in prison for his role in mortgage fraud scheme with losses to lenders totaling $12 million.
Stephanie Hand, 49, Livingston, New Jersey, a lawyer, Julio Concepcion, 48, Passaic, New Jersey, and Thomas D’Anna, 38, Saddle Brook, New Jersey, were indicted on charges that they conspired to steal approximately $873,520 from a lender by using stolen identities to file fraudulent mortgage loan applications for two real estate transactions, falsifying settlement statements and diverting loan proceeds.
Michael Rory Woods, 44, Buffalo, New York, was charged by criminal complaint with making false statements on a loan application in order to secure a refinance mortgage.
David Joe Cano, 41, Arlington, Texas, was sentenced by Chief U.S. District Judge Sidney A. Fitzwater to 87 months in federal prison and ordered to pay $1,795,125 in restitution for his nearly two-year role in a scheme to launder the proceeds of mortgage fraud.
Carlyle “Carl” Lee Cole, 66, and Caleb Lee Cole, 37, and Sneha Ramesh Mohammadi, 41, all of Bakersfield, California, pleaded guilty to charges stemming from their involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007.
Deborah L. Kistner, 50, Hilliard, Ohio, was sentenced to 66 months in prison, five years of supervised release, and ordered to repay victims $9,644,601.84 for deceiving lenders while securing fraudulent real estate loans in three different conspiracies between July 2006 and July 2010.
J. Patrick Brester, 41, Sarasota, Florida, was sentenced by U.S. District Judge Richard A. Lazzara to six years in federal prison for conspiring to commit wire fraud affecting a financial institution, and committing wire fraud affecting a financial institution.
John Carlisle, 49, New Haven, Indiana, pled guilty before Magistrate Judge Christopher A. Nuechterlein to the felony offense of making false statements and reports regarding mortgage loans and aiding and abetting in such conduct.