Everett Pope, aka Jonathan Pincuss, 38, Bolingbrook, Illinois, and Colbi Andry, aka Richard Lockwell and Rich Ingram, 38, Chicago, Illinois, who operated various businesses at multiple Chicago area locations since at least 2009 are facing federal fraud charges for allegedly charging thousands of dollars in advance fees, purportedly to help individuals modify their existing home mortgage loans, but then failing to provide the services they promised.
Lester Soto, 57, Freehold, New Jersey, owner of a mortgage company that was responsible for a long-running, large-scale mortgage fraud that caused losses of more than $30 million admitted his role in the scheme.
Robert Thomas, 36, Lakeworth, Florida, was sentenced to 40 months in federal prison for knowingly participating in a fraudulent telemarketing scam that victimized timeshare owners nationwide.
Marcin Malarz, 48, formerly of Lake Forest, Illinois, a former securities broker, and and Arthur Lin, 39, Palatine, Illinois, his associate in a real estate business that converted apartments into condominiums, were indicted for allegedly fraudulently raising more than $9 million from approximately 25 investors and misappropriating a substantial portion of the money, resulting in a loss of at least $5.5 million.
Nathan Shane Wolf, 42, Charlotte, North Carolina, Denetria Montresa Myles, 42, Charlotte, were convicted following a week-and-a-half-long trial by a federal jury on all charges relating to a $75 million racketeering conspiracy.
Bhardwaaj “Deo” Seecharan, 53, Orange County, Florida, was sentenced for his participation in an extensive mortgage fraud scheme.
Guy Samuel, 32, Richmond Hill, New York; the co-owner of a company that purported to provide mortgage modification services, and four former employees of the company, Anthony Blackwell, 47, Manhattan, New York; Angel Gonzalez, 31, Rosedale, New York; Jonathan Lyons, 51, Rockville Center, New York; and Aren Goldfaden, 36, East Rockaway, New York, have been indicted for their alleged participation in a multimillion-dollar scheme that victimized more than 500 financially struggling homeowners across the country.
C. Tate George, 45, Newark, New Jersey, former NBA basketball player and the CEO of purported real estate development firm The George Group, was convicted on all counts on which he was indicted in connection with his role in orchestrating a $2 million investment fraud scheme.
Penguin Properties LLC and its owner, Seth D. Lynn, a Georgia real estate investor, pleaded guilty for their role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Georgia.
James Timothy Malis, 66 and son Nicholas Malis, 37, both of Las Vegas, Nevada, were indicted by a Clark County grand jury on several felonies in connection with their operation of a mortgage fraud scam.