Raffi Oghlian, 38, Westwood, New Jersey, a loan officer, admitted to conspiring to defraud financial institutions as part of an approximately $2 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on town homes and other real estate in three states.
Daniel Rosenbledt, Hillsborough, California, a Northern California real estate investor has agreed to plead guilty to his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.
David R. Sharrock, 71, Mansfield, Ohio, man was found guilty of more than two dozen charges in connection with a mortgage fraud scheme which caused approximately $1.3 million in losses to Geauga Savings Bank, J.P. Morgan Chase Bank, Washington Mutual Bank, Interbay Funding LLC, and Suntrust Mortgage Inc.
Robert Hans Schenk, 52, Pacific Palisades, California, was sentenced on September 6, 2013, to four years in prison for wire fraud.
Six borrowers were sentenced in Oregon by U.S. District Court Judge Ann Aiken for their roles in a large-scale mortgage fraud scheme.
Gerry Zobrist, 43, Las Vegas, Nevada, an attorney, was sentenced to 87 months in prison for his involvement in a mortgage fraud scheme that caused more than $30 million in losses to lenders.
Adam Lacerda, 28, and Ashley Lacerda, 32, both of Egg Harbor Township, New Jersey; Ian Resnick, 37, Abescon, New Jersey; and Genevieve Manzoni, 46, Lake Worth, Florida, were convicted by a federal jury for their roles in a $3 million conspiracy to scam customers by offering phony consulting services to propery owners and owners of timeshares through the New Jersey-based Vacation Ownership Group LLC.
Christopher Ginyard, 27, Wichita, Kansas, pleaded guilty to one count of wire fraud; Henry Pearson, Jr., 28, Wichita, pleaded guilty to one count of bank fraud; Janice Young, 26, Wichita, pleaded guilty to one count of wire fraud; and Henry Pearson, Sr., Wichita, pleaded guilty to one count of wire fraud.
Sabah Kennawi, 50, East Hartford, Connecticut, was arrested and charged with criminal impersonation in connection with a mortgage modification scheme.
Michael Swanson, 62, Seaside, California, was convicted by a federal jury on charges of mail fraud, wire fraud, securities fraud, and conspiracy to commit mail and wire fraud.