Amy B. Williams, 48, Buford, Georgia, has been indicted by a federal grand jury on charges arising out of a scheme to defraud First Coweta Bank.
Richard Saddler, St. Louis County, Missouri, owned Omicron Capital LLC, a company in the business of assisting customers in refinancing commercial and real estate loans, has been indicted on fraud charges.
Eric Lamarr Drake, 37, Detroit, Michigan, was arrested for allegedly operating a fraudulent mortgage banking business under false pretenses by promising mortgage services, retaining clients’ money and never delivering refunds to those clients.
Angela Corson Smith, 32, Billings, Montana, pled guilty to bank fraud during a federal court session on July 17, 2013, before U.S. District Judge Sam E. Haddon.
Timothy Clarence Bryson, 61, San Diego, California, State Bar #140798, was disbarred for failing to participate in a disciplinary proceeding after receiving adequate notice and opportunity to do so.
Jerry Alonzo Stevenson, 43, San Diego, California, State Bar #262798, was disbarred for accepting advance fees for loan modification matters in violation of Civil Code § 2944.7(a), failing to competently perform legal services, and failing to promptly refund advanced fees.
Jawad “Joe” Quassani, 42, Las Vegas, Nevada, a mortgage agent, has been convicted for his role in a “cash back at closing” mortgage fraud scheme that netted $1.43 million in fraudulent mortgage loans.
Peter Allen, Suhail Hallak, Al Karana, Joey Murad, Jason Najor, Jeffrey Najor, and Wasseem Shamoun have been indicted and charged with conspiracy to commit bank fraud, numerous counts of bank fraud, and other fraud charges.
Sidney L. Hall, 63, Atlanta, Georgia, and formerly of Albany, Georgia, was sentenced by United States District Court Judge, W. Louis Sands to 48 months in prison.
Mark R. Dain, 33, Fairfax, Virginia, pleaded guilty to conspiracy to commit bank fraud and admitted responsibility for fraudulent loan applications involving 22 different properties, which resulted in more than $7 million in losses to various federally insured financial institutions.