Charmaine Davis, 54, Waterbury, Connecticut, a mortgage broker, admitted her role in obtaining more than $1 million in fraudulent mortgages for properties in New Haven, Connecticut,
Adam P. Moellers, 35, Mason, Ohio, was sentenced to 36 months in prison and Gary P. Dailey, aka Gary Klump, 33, Covington, Kentucky, was sentenced to 21 months in prison in U.S. District Court for engaging in a foreclosure rescue scheme through a company called American Equity Group (AEG).
Charles Christopher Head, 36, Pittsburg, Pennsylvania, two weeks after being convicted at trial in Sacramento in a huge mortgage fraud case, was arrested in Pennsylvania and charged with a new crime. Head and three others were arrested by detectives from the Moon Township Police on Wednesday, June 12, 2013 during a prostitution sting at an airport area hotel.
Amy Nicole Schloemann, aka Amy Kinney, 36, Vallejo, California, was sentenced this week to 36 months in prison and ordered to pay $5,805,902 in restitution for her role in a real-estate related wire fraud conspiracy.
Becky Lynn Ring, formerly known as Becky Lynn Stoltenberg, 38, Madison, Wisconsin, was sentenced by U.S. District Judge Barbara B. Crabb to 12 months probation and ordered to pay $336,100 in restitution for her role in a mortgage fraud scheme.
Vito C. Grippo, 58, Jackson, New Jersey, and Frederick “Freddie” Grippo, 32, Old Bridge, New Jersey, a father and son who ran a mortgage loan fraud scheme that succeeded in obtaining $4.4 million in mortgage loans while masquerading as a foreclosure rescue operation were both sentenced to prison.
Cynthia Hosbrook, 41, currently a licensed real estate agent in Nevada, and Robert Hosbrook, 51, formerly a licensed real estate agent in Nevada, both of Henderson, Nevada, have been charged in U.S. District Court with conspiracy and fraud for making false statements to Wells Fargo Bank in order to get it to approve a short sale on their home.
James Wazlawik, 48, Prescott, Wisconsin, was sentenced by U.S. District Judge Lynn Adelman to one day in jail, to be followed by three years of supervised release, for making a false statement to a bank in connection with a home equity loan.
Emiel A. Kandi, University Place, Washington, a hard money lender, was arrested after being indicted by the grand jury for conspiracy, making false statements on loan applications, and mail fraud.
Earl Gross, 75, Las Vegas, Nevada, the former president and chief executive officer of U.S. Mortgage, a loan servicing company in Nevada, pleaded guilty for his role in a scheme to defraud Wells Fargo Bank of more than $8 million.