Hussein “Sam” Nazzal, 58, Dearborn, Michigan, a businessman, and Edward A. Schneider, 59, Dearborn, an attorney, were found guilty of multiple counts of fraud and commercial bribery after a three-week trial before U.S. District Judge David M. Lawson.
Continue Reading...George Kubini, 48, Verona, Pennsylvania; Dov Ratchkauskas, 46, Pittsburgh, Pennsylvania; Sandra Svaranovic, 52, Pittsburgh, Pennsylvania; and Arthur Smith, 63, Pittsburgh, Pennsylvania, have been indicted by a federal grand jury on charges of conspiracy, wire fraud, bank fraud, filing false tax returns, and failing to file tax returns.
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OC Weekly (blog)An Irvine man who recruited five straw buyers to buy eight residential properties in San Clemente and the Sacramento-area cities of Rocklin and Roseville has been charged with federal mail fraud…
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According to the superseding indictment presented to the court, Kubini, Ratchklauskas, Svaranovic, Smith, and a number of other individuals who have already pleaded guilty, participated in a multi-faceted …
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Alexander A. Romaniolis, 48, Irvine, California, was arrested in Huntington Beach, California, for mortgage fraud relating to an alleged straw buyer scheme.
Armando Granillo, 44, Huntington Beach, California, a former sales associate with Fannie Mae, was named in a federal grand jury indictment that accuses him of taking kickbacks from a real estate broker in exchange for providing him with foreclosed properties to sell on behalf of the mortgage agency.
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James Thomas Webb, 51, has been charged in a 50 count indictment for his alleged role in an appraisal fraud scheme resulting in blighted neighborhoods after borrowers defaulted on the loans.
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David Burrus, Jr., 39, Burns, Tenneesee, formerly of Virginia Beach, pleaded guilty in Norfolk, Virginia, federal court to conspiring to commit mail and wire fraud in conjunction with mortgage loans he obtained from 2005 through 2007.
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John Leadbeater, 54, Kearny, New Jersey, and Daniel Cardillo, 49, Wildwood, New Jersey, have been indicted and charged as alleged conspirators in a $13 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos at the Jersey shore are charged in connection with the scheme.
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Larry Bradshaw, 55, was indicted by a federal grand jury on one felony count of wire fraud and one felony count of theft of government money for obtaining a reverse mortgage on a woman’s home and using the…
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