A BROTHER and sister face a hearing under the Proceeds of Crime Act after being convicted of involvement in mortgage scam offences. Last September Ejaz Ul Hassan, 33, of Dewhirst Road, Huddersfield, was jailed…
Continue Reading...Lance Kellow, 36, Henderson, Nevada, following a nine-day jury trial, was convicted of one count of conspiracy to commit mail and wire fraud, three counts of wire fraud and one count of bank fraud for committing mortgage fraud crimes that caused losses to federally insured financial institutions of over $1 million.
Continue Reading...
Nevada Attorney General Catherine Cortez Masto said her office’s Mortgage Fraud Unit highlighted the most common mortgage fraud complaints from 2012, with suspicious or fraudulent loan modification offers…
Continue Reading...
Tobechi Enyinna Onwuhara, 33, formerly of Dallas, Texas, has been arrested in Australia after more than four years as a fugitive and brought to the United States to face charges accusing him of leading a home equity line of credit fraud scheme that attempted to steal more than $38 million and caused approximately $13 million in losses.
Continue Reading...
Patience Lavon Jackson, 50, Arlington, Texas, was sentenced by U.S. District Judge Jane J. Boyle to 63 months in federal prison and ordered to pay $2,801,661.95 in restitution, following her conviction for leading a conspiracy to defraud residential mortgage lenders.
Continue Reading...
At a re-sentencing hearing Friday in U.S. District Court in Jackson, the sentence of 57-year-old Charles H. Evans, Jr., was affirmed. Evans will be required to serve 20 years in prison for his role in one of…
Continue Reading...
CBS Local According to the indictment and evidence presented at trial, Kellow used his experience as a mortgage loan officer to commit mortgage fraud and profit. The government argued that on four occasions, he…
Continue Reading...
Timothy Ricks, 45, East Orange, New Jersey, a former property manager, admitted to conspiring to defraud financial institutions and launder stolen funds as part of a $15 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos.
Continue Reading...
DALLAS (AP) – Prosecutors say a North Texas woman who held seminars on how to commit mortgage fraud must serve more than five years in prison and repay $2.8 million. A federal judge in Dallas on Thursday…
Continue Reading...
Brandon Shepherd, owner of Freedom Financial, the CORE Foundation, and the Sberna Foundation, pleaded guilty to two counts of theft. An employee of Shepherd, Garland Ward, pleaded guilty to a charge of attempted theft. Laura Habre George and Jeff Sadler, both appraisers, also pleaded guilty to their roles in the scam.
Continue Reading...