According to court documents, Mr. Scherz secured a $417,000 mortgage loan in October 2007 to finance the purchase of property in Barkhamsted. In April 2008, he created a fraudulent release of mortgage on the…
Continue Reading...A former Barkhamsted resident was sentenced to more than three years in prison for mortgage fraud on Thursday. Eric Scherz, 44, was sentenced by a U.S. District Court Judge to 37 months in prison followed by…
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Two men, one of them from Le Sueur, have been been sentenced in federal court for mortgage fraud following a federal investigation and an April indictment. On Feb. 4, Chad Arthur Anderson, 39, of Le Sueur…
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Walter Bruce Harrell, 71, Montara, California, is charged with executing a scheme to defraud creditors who were attempting to lawfully foreclose on numerous properties by delaying and obstructing foreclosure sales through the improper use of the federal bankruptcy process.
Jamaul Roberts, 25, College Park, Maryland, Patricia Mantilla, 35, Lorton, Virginia, Melissa McWilliams, 35, Chantilly, Virginia, and Michael Brown, 41, Hyattsville, Maryland, pleaded guilty to conspiring to fraudulently taking over the titles of homes in Washington, D.C., without the real property owners’ knowledge, selling those homes, and keeping the profit.
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James A. Regas, 82, Oak Brook, Illinois, the former chairman of a west suburban bank was sentenced to a year and a day in federal prison for making false statements in regulatory documents regarding his undisclosed personal interest in loans that resulted in the bank losing more than $680,000.
In the mortgage fraud case, on October 9, 2012, a jury found Trudeau guilty of one count of conspiracy to commit bank fraud, mail fraud and wire fraud, and one count of wire fraud. On July 30, 2010, Bliss…
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Fred Davis Clark, Jr., president and CEO, David W. Schwarz, chief accounting officer, Cristal R. Coleman, manager and sales agent, Barry J. Graham, sales director, and Ricky Lynn Stokes, sales director, former Cay Clubs executives, have been charged with an investment fraud scheme.
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In the mortgage fraud case, on October 9, 2012, a jury found Trudeau guilty of one count of conspiracy to commit bank fraud, mail fraud and wire fraud, and one count of wire fraud. On July 30, 2010, Bliss…
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KYW NewsradioYEADON, Pa. (CBS) A Delaware County man has been charged with participating in a mortgage fraud conspiracy that involved more than $20 million in fraudulent loan proceeds and more than 100…
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