Jeffrey Dodge, a former Brimfield resident, admitted guilty to bank fraud charges in Federal court. According to prosecutors, the man was involved in an extensive mortgage fraud scheme. He now faces a maximum…
Continue Reading...Randal L. Walters, Des Moines, Iowa, a real estate developer, was sentenced to twelve months and one day in prison for his participation in a bank fraud scheme.
Warren Ballentine, 41, Durham, North Carolina, and formerly of Country Club Hills, Illinois, an lawyer who hosts a national radio talk show, was indicted on federal charges for allegedly engaging in two mortgage fraud schemes that defrauded lenders of a total of approximately $9.7 million.
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A Miami title agent and former mortgage broker was found guilty Monday for her role in a reverse mortgage fraud scheme, reports the Department of Justice. A federal jury found Yesenia Pourparina, 40, guilty of…
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Eric Reilly, 34, Galloway, New Jersey, a former employee of The Vacation Ownership Group LLC, admitted to conspiring to defraud owners of timeshare properties.
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Gilbert Chung, Burlingame, California, a real estate investor, has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.
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Lewis Whoolery, 44, Delray Beach, Florida, formerly of Port Vue, Pennsylvania, was found guilty by a federal jury of wire fraud conspiracy for his role in a mortgage fraud scheme involving fraudulent appraisals.
Chad Arthur Anderson, 39, Chisago City, Minnesota, and Troy Allen Huston, 43, Chisago City, both mortgage loan officers, were sentenced for recruiting straw buyers to purchase properties at inflated prices and then distributing the excess loan funds among themselves, the straw buyers, and others involved in the scheme.
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Kenneth H. DiPasquale, 37, Morgantown, West Virginia, pleaded guilty in connection with his role in fraudulent mortgage loan transactions, including the sale of his own home to a buyer whose identity he had stolen and to whom he “sold” the property for a nearly $320,000 profit.
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Lee E. Baker, Jr., 57, Anchorage, Alaska, was sentenced by Chief U.S. District Court Judge Ralph R. Beistline, to 36 months in prison for making false statements to a credit union.
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