SYRACUSE (AP) — Authorities say an upstate New York lawyer has been convicted of federal felonies for his role in a mortgage fraud scheme. U.S. Attorney Richard Hartunian says a jury found 49-year-old Albany…
Continue Reading...Baltimore Sun”Your home is your security,” said Hartz, 56. Naylor helped prosecute the case, the first criminal mortgage fraud case that the state agency has been involved in since her position was created last…
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Simon Saeid Koli was sentenced in federal court to serve 30 months in custody, followed by three years’ supervised release, for his role in a conspiracy to commit mail fraud, wire fraud, and money laundering in connection with a mortgage fraud scheme involving four expensive homes.
SAN DIEGO (CN) – A San Diego loan officer was sentenced Monday to 2½ years in federal prison for a mortgage fraud conspiracy that netted him and a cohort $1 million. Simon Saeid Koli, 41, pleaded guilty in…
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Douglas E. Brandewie, Port Huron, Michigan, a bank president, will pay $185,000 and was permanently barred from the banking industry as a result of his felony conviction for making false statements to the Federal Deposit Insurance Corporation (FDIC).
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Joann Smith, and her boyfriend, Wayne Betha, Ewing, New Jersey, who ran a real estate firm, were sentenced for stealing from home sellers by diverting proceeds from home sales, and also defrauding mortgage companies by falsifying the earnings of loan applicants.
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(Source: FBI) – Jonas Rogers, 54, of Detroit, Michigan, was sentenced yesterday to 78 months in prison for his role in a mortgage fraud and identity theft scheme, announced United States Attorney…
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A Westwood woman is facing prison after admitting her role in a scheme to fraudulently obtain mortgage and home equity loans through the brokerage firm of Ronald J. O’Malley, the imprisoned former chairman of…
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Mortgage Introducer Cases of mortgage fraud are expected to surge next year as more people attempt to misrepresent their finances or hide adverse credit histories. Information services company Experian predicts…
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According to the federal indictment, Whitten was doing business under the name Leadership to Homeownership. Whitten allegedly engaged in a mortgage fraud scheme from early to mid-2007 through February 23, 2009…
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