Lisa Carol Ross, 50, Missouri City, Texas, has pleaded guilty to conspiracy to commit wire fraud for her role in a mortgage fraud scam.
Continue Reading...Henrik Sardariani, 44, Glendale, California, has been sentenced to 10 years in federal prison for orchestrating a loan fraud scheme that netted him and his associates well over $5 million in less than eight months.
Continue Reading...
Ronald D. Catrell, 46, Overland Park, Kansas, pleaded guilty to swindling lenders and investors out of more than $5 million by obtaining loans and lines of credit based on false information.
Continue Reading...
(Source: John McDermott The Post and Courier, Charleston, S.C. (MCT) The former real estate agency owner and loan officer accused of running a $45 million mortgage fraud made his first appearance in…
Continue Reading...
Alicia Martineau, 25, West Haven, Connecticut, Wilson Nicolas, 29, Groton, Connecticut, Lisa Depa, 26, Middletown, Connecticut, and Richard Novak, 49, Middletown, each involved in an extensive mortgage fraud scheme, were sentenced on Friday, August 24, 2012, for their crimes.
Continue Reading...
John Fabey, 47, pleaded guilty this spring to a mortgage fraud scheme causing lenders to release more than $1.2 million based on mortgage loan applications. He was charged with wire fraud.
Continue Reading...
Thomas E. Arney, 56, Chesapeake, Virginia, pled guilty to engaging in a massive bank fraud scheme that contributed to the failure of the Bank of the Commonwealth.
Continue Reading...
Jean Marc Eljwaidi, 44, Las Vegas, Nevada, a former employee of Triple Five Development, a company which built retail shopping malls in Las Vegas, including Boca Park and Village Square, Minneapolis, and Edmonton, Canada, pleaded guilty to wire fraud for using investor’s funds for himself, instead of for the development of commercial real estate projects.
Continue Reading...
Gary Dimattia, 62 and Lawrence Bateman, Jr., 36, both of Las Vegas, Nevada, were indicted on August 15, 2012, for their involvement in a mortgage lending fraud case operating under the name Financial Link Services involving numerous victims.
Continue Reading...
Pervaiz Arshad, 58, Annandale, Virginia, pleaded guilty to conspiring to commit mail fraud and wire fraud in connection with his role in fraudulent mortgage loan transactions involving nine homes in northern Virginia and approximately $1.7 million in losses to lenders.
Continue Reading...