All Net Escrow, a purported online escrow company engaged in escrow transactions, has been issued a cease and desist order for a scam involving the sale of time share properties.
Continue Reading...Kevin Grady Sr., 48, Grand Rapids, Michigan, was sentenced for wire fraud, bank fraud and making false statements to the FBI and Edward Hessie Sumrell, 55, Grand Rapids, Michigan, was sentenced for making a false statement to the FBI, both in connection with a mortgage fraud scam.
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Scott Eric Perry, 35, Brookwood, Alabama, was sentenced to 18 months in prison on false statement charges related to an almost $750,000 mortgage fraud scheme in the Birmingham, Alabama area.
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Detroit – The ringleader of one of the largest mortgage fraud rings to ravage the country pleaded guilty in federal court on Thursday and faces a lengthy prison term.
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Gaetano Antonell, 62, Brooksville, Florida, has been arrested and charged with organized fraud for his role in a foreclosure rescue scam. The defendant persuaded homeowners to deed their properties to him then he would list the properties on Craigslist for sale.
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Jason Dade, 37, Chicago, Illinois, a licensed real estate agent and the owner of Round Table Enterprises, Inc., Cheryl Ware, 47, Shorewood, Illinois, a licensed loan originator, Tiffini Chism, 36, Glenwood, Illinois, also a licensed loan originator, and Tamika Peters, 34, Country Club Hills, Illinois were indicted for allegedly participating in a scheme to fraudulently obtain at least 42 residential mortgage loans totaling approximately $9.1 million from various lenders.
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RESTON, Va., July 5, 2012 /PRNewswire via COMTEX/ — A new foreclosure rescue scam promises to help distressed homeowners reveal the actual owner of a promissory note through a “securitization audit.”
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Paul R. Tomko, 39, Cleveland, Ohio, a former paid cooperator for a federal law enforcement agency, is the subject of an eight-count indictment for mortgage and student aid fraud.
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A federal grand jury has indicted four people in the Chicago area on charges they fraudulently secured dozens of residential mortgage loans worth $9 million.Four Defendants Indicted in Alleged $9.1M Mortgage Fr
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Source: Sam Stanton The Sacramento Bee, Calif. (MCT) — Benjamin Wagner, the U.S. attorney for the Eastern District of California, was in The Bee newsroom.and more »
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