An Ashburn resident was among five people who pleaded guilty to $1.5 million mortgage fraud conspiracy together involving a home in Gainesville, VA. In addition, a federal grand jury has indicted a sixth person…
Continue Reading...By Jamie Satterfield A federal jury on Friday convicted a Sevierville title attorney and Pigeon Forge cabin developer in a $6 million mortgage fraud scheme. Jurors in US District Court deemed attorney Jerry…
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ForbesIn 2010, federal and state law enforcement targeted mortgage fraud scams as part of Operation Stolen Dreams, which lead to the indictments in the Southern District of New York of 55…
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He operated the scheme through Platinum Mortgage, DBA Platinum Mortgage, Edison Mortgage, Prime Real Estate and other companies. Between 2003 and 2006, he used fraudulent appraisals, false information on loan…
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David C.H. Lin, 44, Sunnyvale, California, an attorney, was convicted by a federal jury of conspiracy to commit mail and wire fraud, and multiple counts of mail and wire fraud in connection with his role in a private money lender scheme.
Kerley and Whaley are accused of plotting with Sevier County developer Kenneth Lee and mortgage broker Mary Bivens in a scheme designed to skim off equity milk from fraudulent loans that left…
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In a case started from a review of SARs, a specialized mortgage fraud task force launched an investigation that led to charges against two individuals.
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Thomson Reuters News & Insight New York lawyer suspended for failing to stop mortgage fraud Thomson Reuters News & Insight Kontogiannis pleaded guilty in October 2010 to conspiring to commit bank and wire…
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James D. Levitt, 66, Pawtucket, Rhode Island, a disbarred real estate attorney, was sentenced in U.S. District Court in Providence to 12 months and one day in prison and fined $25,000 for his role in a $1.1 million mortgage fraud scheme.
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Bay Net Mortgage fraud is every bit as corrosive to society as street crime,†stated Eric Hylton, Acting Special Agent in Charge, IRS-Criminal Investigation, Washington DC Field Office.
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