Housing Wire Florida accounted for more of those reports than any state but California and was the source of one in every 10 cases of suspected mortgage fraud. In 2002, the Financial Crimes Enforcement Network…
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A former mortgage company executive convicted of orchestrating a nearly $3 billion fraud scheme is asking a federal appeals panel to reverse his conviction and send his case back to a lower court. Attorneys for…
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Michael Pahutski, who was sentenced last year to 19 years in prison one of the longest sentences ever in the Charlotte area for crimes related to mortgage fraud filed a motion Tuesday asking…
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Carole Nelson, 53, Washington, D.C., was sentenced by U.S. District Judge Roger W. Titus sentenced to 29 months in prison followed by three years of supervised release for money laundering in connection with her participation in a massive mortgage fraud scheme which promised to pay off homeowners’ mortgages on their “Dream Homes,” but left them to fend for themselves.
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Michael Anthony Prieskorn, 37, Ellendale, Minnesota, was sentenced on charges stemming from a mortgage fraud scheme that resulted in losses of at least $18 million for mortgage lenders.
Housing Wire By Kerri Panchuk Potential mortgage fraud reports recorded in 2010 and 2011 accounted for 37% of all suspicious mortgage-related activity filings in the past decade, the Treasury department’s…
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Juan Carlos Rodriguez, 52, Weston, Florida, a real estate agent and mortgage broker, pled guilty before U.S. District Judge Kenneth A. Marra for his participation in a mortgage fraud scheme relating to properties in the Versailles development in Wellington, Florida.
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BBC NewsDeutsche Bank AG (DBK) agreed to pay $202.3 million to settle civil claims that its MortgageIT unit lied to qualify thousands of risky mortgages for a federal insurance program in what the US called…
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Michael Prieskorn is indicted for allegedly running one of the largest mortgage fraud schemes in state history reversed his earlier plea 3/23 Tuesday and admitted to two of the 27 charges against him in federal…
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