A Chicago area real estate investor, the president of a Colorado real estate financing company, and a licensed appraiser were indicted for allegedly participating in a scheme to fraudulently attempt to obtain mortgage loans totaling more than $750,000 by selling three residential properties in Chicago to nominee buyers.
Continue Reading...Two men have been indicted by a federal grand jury in Chattanooga for a mortgage fraud that investigators said involved some $45 million in transactions. Paul Gott III, 39, and Joshua Dobson, 34, appeared…
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Jared Mitchell Rothenberger, 43, Minneapolis, Minnesota, was indicted and charged with allegedly defrauding mortgage lenders out of millions of dollars in connection with the sale of condominiums at Chateau Ridge, Burnsville, Minnesota.
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Sergio Martinez, 35, Tucson, Arizona, is the subject of an indictment, which was returned by a federal grand jury on March 29, 2012, and now unsealed, which charges the former loan officer with bank fraud, false statement to influence a financial institution, wire fraud, and conspiracy to commit wire fraud.
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According to their plea agreements, Stan Mavroulis was owner and operator, of Fidelity Home Mortgage Corporation (FHMC), a mortgage lending company located at 1012 North Point Road in Baltimore. Kirk Mavroulis…
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Shawn Anthony Swor, 43, Missoula, Montana, pled guilty to investment fraud at during a federal court session in Missoula, on May 1, 2012, before U.S. District Judge Donald W. Molloy.
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By David Wren – dwren@thesunnews.com MYRTLE BEACH — Gaither B. Thompson II, one of five people charged in a mortgage fraud scheme involving the Pineapple Bay condominium project here, will be…
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Thomson Reuters News & Insight Brooklyn lawyer charged in mortgage-fraud scheme Thomson Reuters News & InsightNEW YORK, May 8 (Reuters) – A Brooklyn lawyer and his business partner were charged with…
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Mary Anne Dean, 60, Severna Park, Maryland, was sentenced to 37 months in prison in connection with a mortgage fraud scheme which resulted in over $4.7 million in fraudulent mortgage loans, of which the lenders ultimately lost at least $944,223.91, and which caused the homeowners to lose over $1.2 million in equity in their homes.
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Francis X. Sanchez, 51, Woodstock, Illinois, pleaded guilty in federal court to conducting a $7 million mail fraud scheme for representing to potential investors that his business bought distressed houses, rehabilitated those houses, and sold the houses for a profit.
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