Patricia Ann King, 57, Bakersfield, California, was sentenced by Chief United States District Judge Anthony W. Ishii to three years and one month in prison for her role in a mortgage fraud scheme and for aiding and assisting the preparation of false tax documents in connection with her tax preparation business.
Continue Reading...Six people””including women from Orange County and Tennessee””have been charged by Federal Prosecutors in relation to a multi-million-dollar real estate flipping scheme in which investors were promised titles to homes that could be easily resold but in fact did not have “clean” titles, were uninhabitable, or were simply worthless.
Continue Reading...
Mr. Platts ran Easy Realty Solutions, which bought and sold properties, sometimes in transactions that included provision of false information on buyers’ income, assets and down payments to mortgage lenders…
Continue Reading...
Sushama Devi Lohia, 74, Newport Beach, California, a mother convicted of conspiring with her two daughters and son-in-law to commit over $16 million in real estate fraud by forging documents and purchasing homes using straw buyers, was sentenced to eight years in state prison.
Continue Reading...
Lawrence B. Stacy, Mobile, Alabama, a real estate investor, has agreed to plead guilty and to serve prison time for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama.
Continue Reading...
(MCT) A jury convicted a Carlsbad mother and her Orange County son of an $8 million mortgage fraud scheme, the US Attorney for Southern California said Wednesday. Stephen Chrysler, an Orange County at
Continue Reading...
By VIK JOLLY / THE ORANGE COUNTY REGISTER SANTA ANA An Irvine attorney has been sentenced to 46 months in federal prison and must pay $7.5 million to lenders in restitution for a mortgage-fraud scheme
Continue Reading...
The charges involving Kamande concerned properties bought by him with mortgages brokered by Malik under false names. Kamande pleaded guilty to possession of false details with intent, not guilty to five counts…
Continue Reading...
Jorge Abbud, 33, Dover, New Jersey, a former employee of a Parsippany, New Jersey mortgage lender who admitted taking $138,402 in illegitimate proceeds of multiple home sales as a result of a mortgage fraud scheme, was sentenced to 21 months in prison.
Continue Reading...
Eitan Maximov, 40, a citizen of Israel and lawful permanent resident of the United States, was sentenced by U.S. District Judge David G. Campbell to nearly eight and half years in federal prison for his leadership role in a cash back mortgage fraud scheme.
Continue Reading...