Robert J. Congdon, 61, Polson, Montana, d/b/a Cornerstone Financial, Inc., and K&B Investments, LLC., pled guilty during a federal court session in Missoula, Montana, to defrauding hard money borrowers.
Â
Continue Reading...Wiley C. Chandler, a real estate investor, pleaded guilty in U.S. District Court in Sacramento, California, to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, California.
Â
Continue Reading...
“They did everything imaginable in the realm of fraud.” The legal drama in Miami-Dade circuit court offers a rare snapshot of one of the most egregious scams carried out on a single home in South…
Continue Reading...
Toronto StarThe society, which governs the province’s lawyers, had slapped Hatcher with a one-year suspension for professional misconduct for participating in or knowingly assisting in dishonest or…
Continue Reading...
MLive.com TROY, Michigan (AP) — Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices. The US government said in a release Friday…
Continue Reading...
By DAVID LEE DALLAS (CN) – Five defendants were sentenced to years in federal prison for a $22 million mortgage fraud scheme they ran out of the Dallas-Fort Worth. The scheme was led by Michael Anthony Baker…
Continue Reading...
Mortgage fraud gang leader jailed over $8m theft – He submitted false paperwork to the banks in connection with 33 fraudulent mortgage applications in a two-month period between…
Continue Reading...
Tyler Fitzsimons, 33, appeared before U.S. District Judge Michael R. Hogan and pleaded guilty to a variety of mortgage and loan fraud charges arising out of the collapse of his company, Desert Sun Development (DSD).
Kevin Lee Grady Sr., 47, Grand Rapids, Michigan, was found guilty on all counts for conspiracy to commit wire fraud and for commission of wire fraud and a single bank fraud count in conjunction with multiple mortgage loans.
Gabriel Viramontes, 49, Elk Grove, California, was sentenced by United States District Judge Edward J. Garcia to four years and nine months in prison and ordered to pay restitution to his victims for a mortgage fraud scheme.
Continue Reading...