If history is any guide, scammers will surely try to take advantage of news of the largest consumer protection settlement in U.S. history.
By David Ibata A former mayoral candidate in Bartow County was sentenced to federal prison Friday for a mortgage fraud scheme involving kickback, arson, luxury vehicles and a private airplane, authorities said.
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Los Angeles Times – His office conducted a study of 6100 mortgage documents issued from January 2008 to December 2010. According to Thigpen, 74 percent had problems involving forged signatures and fraudulent…
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Antonio Pena, 39, was arrested Tuesday and charged Wednesday for using a “straw borrower†to obtain two mortgage loans totaling more than $500000 in the course of refinancing the debt on a home …
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16 to mortgage fraud, the West Virginia Department of Justice announced in a news release. Federal prosecutors say Janet Damewood, 60, applied for a second mortgage from CitiFinancial Inc. on a home she owned…
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Gary Kevin Coats pled guilty before United States Magistrate Judge David W. Daniel to bankruptcy fraud for forging a buyer’s name and initials on a offer to purchase a condominium. The bankruptcy court was unaware that Coats had made a side deal to received additional funds upon the sale.
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Richard Pettibone, 44, formerly of Alexandria, Virginia, pleaded guilty to operating a $1.5 million real estate investment Ponzi scheme and was sentenced to 36 months in prison, followed by three years of supervised release.
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Patricia Ann King, 57, Bakersfield, California, pleaded guilty to aiding and assisting the preparation of a false tax document and to three counts of mail fraud for her role in a mortgage fraud scheme.
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It was all fiction, he testified Tuesday at the fraud trial of Robert Manuel Moniz, 38. Gagnon, 37, had no tenant, never opened an account at Bank of Montreal and earned less than $30000 annually in 2008. He…
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Roberto Caro, 41, Miami-Dade, Florida, has pled guilty to one count of money laundering in connection with a mortgage fraud scheme and one count of conspiracy to manufacture and possess with intent to distribute marijuana. Caro also pled guilty to a related charge of bond jumping, arising from his failure to appear in court in January 2011 on the original charges.
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