Babar and his co-conspirators conducted approximately 30 fraudulent mortgage transactions. As a result, various lenders suffered total losses of approximately $4.75 million. Chief Judge Thompson ordered RUSSO…
Continue Reading...Benjamin Viloski, 63, Pittsburgh, Pennsylvania, an attorney, was sentenced January 13, 2012, by U.S. District Judge David N. Hurd to a 60-month term of imprisonment to be followed by a supervised release term of three years for his role in assisting a Senior VP of Real Estate to obtain kickbacks in property development transactions.
Continue Reading...
Louis Gendason, 42, Delray Beach, Florida, a loan officer, was sentenced by U.S. District Court Judge William P. Dimitrouleas in Ft. Lauderdale, Florida, for his participation as the ringleader of a nationwide $2.5 million reverse mortgage fraud scheme.
Continue Reading...
Anthony Cutaia, who pleaded guilty to mail and wire fraud by misleading investors and misappropriating funds, was sentenced in United States District Court, Southern District of Florida, to 51 months in prison for a real estate investment scheme.
Continue Reading...
VOLOSHIN used approximately $250000 of the refinance loan proceeds to pay the victim of the hotel auction fraud scheme. In total, VOLOSHIN’s schemes resulted in losses of approximately $1.52 million. VOLOSHIN…
Continue Reading...
New York Daily News NEW YORK The convicted mastermind of a $100 million mortgage fraud scheme admitted Monday to plotting the death of a key witness in his trial while behind bars, with an undercover…
Continue Reading...
BY ROMAN J. USCHAK A Belleville woman was sentenced Monday to 33 months in prison for her participation in a mortgage fraud scheme. Kim S. Morris, 42, a part-time court clerk at the Essex County Courthouse…
Continue Reading...
TechEye By Debra Cassens Weiss -A federal judge in Colorado has ordered a woman accused of mortgage fraud to produce the encrypted contents on her laptop. US District Judge Robert Blackburn said the Fifth…
Continue Reading...
Andrew F. Vulpis, 30, Gibsonton, Florida, who was employed as a loan officer of Wachovia Bank, Tampa, Florida, played a role in 12 residential real estate transactions in Hillsborough and Pasco Counties, Florida, all of which involved fraud.
Continue Reading...
The family, subject of a story in the Tribune-Review last month, has said it fell victim to mortgage fraud. Jim, 44, and Marisa Aversa and their three children, a daughter, 15, and twins, 9…
Continue Reading...