Rothenberger was one of five people involved in a mortgage scheme designed to create kickbacks for buyers and extra cash for those running the scam. The indictment states lenders were misled about the buyer…
Continue Reading...By Anonymous AP The leader of a $6.7 million mortgage fraud scheme involving a home in Gates Mills, Ohio, was sentenced to more than 12 years in prison, said Steven M. Dettelbach, United States attorney for the…
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Michael Frank Burgess,69, Alpharetta, Georgia, was sentenced byChief U.S. District Judge Anne C. Conway to 15 years in federal prison for conspiracy to commit wire fraud and money laundering in connection with a real estate fraud scheme.
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Thirteen additional defendants were charged in two separate indictments in the Vera Kuzmenko mortgage fraud investigation in California. The current indictments bring the total charged in this investigation to twenty-three. The two most recent indictments involve some of the straw buyers that participated in the scheme.
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Kerry Jon Quam, 46, Eagan, Minnesota, was sentenced on September 7, 2011, to three years of probation on one count of conspiracy to commit mail fraud for his role in submitted false loan applications and fraudulent appraisals to lenders.
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Gary businessman Jerry Haymon pleaded guilty Tuesday to tax evasion and taking part in a mortgage fraud scheme that took in almost $200000, the same day his co-defendant and the former …
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Patch A 34-year-old Rosemount man was sentenced Monday for the role he played in a mortgage fraud scheme involving about 200 properties and $35 million. Nathan Daniel Jesh was sentenced to three years of…
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Steve Zaven Kessedjian, 48, of Los Angeles has been arrested after a federal grand jury returned an indictment charging him with mail fraud for a mortgage fraud scheme, says US Attorney Benjamin Wagner…
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Wilma Shkreli of Westwood was supposed to be sentenced this week for her role in a mortgage fraud scheme in Westchester County, NY The sentencing has been postponed again. Westchester County Dis
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Lots of journalists have done great work on mortgage fraud. KLAS, the CBS affiliate in Las Vegas, has been reporting on the mortgage crisis for years. Their first story was in 2007. But the mortgage problems…
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