… pair of lawsuits filed Monday claim that Deloitte & Touche LLP, one of the nation’s largest accounting firms, should pay $7.6 billion in damages for failing through years of audits to detect massive…
Continue Reading...First Coast News Federal prosecutors say 20 people have been charged in South Florida in a $40 million bank and mortgage fraud scheme. According to the indictment, the defendants conspired to submit false loan…
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MiamiHerald.comArthur, 44, and her co-defendants, were charged in February 2010 in a multi-million-dollar mortgage-fraud scheme involving condos in Aventura. A licensed mortgage broker, Arthur was the…
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Richard D. Guerard, 43, Savannah, Georgia, was sentenced by U.S. District Judge William T. Moore, Jr. at the U.S. Courthouse in Savannah, Georgia, to 52 months in prison in connection with a conspiracy to defraud over $2 million from the First National Bank, Savannah, Georgia, and other banks from 2007 to 2009.
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6abc.comPHILADELPHIA (AP) â┚¬â€ The pastor of a suburban Philadelphia church and his wife are charged with orchestrating a $6 million mortgage fraud scheme in which he allegedly v
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First Coast NewsTwenty people in South Florida, including licensed real estate agents and mortgage brokers, were charged in a $40 million bank and mortgage fraud scheme, according to several law enforcement…
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Traxler also allegedly lied about the status of mortgage loans, and convinced banks to put additional money in lines of credit. “This is another example of how fraud was perpetrated in the housing markets…
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The state’s 2006 Mortgage Rescue Fraud Act allows lawyers to collect upfront fees from homeowners for mortgage rescue services in the course of legitimate legal work. While the businesses use attorneys as the…
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A 25-count indictment charging eight individuals with conspiracy to commit financial institution fraud and wire fraud was unsealed. The defendants, Jacob Moynihan, Gerald Moynihan, John Greco, Raymond Foakes, Desiree Maclean, Josh Leo Johnson, Jerry Mays and Justin Batemon, were also charged with money laundering, conspiracy to maintain drug-involved premises and possession with intent to distribute a controlled substance.
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Dustin LaFavre, 28, Webster, Minnesota, was sentenced for bilking more than $7 million from at least 15 real estate mortgage lending companies between 2005 and 2008.
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