John F. Hochrek, Jr., 50, Spring Grove, Illinois, was sentenced by United States District Judge Lynn S. Adelman to 6 months in prison for his role in a mortgage fraud scheme involving at least 44 residential properties and millions of dollars of loss.
Continue Reading...WASHINGTON (Dow Jones)–Reports of mortgage fraud in the US surged by nearly 88% in the second quarter of this year as banks discovered more problem loans made during the housing boom, according to a government…
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San Francisco Examiner SAN FRANCISCO — A Bay Area mortgage broker has been charged with conspiring to arrange more than $10 million in fraudulent home loans for clients who included two leaders…
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ABC7Chicago.com Madigan offers a mortgage foreclosure help line and she says they’ve received more than 4000 calls, half of which are complaints about mortgage rescue fraud. Some companies are using a loophole…
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A 41-year-old Missouri woman admitted in a federal court in St. Louis today to stealing from more than 80 Hawaii residents in a mortgage rescue scam. Marien Brown, known to her victims as Marien White…
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Douglas Rex Butler pleaded guilty Tuesday to his role in a $20 million mortgage fraud, making the Chanhassen man the third to admit his involvement in the case. Butler, 52, was a straw buyer in a scheme…
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Morris Olmer, 83, New Haven, Connecticut, was sentenced by Chief United States District Judge Alvin W. Thompson to 60 months of imprisonment, followed by three years of supervised release, for his involvement in an extensive mortgage fraud conspiracy that defrauded lenders of more than $4.4 million.
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A year after his $6.9 million-mortgage fraud scheme was uncovered in a 2006 Tampa Tribune investigative story, Chad Evans was under pressure amid a federal government investigation. So he left town…
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MyFox Tampa Bay… 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…
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Morris Olmer, a Democrat who represented New Haven in 1967 and ’69 and a former member of New Haven’s Board of Alderman, was convicted by a jury in April of conspiring to defraud the government, eight counts of…
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