Charles Harvath, 33, Lodi, N.J., admitted to conspiring to participate in a scheme which caused lenders to release more than $40.8 million based on fraudulent mortgage loan applications and conspiring to launder the proceeds of the fraud.
Harvath pleaded guilty to an information charging him with one count each of conspiracy to commit wire fraud and conspiracy to commit money laundering.
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John C. Lucidi, Jr. was involved in a multi-million dollar mortgage fraud scheme while working as a mortgage broker in Newtown Square. By Jennifer Kim PHILADELPHIA—The Federal Bureau of Investigation (F
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Kimberly K. White, 38, Elizabeth, Colorado, pled guilty before U.S. District Court Judge Robert E. Blackburn on July 15, 2011, to one count of wire fraud related to a mortgage fraud scheme. White was named in a superseding indictment issued by a federal grand jury in Denver on May 20, 2010. White is scheduled to be sentenced by Judge Blackburn on September 30, 2011.
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Joseph Shereshevsky, 54, Brooklyn, New York and Norfolk, Virginia, a former Chief Operating Officer of the private equity firm WexTrust Capital, LLC (“WexTrust Capital“), was sentenced to 262 months in prison on charges stemming from a fraud that raised more than $9 million from
investors in private placement real estate offerings. Shereshevsky was sentenced in Manhattan federal court by U.S. Court of Appeals Judge Denny Chin.
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Los Angeles TimesThe Office of Independent Review says two deputies face federal charges of mortgage fraud, one deputy with credit card debts burned his own car for an insurance payout and another faked a burgl Los Angeles TimesThe Office of Independent Review
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Alexander Otis Matthews, 46, Dunn Loring, Virginia, a real estate businessman, pleaded guilty to fraud charges in connection with mortgage and investment schemes to obtain more than $12 million in fraudulent loans.
Matthews pleaded guilty before Judge Liam O’Grady in U.S. District Court in the Eastern District of Virginia to one count of bank fraud and one count of wire fraud. Matthews was charged with bank fraud on Nov. 17, 2010, in an
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Jeff McGrue, 51, Tacoma, Washington, was sentenced to 25 years in federal prison for running a scheme that defrauded owners of distressed Southern California homes by promising to prevent foreclosure through the paying off of their mortgages, but in reality doing no more than sending their lenders fake notes, totaling $55 million, that were supposedly backed by Treasury bonds.
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Christian Tudorof, 43, Stamford, Connecticut, waived his right to indictment and pleaded guilty before United States Magistrate Judge Joan G. Margolis in New Haven to one count of wire fraud stemming from a $4 million mortgage fraud scheme.
According to court documents and statements made in court, between December 2006 and March 2007, Tudorof submitted mortgage
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Jean Teresa Hoffert, 59, Emmetsburg, Iowa, a real estate broker who stole mortgage loan proceeds received during real estate closings, pled guilty on July 5, 2011, in federal court in Sioux City. Hoffert was convicted of one count of mail fraud.
At the plea hearing Hoffert admitted defrauding others out of
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Lorn Leitman, 61, Miami, Florida, an attorney and C.P.A., was sentenced by a federal district court judge to 210 months’ incarceration for his role in a 10-year Ponzi scheme. In an unusual decision, the court departed upward from a sentencing guideline range of 121-151 months, commenting that, “this case is exceptional.”
A federal grand jury charged the defendant with violating the mail fraud statute for
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