A total of 13 defendants have been indicted in Ohio on mortgage fraud offenses involving nearly 13 million dollars in fraudulent loans, 9 of which worked for Argent Mortgage Company.
Denise (O’Brock) Kobus – Argent account manager
Lee Bentley Farkas, 58, Ocala, Florida, the former chairman and owner of Taylor, Bean & Whitaker (TBW), was sentenced to 30 years in prison and ordered to forfeit approximately $38.5 million for his role in a more than $2.9 billion fraud scheme that contributed to the failure of Continue Reading...
In 2009…there were 52 workplace fatalities in a BLS-defined real estate industry subcategory, which includes lessors of real estate, real estate agents and brokers, and those who conduct activities related to real estate, such as property managers and appraisers.
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Louis C. Nardone III, doing business as Precision Marketing Group, has been sued for violations of the registration and fraud provisions of the Idaho Uniform Securities Act concerning a real estate investment scam. Nardone operated from Lake Mohegan, New York.
The Complaint alleges that the Defendant obtained
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Richard Wayne Hope, 53, Denham, Louisiana, formerly of Hagerstown, Maryland, was sentenced by U.S. District Judge William M. Nickerson to 30 months in prison, followed by three years of supervised release, for conspiracy to commit bank fraud in connection with a $1.75 million loan he obtained on behalf of a company. Judge Nickerson also ordered Richard Hope to pay
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Sean DeCelle, 44, Troy, New York, pled guilty before United States Magistrate Judge David R. Homer to embezzlement by an agent of a federally insured bank.
Defendant DeCelle admitted that, in or about 2009, while acting as an agent of and connected in a capacity with Quantum Bank (hereinafter “the bank”), the deposits of which
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James J. Goldberg, who did business as JJG Real Estate Appraisal Services (“Goldberg“), and Robert Micheline, who did business as P&M Appraisals (“Continue Reading...
The U.S. Attorney’s Office for the District of Columbia has successfully built upon the efforts of Operation Stolen Dreams, a nationwide initiative against mortgage fraud, with prosecutions of defendants accused of crimes that resulted in losses of more than $10 million. Those convicted include:
Ronald Johannes Sneijder, Herndon, Virginia, 48, a former owner of a title and escrow company based in the District of Columbia.
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William “Bart” Monroe, 56, Henderson, Nevada, who was once a vice-president for a Las Vegas home builder, has pleaded guilty to felony fraud charges for stealing about $1.4 million from his former employer over a four-year period. The Defendant pleaded guilty on June 23, 2011, before U.S. District Judge Gloria Navarro to one count of conspiracy to commit mail fraud, 11 counts of mail fraud, and one count of tax evasion.
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South Florida’s mortgage fraud risk index spiked 10 percent during the first part of the year, shooting the region to second place nationally for potential housing scams.
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