Alonzo Jackson Brown III, 44, Fairfield, California has been indicted on nine counts in connection with an investment fraud scheme and a mortgage fraud scheme.
According to court documents, Brown is a licensed real estate broker who used that position to perpetrate a mortgage fraud scheme. Brown is accused of
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Below are brief summaries of some of the significant mortgage fraud cases in California brought since June 18, 2010:
United States v. David Crisp, et al. The indictment alleges that, from approximately January 2004 to September 2007, the defendants operated real estate businesses in Kern County through which they submitted fraudulent loan applications
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David Landman, 43, Cheswick, Pennsylvania, pleaded guilty in federal court to charges of bank fraud, money laundering and aggravated identity theft in connection with a mortgage fraud scheme. The defendant pleaded guilty to three counts before United States District Judge Gustave Diamond.
In connection with the guilty plea, the court was advised that Landman, who was a
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Richard Lawrence Veazey, 53, Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of wire fraud conspiracy in connection with a mortgage fraud scheme. The defendant pleaded guilty to one count before United States District Judge Donetta W. Ambrose.
In connection with the guilty plea, the court was advised that Veazey, who was an appraiser,
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Richard Lawrence Veazey, whose exaggerated appraisals justified outsized mortgages throughout the Pittsburgh area, pleaded guilty to wire fraud…just days after being sentenced on drug charges.
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Victims applauded as a Pennsylvania man was sentence to over 13 years in prison for tricking homeowners into turning their houses over to him then evicting them.
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Daniel E. Fink Jr., 44, Baltimore, Maryland, who operated Homemaxx Title & Escrow LLC (Homemaxx), a title company that conducted residential real estate closings with offices in Middle River and Parkville, Maryland, was sentenced by U.S. District Judge J. Frederick Motz to four years in prison, followed by three years of supervised release, for wire fraud in
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Linda Sadr, 52, Manassas, Virginia, was sentenced to 144 months in prison, followed by three years of supervised release, for her role in a “mortgage elimination” scheme that caused more than $11 million in losses. Sadr was also ordered to pay more than $9 million in restitution to the victims.
Sadr was indicted by a federal grand
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Donna Shebetich, 46, Allegheny County, Pennsylvania, pleaded guilty in federal court to a charge of making a false entry in bank records. The defendant pleaded guilty to one count before United States District Judge Arthur J. Schwab.
In connection with the guilty plea, the court was advised that Shebetich, while employed as a Vice President, Director, and loan
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Besides Adams and his recently apprehended associate Rich Bobka — considered the architects of the alleged $47 million mortgage fraud conspiracy — Rotolo and Glucker are the most important participants.
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