Lloyd V. Barriger, Monticello, N.Y., an investment adviser, was charged with fraudulently offering and selling securities in two upstate New York real estate funds he managed. The allegations include that Barriger told investors in the Gaffken & Barriger Fund (G&B
Continue Reading...Rosofsky and Bryan Rosenberg were convicted by federal prosecutors in 2003 of charges connected to a mortgage fraud scheme in Baltimore.
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Jennifer Venable, 29, Beaverton, Oregon, was sentenced by the Honorable Robert E. Jones of the United States District Court on June 8, 2011, to 5 years probation and ordered to pay $15,000 in restitution relative to her January 13, 2011 wire fraud conviction.
In 2006, Venable was working as a real estate agent for John L. Scott
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Clifford Wayne Robertson, 43, Murphy, Texas man has been sentenced on charges of bank fraud and identity theft in the Eastern District of Texas. Robertson appeared before U.S. District Judge Richard Schell and was sentenced to 97 months for bank fraud to be followed by 24 months for aggravated identity theft and ordered to pay $4,627,520 in restitution. Continue Reading...
Of all Lee Farkas’ co-conspirators in the Taylor, Bean & Whitaker fraud scheme, the one who federal prosecutors say deserves the most time behind bars is Catherine Kissick, the former head of Colonial Bank’s Mortgage Warehouse Lending Division.
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Thomas Gregory Alexander, 60, San Diego, California, a loan originator, pleaded guilty to 10 felony counts for his role in a multi-million-dollar mortgage fraud scheme. Alexander entered guilty pleas for one count of Conspiring to Commit Wire Fraud and nine counts of Wire Fraud before U.S. Magistrate Judge David K. Duncan. He will be sentenced on September 19, 2011, before
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Avatar Realty Group, also known as Monroe Realty and Financial Enterprises, and Arthur R. Monroe, Oswego, Illinois, were subject to disciplinary action resulting from an investigation into alleged unlicensed and improper mortgage loan modification activities in Illinois.
Possible
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The following individuals were arraigned:
Gayle Tracy, 50, Batavia, Illinois, faces 12 charges: 3 counts each of Conspiracy to Commit a Financial Crime and Financial Institution Fraud; 2 counts each of Organizer of a Continuing Financial Crimes Enterprise and Theft by Deception; and 1 count each of Continuing Financial Crimes Enterprise and Money Laundering.
Brent
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Home Credit Law Center, an unlicensed mortgage loan modification company, its President, attorney Brian R. Linnekens, and an employee, Derek Thomas, are the subject of a Temporary Cease and Desist Order issued by the Washington State Department of Financial Institutions. The Department ordered the Respondents, all of Los
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Mirasol Salazar, 35, a seven-year clerical employee for the Town of Cicero, Illinois, was charged with altering her pay stubs and W-2 forms to inflate her income from $30,000 to over $52,000 in order to qualify for a loan on a Berwyn, Illinois home. The house fell into foreclosure when the defendant failed to make mortgage payments. The defendant was indicted on charges of Financial Institution Fraud, Theft, Theft by
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