Prince Charles Eweka, 45, Canton, Massachusetts, was arrested after being charged with multiple counts of wire fraud in connection with a multi-year, multi-property mortgage fraud scheme was unsealed in U.S. District Court. The indictment alleges eight counts of wire fraud.
According to the indictment, in 2006 and 2007, Eweka committed fraud in connection with
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The Homeownership Preservation Foundation (HPF), which administers the Homeowner’s HOPE Hotline 1-888-995-HOPE to provide comprehensive financial education and foreclosure prevention counseling, received 145,993 calls in September from distressed homeowners, a three percent increase from the previous month. Call volume to the hotline increased 7.4% in the third quarter from the previous quarter. The states with the largest call volumes in September were California, Florida, New York, Texas
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Christopher B. Maselli, North Providence, Rhode Island, a real estate attorney and state senator from Johnston, Rhode Island, has filed notice with the U.S. District Court in Providence that he intends to plead guilty to eight counts of bank fraud, as charged by the Government. An Information filed by the Government last week alleges that Maselli falsified bank and federal tax
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Daniel Duffy, 34, Sebastian, Florida, has been sentenced to seven years and three months in federal prison for aggravated identity theft and conspiracy to commit mail, wire, and bank fraud. As part of his sentence, the court also entered a money judgment in the amount of $4,861,058.70, the proceeds of the conspiracy to commit mail, wire, and bank fraud. Duffy pled guilty on March
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Jean Teresa Hoffert, 59, Emmetsburg, Iowa, has been charged with 13 counts of mail fraud, six counts of bank fraud, three counts of aggravated identity theft, and three counts of money laundering. The charges are contained in an Indictment recently unsealed in United States District Court in Sioux City, Iowa.
The Indictment alleges that, between about the spring of 2005 and the summer of 2008, while acting as a real estate
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Louis J. Borstelmann, 68, Thousand Oaks, California, has been indicted and charged with mail fraud, wire fraud, and money laundering in connection with a Ponzi scheme that reached Florence, Oregon.
According to the indictment, defendant solicited approximately 100 individuals to invest in real estate through his company Sunburst Associates, Inc., a California corporation, and
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Jean Teresa Hoffert, 59, Emmetsburg, Iowa, has been charged with 13 counts of mail fraud, six counts of bank fraud, 3 counts of aggravated identity theft, and 3 counts of money laundering. The charges are contained in an Indictment unsealed in United States District Court in Sioux City, Iowa.
The Indictment alleges that, between about the Spring of 2005 and the Summer of 2008, while acting as a real estate settlement agent,
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Juan Rangel, 46, Downey, California, has agreed to plead guilty to federal fraud and money laundering charges, admitting that he ran two fraudulent operations-a Ponzi scheme that took in $30 million from more than 300 victims and a mortgage fraud scheme that preyed on homeowners by stealing the equity from their homes and secretly taking title to their properties. Rangel, who is
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Zack Zafer Dyab 46, Golden Valley, Minnesota, pleaded guilty earlier today in federal court in Minneapolis to orchestrating a mortgage fraud scheme that resulted in the theft of more than $2.5 million from lenders nationally. Dyab pleaded guilty to one count of conspiracy to commit wire fraud and one count of money laundering in connection to the crime. The scheme centered on obtaining
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Sharmon Howell, a/k/a “Sharmon Wade,” 37, Queens, New York, was sentenced to 10 years in prison by U.S. District Judge George B. Daniels for his role as the leader of a “subprime” mortgage fraud scheme involving more than two dozen fraudulent loans valued at over $10 million. Howell pled guilty to his role in the mortgage fraud scheme in June 2010.
According to the
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