Ronald Snyder, 71, Fisherville, Kentucky, was sentenced to 8 months imprisonment followed by 3 years of Supervised Release. The defendant was also ordered to pay restitution in the amount of $15,000 and a $5,000 fine. There is no parole in the federal judicial system. Snyder previously pleaded guilty to a felony Information on May 17, 2010. The Information charged him one
Continue Reading...John Fisher, 35, Jupiter, Florida, pled guilty in federal court to one count of conspiracy to commit mail and wire fraud and to one count of substantive mail fraud. Also pleading guilty were defendants Tracey Balli, 35, Pembroke Pines, Florida, Justina Bryan, 35, Hollywood, Florida, and Continue Reading...
W.R. Starkey Mortgage, L.L.P., Plano, Texas, a mortgage lender, will pay $4.5 million for its role in a scheme to sign consumers to loans they couldn’t afford on overpriced modular and manufactured homes.
Starkey provided home loans for North Carolina consumers who bought homes from Phoenix Housing Group, Inc.
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Laura S. Lassiter, 53, Pataskala, Ohio, was sentenced to 24 months imprisonment for preparing fraudulent loan documents as part of a mortgage fraud scheme that she was involved with between November 2005 and May 2007. In addition, Lassiter was ordered to serves five years of supervised release following her term of imprisonment, as well as to pay $1,160,301.27 in restitution
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Brent Merriell, 38, Atlanta, Georgia, was sentenced by United States District Judge Jack T. Camp to federal prison on charges of making false statements to the Federal Deposit Insurance Corporation (FDIC) and aggravated identity theft.
Merriell was sentenced to 3 years, 3 months in prison to be followed by 5 years of supervised release. Continue Reading...
Jerry R. Emerick, 39, Raymore, Missouri, the former owner of a residential construction business in Raymore, Mo., was sentenced in federal court for his role in a $12.6 million mortgage fraud scheme that involved 25 upscale residential properties in Lee’s Summit, Mo., and Raymore.
Emerick was sentenced by U.S. Chief District Judge Fernando J. Gaitan to two years and six
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John Jackson, 42, Middletown, Connecticut, pleaded guilty before United States District Judge Christopher F. Droney in Hartford to a one count of conspiring to commit wire fraud stemming from a mortgage fraud scheme.
According to court documents and statements made in court, in 2006, Jackson conspired with a New Haven-based real estate attorney and an East Hartford-based
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Seven defendants have been sentenced in federal court for their roles in a $12.6 million mortgage fraud conspiracy that involved 25 upscale residential properties in Lee’s Summit, Missouri, and Raymore, Missouri.
Stefan M. Guerra, 31, Lee’s Summit, Mo., Jerome Shade
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Joseph C. Donohue, 70, Greeley, Kan., has been sentenced to six months in federal prison followed by six months of house arrest for bank fraud. The court also ordered Donohue to pay $10 million in restitution.
Donohue pleaded guilty to one count of bank fraud. In his plea, Donohue admitted he provided false information to
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Kenneth Steward, 44, South Holland, Illinois, was arrested on federal charges alleging that he and six co-defendants participated in a $35 million mortgage fraud scheme involving more than 120 residential properties located primarily on the city’s south side. Steward who bought and sold homes and recruited others to act as residential purchasers, and his co-defendants allegedly
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