Gregory Cooper was sentenced to 210 months in prison today for defrauding homeowners in Queens and the Bronx, New york, through a predatory mortgage scheme and for carrying out a separate scheme to defraud mortgage brokers around the country by selling them fraudulent lists of potential customers. A jury found Cooper guilty of nine counts of mail fraud and two counts of conspiracy
Continue Reading...Stepping up efforts to prevent home loan rescue scams, a free, five-and-half-minute educational video has been released that provides useful information about home foreclosure and tips to avoid becoming a victim of scam artists.
The video is available on the Attorney General’s website, www.azag.gov, or on YouTube at http://www.youtube.com/user/AZAttorneyGeneral. It was made possible by last year’s historic settlement between the State of Arizona and Countrywide Financial Corporation
Continue Reading...Irshad a/k/a “Tony” Ramzan, 36, Baldwin, New York, a former mortgage broker who supervised the operations of Queens-based Platinum Funding, was sentenced to seven years in prison for his roles in a scheme to steal over $6 million in the proceeds of home mortgage loans issued by various banks for the purchase of residential properties, which funds were supposed to be used to pay off existing mortgages on the properties, and in another
Continue Reading...Angela R. Clark, 41, Lee’s Summit, Missouri, a former real estate agent pleaded guilty in federal court to her role in a $12.6 million mortgage fraud conspiracy that involved 25 upscale residential properties in Lee’s Summit, Missouri, and Raymore, Missouri.
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Peter Hartofilis, 33, Flushing, New York, pled guilty to conspiracy to commit mail and wire fraud (Count 1), and mail fraud (Count 11), in violation of Title 18, United States Code, Sections 1349 and 1341, respectively. Sentencing has been scheduled for August 16, 2010, at 10:30 am.
According to documents filed with the court and as previously Continue Reading...
Brad Greenberg, 53, Charlotte, South Carolina, was sentenced to 4 months home confinement and ordered to pay a $5,000 fine for Misprision of a Felony, a violation of Title 18, United States Code, Section 4.
As previously reported on Mortgage Fraud Blog, evidence presented at the change of plea hearing established
Continue Reading...Christie J. McGougan, 41, Bethune, South Carolina, was sentenced to one year and one day incarceration for participating in a Conspiracy to Falsify Loan Applications, a violation of Title 18, United States Code, Section 371. McGougan was also ordered to pay a $5,000 fine.
As previously Continue Reading...
Melva Massey, 29, Waldorf, Maryland, pleaded guilty to conspiring to commit wire fraud in connection with making false statements to obtain three home mortgages within a three month period.
According to Massey’s plea agreement and Continue Reading...
Hector Ricardo Esquivel, San Jose, California, a former real estate agent, was sentenced to one year in jail for six felony counts of grand theft for defrauding homeowners in a loan modification scam.
Esquivel solicited victims from Santa Clara County, California and beyond between May 2008 and May 2009. Victims lost
Continue Reading...Darin Lee McAllister, 44, Brentwood, Tennessee, a Special Agent employed by the Federal Bureau of Investigation in Nashville, Tennessee, was indicted by a grand jury sitting in Nashville, Tennessee.
The 19 count indictment charges McAllister with wire fraud in violation of Title 18, United States Code, Section
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