Thirteen defendants have been charged in a superseding indictment in connection with a mortgage fraud scheme that resulted in approximately $16.9 million in fraudulent mortgage loans, and losses of $9.7 million to the lender, Wells Fargo Bank:
Greta Medina, 26, Coral Gables, Florida
Ricardo Estrada, 39, Miami,
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Jodi Lee Nazir, former Rancho Cucamonga, California real estate agent was located in Manhattan, New York and arrested on April 6, 2010, by US Marshals as a fugitive from justice, on an outstanding felony warrant for embezzlement of funds from her Rancho Cucamonga company’s Escrow Trust Account. Nazir will be held without bail in New York until extradition proceedings are
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Daniel Gillen, 42, Mt. Lebanon, Pennsylvania, pleaded guilty in federal court to charges of wire fraud conspiracy, money laundering conspiracy, and tax evasion in connection with a mortgage fraud scheme.
Gillen pleaded guilty to three counts before United States District Judge Joy Flowers Conti.
In connection with the guilty plea, Assistant United States Attorney Brendan
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The house is Miller’s home, but she has not owned it since 2006, when she tried to save it with an “unconventional refinancing” and ended up being scammed out of the legal title to the property.
Robert Ernest Brandt, 42, a former Kirkland, Washington, attorney and escrow officer, was convicted in U.S. District Court in Seattle, Washington, of conspiracy and four counts of wire fraud. The jury deliberated approximately one day following an eight-day trial. When sentenced by U.S. District Judge Richard A. Jones on June 25, 2010, Brandt faces up to 20 years in prison and a
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A mortgage fraud trial that began in mid-February 2010, concluded when the jury found all eight defendants guilty of various offenses related to their role in a mortgage fraud scheme they operated in the Dallas, Texas area, from March 2002 to January 2006.
Eric Rulack Farrington, Jr., 57, Irving, Texas, the lead defendant in the case, was the president of Eric Farrington Seminars,
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M. Dewey Bain, 59, Cumming, Georgia, pleaded guilty in federal district court to defrauding his clients of over $4.5 million in trust funds that he had misrepresented were in investments earning good returns on, among other things, loans to third parties that were allegedly secured by real estate.
According to the charges and other information presented in court: Between May 2006 and March 2009, Continue Reading...
Douglas Skibicki, 41, Bethesda, Maryland, has been indicted by a federal grand jury on charges of mail fraud, aggravated identity theft and bankruptcy fraud, in connection with a mortgage fraud scheme in which he allegedly defrauded lenders, family and others. The indictment was returned on March 31, 2010 and unsealed upon Skibicki‘s arrest.
According to the nine count
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Tom Ryder, 27, Henniker, New Hampshire, was sentenced to 21 months in prison after pleading guilty to four counts of wire fraud and one count of mail fraud relating to a scheme to defraud lenders by acquiring real estate through straw purchasers using false and fictitious information. Ryder was also sentenced to three years of supervised release to begin after he is released from
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Kathy Chen, 49, Westminster, California, a real estate broker, faces trial for conspiring with her boyfriend and his brother to commit $17.5 million in real estate fraud by purchasing 35 properties using stolen identities and intentionally defaulting on loans in order to steal the loan money. Chen is charged with 157 felony counts including one count of conspiracy, 47 counts
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