Ronald Brvenik, Prince Frederick, MD, a real estate appraiser licensed in the state of Maryland, was charged in 2003, along with 9 others, for allegedly providing false appraisals in an illegal flipping scheme. The charges against Brvenik were dismissed before trial. Brvenik then moved to obtain an order against the
Continue Reading...Eleven people were arraigned Friday in Cuyahoga County Common Pleas Court on 96 charges in what prosecutors say was a $14.7 million mortgage fraud scheme involving seven upscale houses, some with waterfront views.
12 defendants and 3 companies were indicted on mortgage fraud offenses, including engaging in a pattern of corrupt activity, a first degree felony, for securing $14,766,515 in fraudulent loans used to purchase seven homes in Cuyahoga, Ottawa and Lucas counties, Ohio. Six of the seven houses fell into foreclosure. The
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The defense attorney for one of two Monterey County people accused of real estate fraud argued Friday that Gonzales police should have informed his client of her Miranda rights before they questioned her in June.
Just when you were thinking it was safe to go back into the mortgage market, today’s Wall Street Journal is highlighting the next source of mortgage fraud, the Federal Housing Administration’s (FHA) reserve mortgage program.
Mortgage fraud risk over the last year seems to have migrated westward, with Nevada and California dominating the 10 riskiest metropolitan statistical areas (MSAs), according to a new study released by Interthinx this week.
John T. Willard, Hamilton, Ohio, was suspended from the practice of law by the Supreme Court of Ohio for one year, with the final six months of that term stayed, for professional misconduct arising from Willard‘s participation in a “foreclosure rescue” business in which he accepted client referrals and shared legal fees with non-attorneys who engaged in the unlicensed practice of
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Eric Wayne Moen, 36, Park Rapids, Minnesota, was indicted in federal court in connection with a scheme to defraud a mortgage company out of money, as well as growing more than 100 marijuana plants. Moen was charged August 18, 2009, with one count of conspiracy to commit wire fraud, one count of money laundering and one count of manufacturing marijuana. He made his initial
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Orlando Carter, 43, Mason, Ohio, was convicted of 11 counts of fraud and conspiracy for misleading lenders in order to secure more than $10 million in loans and lines of credit for the purchase of personal real estate and the operation of his business, the Dynus Corporation. The verdict returned after a trial that began July 27, 2009, before Senior United States District
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An 18-month investigation led to indictments against 41 people and four companies. The defendants are alleged to have engaged in real estate transactions to purchase 453 homes in Ohio with fraudulent loans totaling $44 million.
Uri Gofman, Beachwood, Ohio, is alleged to have orchestrated one of the nation’s largest mortgage
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