Robert Farrace, 51, Modesto, California, an attorney specializing in real estate transactions, was indicted on three counts of wire fraud in connection with a fraudulent short-sale scheme.
Anthony Salcedo, 34, Fair Oaks, California, a loan broker and real estate agent, was found guilty after a five-day trial of one count of conspiracy to commit mail fraud and four counts of mail fraud for his involvement in a mortgage fraud scheme.
Cary McEntee, 58, Virginia Beach, Virginia, pled guilty to a federal conspiracy charge stemming from fraudulent real estate transactions he engaged in during 2006 and 2007. The criminal conduct occurred in Lansing, Michigan and was related to real estate transactions in Newport News, Virginia.
Charlie Rickie Jackson III, 43, Corona, California, and Bridgette Lenet Jackson, 45, Riverside, California, have pleaded guilty to federal charges of conspiring to steal identities of hundreds of would-be homeowners from North American Title Company and using those stolen identities to obtain credit.
Gary Matthew Johnston, 34, Nodaway, Iowa, was sentenced by United States District Court Judge Stephanie M. Rose to five years of probation, and was ordered to pay restitution in the amount of $113,754.20, for converting the proceeds from the sales of approximately 176 head of cattle that were mortgaged by the Farm Service Agency of the United States Department of Agriculture.
Nicholas Tarsia, Jr., 67, Totowa, New Jersey, was sentenced to 60 months in prison for conspiring to launder money as part of a $15 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos.
Montgomery Joseph Isner, 47, Capital Heights, Maryland, was convicted of bank fraud in federal court for misrepresenting himself as the owner of a parcel of real property in Berkeley County, West Virginia, in order to fraudulently obtain a loan in the amount of $60,000.
David Wedean, a Georgia real estate investor, pleaded guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Georgia.
Todd Dyer, 51, Lake Geneva, Wisconsin, Nicholas Hindman, 63, Glen Ellyn, Illinois, Melvin Krumdick, 73, Oak Park, Illinois, and Tracy Bolton, 47, Lakemoor, Illinois, have been charged with running an investment fraud scheme from 2008 through 2012.
Ann Hils, 55, East Hampton, Connecticut, was sentenced by U.S. District Judge Alvin W. Thompson to 63 months of imprisonment, followed by five years of supervised release, for operating a real estate appraisal scheme.