Sam Stafford, 59, formerly a resident of Campbell, California, now living in Temecula, California, a founder of the S3 Partners, was sentenced March 17, 2015 to 36 months on investment fraud charges. Continue Reading…
Reginald T. Walton 31, and David Johnson 48, both of Indianapolis, Indiana, who were involved in a fraud scheme at the Indianapolis Land Bank, were found guilty of multiple fraud and bribery charges after a two-week jury trial before U.S. District Judge William T. Lawrence.
Joyce Esther De Armero, 37, San Jose, California, was sentenced to twelve months and one day in prison and ordered to pay restitution for her role in a real estate investment fraud scheme.
Brett C. Lillemoe, 45, Minneapolis, Minnesota, Pablo Calderon, 59, Darien, Connecticut, and Sarah Zirbes, 39, Minneapolis, were charged by a federal grand jury with conspiracy, fraud and money laundering offenses related to a multi-million-dollar scheme to defraud banks.
Andre Lamont Chenier, 41, Houston, Texas, has been arrested on allegations he engaged in an eight-year bank fraud, identity theft and money laundering scheme. Chenier allegedly submitted a personal financial statement that listed fictitious assets as well as tax returns that contained the Social Security number of someone else.
Timothy Monahan, 36, San Diego, California, a real estate developer, was sentenced after previously pleading guilty to committing wire fraud.
Five defendants have been sentenced for their roles in a mortgage fraud conspiracy involving down payment fraud in the Eastern District of Texas.
Alex Soria, 69, and Sonia Rodis, 55, both of Las Vegas, Nevada, were each sentenced on one felony count of a pattern of mortgage lending fraud. The couple misrepresented to homeowners a fraudulent mortgage elimination program that involved the recording of affidavits, deeds of reconveyance and other title documents that failed to eliminate their mortgages.
Eliseo Jara Jr., 35, his wife, Melissa Jara, 34, and his brother, Sergio Jara, 33, all of Bakersfield, California, entered guilty pleas in connection with a $5.6 million mortgage fraud scheme in Bakersfield. Continue Reading…
Lana Dargai, Estero, Florida, former title agent has been arrested for allegedly stealing more than $705,000 in client funds intended for real estate transactions. As a result of her fraudulent actions, the underwriter for the funds was forced to cover the losses.