John Wayne Perry, Jr., 33, Charlotte, North Carolina, pleaded guilty on Monday, December 1, 2014, for his role as a promoter in a $75 million mortgage fraud racketeering conspiracy.
This conviction is the latest in Operation Wax House, an investigation which began in 2007 and has netted 91 defendants to date. Eighty-nine defendants charged have either pleaded guilty or have been convicted following a trial. Two remaining defendants are international fugitives. Continue Reading…
Abdallah Suleiman Kitwara, 44, Bowie, Maryland, was sentenced by U.S. District Judge George J. Hazel to 15 months in prison followed by five years of supervised release for conspiring to commit wire fraud arising from a residential mortgage fraud scheme wherein he used another individual’s identity, false income and credit information to induce a lender to provide a home mortgage loan.
Thomas Provenzano, 48, Torrington, Connecticut, was sentenced by U.S. District Judge Janet Bond Arterton to 18 months of imprisonment, followed by five years of supervised release, for his role in a series of fraudulent real estate transactions.
Michael “Sean” Davis, 43, Crestview, Florida, has been indicted by a federal grand jury and charged with nine felony counts for allegedly orchestrating short sales from Bank of America by causing the submission of false documents in real estate closings.
Sixteen people have been charged for operating a fraudulent telemarketing scheme that involved losses of over $20 million to more 290 victims in 46 states and Canada, including Michigan.
David Andrew Glynn, 47, Charleston, West Virginia, was sentenced in federal court in Charleston to two and a half years in prison for conspiring to defraud timeshare owners throughout the United States and Canada by promising buyers in exchange for a fee. Continue Reading…
Evelyn Brigget Sanchez, 32, and Darling Arlette Montalvo, 33, both of Bakersfield, California, were convicted by a federal jury for their involvement in an extensive mortgage fraud scheme that ran from October 2005 to May 2007.
Minerva Sanchez, 48, Fremont, California, pleaded guilty to conspiracy to commit bank fraud. Sanchez admitted that she advised a seller to submit false and fraudulent short-sale applications to Tri Counties Bank and Freddie Mac.
Su Chu Chou “Terry” Cheng, Walnut Creek, California, and Chung Li “George” Cheng, Walnut Creek, both Northern California real estate investors, have agreed to plead guilty for their role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.
Malgorzata Karas-Golka, also known as “Margaret,” 46, Newington, Connecticut, and Carmelinda Marotta, also known as “Linda,” 45, Manchester, Connecticut, who were involved in an extensive mortgage fraud scheme have pleaded guilty in federal court.
