Mariame Robinson-Cowan, 66, Yonkers, New York, waived her right to indictment and pleaded guilty in New Haven, Connecticut, federal court to one count of wire fraud related to her participation in an advance fee fraud scheme.
Peter W. Hayes, 49, Newark, Delaware, pleaded guilty to one count of accepting a gift for procuring loans, in violation of Title 18, United States Code, Section 215. United States District Judge Richard G. Andrews scheduled a sentencing hearing for March 17, 2015, at 9 a.m.
Sneha Ramesh Mohammadi, 52, Bakersfield, California, was sentenced by United States District Judge Lawrence J. O’Neill to 18 months in prison, to be followed by five years of supervised release, for her involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007.
Patrice Hairston, 52, Lawrenceville, Georgia, Bonnie Rose, 54, Jonesboro, Georgia, Sarah Hyldahl, 32, Marietta, Georgia, and Ronnika Allen, 30, Powder Springs, Georgia, have been sentenced for their roles in a scheme to defraud mortgage lenders of over $2 million in mortgage loans.
John Packard, 64, Long Beach, California, one of the owners of a now-defunct Southern California real estate investment firm, pleaded guilty to perpetrating a fraudulent scheme that ended with the bankruptcy of the company, in which investors and banks collectively lost more than $110 million.
George Christo George, 55, Las Vegas, Nevada, pleaded guilty to mortgage fraud in a case involving defrauding several Northern Nevadans together of more than $238,000 through elaborate schemes that included bogus real estate deals with a fictitious wealthy sheikh and investments in a luxury downtown Reno, Nevada high rise.
Mark Feathers, 51, Los Altos, California, an investment manager, was indicted by a federal grand jury on twenty-nine counts of securities and mail fraud, relating to a multi-million dollar investment scheme. The defendant falsely represented to prospective investors that the investment funds would pay “Member Returns” of at least 7.5% from profits generated by the investment funds’ mortgage loan portfolios.
An indictment has been unsealed charging 15 defendants, including charges of conspiracy to commit bank fraud and wire fraud in connection with mortgages and other loans secured by properties in Brooklyn, Manhattan and Monroe in Orange County, New York. Continue Reading…
Scott Edward Cavell, 31, Sacramento, was sentenced by United States District Judge John A. Mendez to five years in prison and ordered to pay $7.4 million in restitution for committing wire fraud in connection with laundering mortgage fraud proceeds.
Christopher Wayne White, 44, Fort Lauderdale, Florida, pled guilty in three separate fraud cases before U.S. District Judge William P. Dimitrouleas involving escrow fraud, making false statements to a lender in connection with the purchase of a luxury home as well as false statements on his naturalization application.