Eric Lamarr Drake, 37, Detroit, Michigan, was arrested for allegedly operating a fraudulent mortgage banking business under false pretenses by promising mortgage services, retaining clients’ money and never delivering refunds to those clients.
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Peter Allen, Suhail Hallak, Al Karana, Joey Murad, Jason Najor, Jeffrey Najor, and Wasseem Shamoun have been indicted and charged with conspiracy to commit bank fraud, numerous counts of bank fraud, and other fraud charges.
Jeffrey Baker, 45, Detroit, Michigan, and Leroy Yeargin, Jr., 44, Southfield, Michigan, were charged with operating a fraudulent mortgage modification business defrauding approximately 272 victims out of $400,000.
Ronnie Edward Duke, 45, Fenton, Michigan, was sentenced to 13 years in prison in connection with a multi-million-dollar mortgage fraud conspiracy. On June 3, 2013, he was scheduled to self-surrender and begin serving his sentence. Duke failed to appear.
Diane M. Hathaway, 58, Grosse Pointe, Michigan, a former Michigan Supreme Court Justice, was sentenced to one year and one day in federal prison after having pleaded guilty in January 2013 to committing bank fraud in connection with a property in Grosse Pointe Park, Michigan.
Lorraine Brown, 51, Alpharetta, Georgia, former president of mortgage document processor DocX, was sentenced to 40 months to twenty years in prison on one count of Conducting Criminal Enterprises (Racketeering) for her role in authorizing the fraudulent signing of mortgage documents filed in Michigan.
Ronnie Edward Duke, 45, Fenton, Michigan, was sentenced to 13 years in prison in connection with a multi-million-dollar mortgage fraud conspiracy.
Six of seven defendants indicted in connection with the CDC Investments mortgage fraud scheme have been sentenced by U.S. District Judge Robert J. Jonker.
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John Bravata, 45, and Antonio Bravata, 25, Brighton, Michigan, a businessman and his son, were found guilty by a federal jury of conspiracy and multiple counts of wire fraud.
Hussein “Sam” Nazzal, 58, Dearborn, Michigan, a businessman, and Edward A. Schneider, 59, Dearborn, an attorney, were found guilty of multiple counts of fraud and commercial bribery after a three-week trial before U.S. District Judge David M. Lawson.
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