Paxton Jeffrey Anderson, 40, and Joseph John Plany, 39, have been indicted in Arizona for their alleged participation in a mortgage fraud scheme.
Continue Reading...Archives For Appraisal Fraud
Mario Giannandrea, 43, pled guilty to misprision of a felony admitting that he participated in a fraudulent scheme to obtain a mortgage for $1,500,000, tried to conceal the scheme from being discovered, and did not bring it to the attention of law enforcement
Continue Reading...
Brandon Hanly, 32, Redding, California, was found guilty by a federal jury of wire fraud, mail fraud, and money laundering following a six-day mortgage fraud trial.
Thomas Gregory Alexander, 61, San Diego, California, was sentenced by U.S. District Chief Judge Roslyn O. Silver to 10 years in federal prison, to be followed by five years of supervised release.
Bassam Hajyousif, 44, Oak Park, Illinois, pleaded guilty to defrauding a bank of approximately $48.8 million involving two failed condominium conversion projects in downtown Chicago, Illinois, that he and a partner were involved with between 1999 and 2003.
Continue Reading...
Kathy J. Mascarenas, aka Kathy Oliver, 53, Westminster, Colorado, was sentenced by U.S. District Court Judge Blackburn to serve 24 months in federal prison for wire fraud.
Continue Reading...
Guerard Wallace Howard, 63, Melbourne, Florida, pleaded guilty to one count of wire fraud, he faces a maximum penalty of 20 years in federal prison.
Continue Reading...
George Cavallo, 47, Kirkland, Washington, his wife, Paula Hornberger, 41, Kirkland, Washington, and Joel Streinz, 54, Nokomis, Florida, a former police officer, were sentenced by U.S. District Court Judge Elizabeth A. Kovachevich to federal prison terms for their roles in a mortgage fraud scheme.
Continue Reading...
Seven people have been charged for their alleged involvement in a mortgage fraud scheme totaling nearly $5 million. The individuals allegedly defrauded lenders by using straw buyers, filing false liens with county officials, laundering money, and inflating prices quoted to lenders.
Continue Reading...
Paul L. Hartfield, 56, Overland Park, Kansas, has been sentenced to 78 months in federal prison on bank fraud charges. He was ordered to pay approximately $2.6 million in restitution.
Continue Reading...