Paxton Jeffrey Anderson, 40, and Joseph John Plany, 39, have been convicted after a 12-day trial of 25 counts and 22 counts, respectively, of bank fraud and one count each of conspiracy to commit bank fraud for their participation in a mortgage fraud scheme.
Archives For False Documents
Eloise Blackmon, Gary, Indiana, was sentenced to 10 months in prison for her role in a mortgage fraud scheme. Upon release, Blackmon was also sentenced to supervised release for a period of two years. The scheme involved the purchase and sale of up to 25 properties. The defendant and her co-conspirators submitted false and fraudulent documents to lenders in order to qualify the borrowers for loans.
Donna Shirley Cobb, 53, Aledo, Texas, woman has been sentenced to federal prison for her role in a mortgage fraud scheme involving 28 properties located in the Eastern District of Texas.
Joshua Clymer, 28, San Francisco, California, pleaded guilty to conspiracy to commit mail and wire fraud in connection with his use of fraudulent tactics to help buyers secure home loans from lenders, including inflating income, falsifying employment histories, and giving undisclosed cash back to some buyers outside of escrow.
Maximus A. Yaney, 37, and Jamie L. Bray, 36, both New York residents, were each indicted in Benton, Illinois, on one count of bank fraud and one count of wire fraud for their alleged roles in a mortgage fraud scheme wherein they used fake documents to persuade lenders to finance the sale of an apartment complex.
Carmen Denise Mosley, 43, Granada Hills, California, a licensed accountant, was convicted following a five-day jury trial of conspiracy and fraud charges for participating in a mortgage fraud scheme in southern Nevada and causing approximately $1.6 million in losses to federally insured financial institutions.
Christian Sanchez, 47, Rogers, Arkansas, was sentenced to 18 months in federal prison, three years of supervised release, and a $2500 fine for making False Statements to a Financial Institution relating to a mortgage loan application.
Jabari L. Marshall, 36, Las Vegas, Nevada, who was convicted by a jury in September 2013 of conspiracy to commit mail and wire fraud for his involvement in a scheme to obtain $35 million in fraudulent mortgage loans, was sentenced to 20 years in prison.
Michael C. Kaufman, and his son, Richard A. Kaufman, both of Pittsford, New York, were convicted by a jury of conspiracy to commit bank fraud, bank fraud, and loan fraud. The charges carry a maximum penalty of 30 years in prison, a fine of $1,000,000, or both.
Walter Ryan Macapaz, 36, Houston, Texas, has been ordered to prison along with Tony David Maldonado, 33, Houston, a businessman, and Buffy Marie Lawrence, an attorney and former mortgage loan officer, for their roles in a scheme to defraud residential mortgage lenders of more than $22 million in loans.