Mae Rabuffo, 75, New York, Raymond E. “Ray” Olivier, 53, Land O’ Lakes, Florida, and Curtis Allen Davis, 52, Tampa, Florida, the final three individuals involved in the $49.6 million Hampton Springs, North Carolina, mortgage fraud scheme, have been sentenced. Continue Reading…
Archives For False Documents
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.
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.
Melvin Russell “Rusty” Shields, 45, Granite Falls, North Carolina, and Michael Sims, 60, Gilroy, California, the founders of the S3 Partners, were sentenced to prison for investment fraud and fraudulently obtaining millions of dollars from banks by submitting forged and fraudulent invoices and loan closing documents.
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.
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.
Thomas Ragonese, 55, Trumbull, Connecticut, was sentenced by U.S. District Judge Robert N. Chatigny to three years of probation, the first six months of which Ragonese must spend in home confinement on electronic monitoring, for participating in a scheme to defraud a Bridgeport, Connecticut, residential property owner. He was also ordered to perform 60 hours of community service.
Derryl L. Tanner, 47, Euclid, Ohio, and Julie A. Becker, 39, Cleveland, Ohio, are the subjects of a six-count indictment charging them of engaging in a $2.1 million mortgage-fraud scheme involving a Westlake, Ohio, home.
Benjamin Bland, 39, Glen Allen, Virginia; Michael Westbrook, 36; and Anthony Simpson, 43, both of Baltimore, on charges arising from a scheme to allow individuals with poor credit histories and criminal records to obtain loans and real property using misappropriated social security numbers and fraudulently established credit histories.
Patrick J. Belzner, a/k/a Patrick McCloskey, 45, Selbyville, Delaware, was sentenced by U.S. District Judge J. Frederick Motz to 15 years in prison followed, by three years of supervised release, on charges of wire fraud conspiracy, wire fraud and tax evasion for his role in a scheme to rip off investors by promising to secure large loans in exchange for substantial sums deposited in an escrow bank account.