Lester Soto, 57, Freehold, New Jersey, owner of a mortgage company that was responsible for a long-running, large-scale mortgage fraud that caused losses of more than $30 million admitted his role in the scheme.
Archives For False Documents/HUD
Nathan Shane Wolf, 42, Charlotte, North Carolina, Denetria Montresa Myles, 42, Charlotte, were convicted following a week-and-a-half-long trial by a federal jury on all charges relating to a $75 million racketeering conspiracy.
Theresa Marcianti, 60, Las Vegas, Nevada, a real estate escrow officer, was convicted of conspiracy and fraud charges for her involvement in a mortgage fraud scheme that caused millions of dollars in losses to the lenders and financial institutions.
Frederick Tropeano, 47, Holmdel, New Jersey, was sentenced to 12 years with a five year, ten-month period of parole ineligibility, in a New Jersey state prison after he admitted he laundered millions of dollars through an extensive mortgage refinance fraud scheme bilking more than 40 homeowners in New Jersey and New York out of more than $7.5 million,
Linda Cohen, 55, Orange, New Jersey, a paralegal, admitted participating in a long-running, large-scale mortgage fraud scheme that defrauded financial institutions of at least $2 million.
Rhonda Scott, 52, Oxon Hill, Maryland, pleaded guilty before U.S. District Judge James K. Bredar to conspiring to commit wire fraud in connection with two separate mortgage fraud schemes that resulted in losses of over $2,500,000.
Klary Arcentales, 44, Lyndhurst, New Jersey, was indicted for her role in a long-running, large-scale mortgage fraud scheme that caused millions of dollars in losses.
Scott C. Allmon, 38, Easley, South Carolina, pled guilty in federal court in Anderson to making false statements in connection with a real estate investment scheme, a violation of Title 18, United States Code, Section 1001.
Kwame Nkrumah, a/k/a Roger Woodson, 57, Meriden, Connecticut, admitted his role in an extensive mortgage fraud scheme related to the purchases of numerous homes in New Haven, Connecticut.
Oscar Torres, 47, Weston, Florida, pleaded guilty to participating in two separate mortgage fraud conspiracies. He faces a maximum penalty of 30 years in federal prison on each of the two counts.