Jeff McGrue, 51, Tacoma, Washington, was sentenced to 25 years in federal prison for running a scheme that defrauded owners of distressed Southern California homes by promising to prevent foreclosure through the paying off of their mortgages, but in reality doing no more than sending their lenders fake notes, totaling $55 million, that were supposedly backed by Treasury bonds.
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Jason Heath Morrison, 35, Midland, Texas, was sentenced to 84 months in federal prison followed by ten years of supervised release for his role in a real estate fraud scheme, as well as for his failure to register as a sex offender.
Morrison‘s co-defendant, Marcus Jacob Rosenberger, 35, Odessa, Texas, was sentenced
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George Eggleston, 65, Las Vegas, Nevada, was sentenced by United States District Judge Lawrence J. O’Neill to six years and nine months in prison, to be followed by three years of supervised release. Eggleston had previously pleaded guilty to charges he committed mortgage fraud and had operated a mortgage foreclosure rescue scheme to defraud homeowners facing foreclosure. The court
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Ronald Harris Jr., 41, Piscataway and West Orange, New Jersey, who owned and operated multiple foreclosure rescue companies, admitted his role in a mortgage fraud scheme that defrauded numerous mortgage lenders of over $10 million.
Harris pleaded guilty before U.S. Magistrate Judge Patty Shwartz to an Information
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Charles C. Jamison, 30, Citrus Heights, California, was sentenced by United States District Judge Lawrence K. Karlton to two years and eight months in prison, to be followed by three years of supervised release. Jamison pleaded guilty to bankruptcy fraud charges on February 16, 2011.
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Alex P. Soria, 64, Las Vegas, Nevada, was indicted on Wednesday, April 20, 2011, by a federal grand jury on charges that he defrauded distressed homeowners in Las Vegas who were attempting to refinance or adjust their home mortgages. The Defendant was charged with six counts of wire fraud, three counts of mail fraud, one count of concealment of information from the
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Luis Miguel Macias, 40, Rialto, California, was arrested on Wednesday, April 20, 2011, by investigators from the San Bernardino County District Attorney’s Office-Real Estate Fraud Prosecution Unit in the hallway of the San Bernardino County Superior Courthouse.
Macias had been out on bail facing felony charges in another real estate related fraud case when investigators
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James Dan, 46, Annapolis, Maryland, was sentenced by U.S. District Judge J. Frederick Motz to a year and a day in prison followed by three years of supervised release for conspiracy to commit wire fraud in connection with a mortgage fraud scheme which promised to help homeowners facing foreclosure keep their homes, but left them homeless and with no equity. Judge Motz also ordered that Continue Reading...
Juan Rangel, 47, Downey, California, was sentenced to 22 years in federal prison for running two fraud schemes – a Ponzi scheme that took in at least $30 million from more than 500 victims, and a mortgage fraud scheme that preyed on working-class homeowners by stealing the equity from their homes and secretly taking title to their properties.
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Alfred Eugene Parker, 32, Woodland Hills, California, a man who bilked more than 20 victims out of approximately $2 million in less than one year, has been sentenced to 46 months in federal prison. Parker was sentenced by United States District Judge R. Gary Klausner, who remanded the defendant into custody at the conclusion of the sentencing hearing. Continue Reading...