Alonzo Jackson Brown III, 44, Fairfield, California has been indicted on nine counts in connection with an investment fraud scheme and a mortgage fraud scheme.
According to court documents, Brown is a licensed real estate broker who used that position to perpetrate a mortgage fraud scheme. Brown is accused of
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Below are brief summaries of some of the significant mortgage fraud cases in California brought since June 18, 2010:
United States v. David Crisp, et al. The indictment alleges that, from approximately January 2004 to September 2007, the defendants operated real estate businesses in Kern County through which they submitted fraudulent loan applications
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Annita Hawes, a/a “KME,” Los Angeles, California, plead guilty to an Indictment charging her with conspiracy to commit bank fraud, bank fraud, and identity theft.
Hawes admitted her involvement in a multi-jurisdictional mortgage fraud scheme with ties to Continue Reading...
Dorothy Rodriguez, Tampa, Florida, was charged via criminal Information for falsifying her income, employment and occupancy in purchasing a property in Navarre, Florida.
According to her guilty plea, Continue Reading...
Thomas Gregory Alexander, 60, San Diego, California, a loan originator, pleaded guilty to 10 felony counts for his role in a multi-million-dollar mortgage fraud scheme. Alexander entered guilty pleas for one count of Conspiring to Commit Wire Fraud and nine counts of Wire Fraud before U.S. Magistrate Judge David K. Duncan. He will be sentenced on September 19, 2011, before
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Mirasol Salazar, 35, a seven-year clerical employee for the Town of Cicero, Illinois, was charged with altering her pay stubs and W-2 forms to inflate her income from $30,000 to over $52,000 in order to qualify for a loan on a Berwyn, Illinois home. The house fell into foreclosure when the defendant failed to make mortgage payments. The defendant was indicted on charges of Financial Institution Fraud, Theft, Theft by
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James Merrill Roberts, Cedar Hills, Utah, pleaded guilty to counts 3 and 8 of an indictment charging him with a scheme to identify residential properties, recruited straw buyers, and, through false statements on loan applications, falsely inflated the apparent value of the properties to induce lenders to grant loans for amounts in excess of their fair market value.
As
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Eric Rulack Farrington, 58, Irving, Texas, was sentenced by U.S. District Judge Sam A. Lindsay to 132 months in federal prison for largely orchestrating a multi-million dollar mortgage fraud scheme in the Dallas, Texas area. Judge Lindsay also ordered that Farrington pay approximately $2.5 million in restitution and forfeit approximately $1.2 million to the U.S.
As
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Melvin Rohs, 65, Nevada City, California, was sentenced by United States District Judge Lawrence K. Karlton to 33 months in prison to be followed by five years of supervised release and ordered him to pay $533,976 in restitution.
On December 14, 2010, Rohs pleaded guilty to three counts of theft, embezzlement or misapplication of bank officer or employee and two counts of
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Larry P. Corbi Jr., 36, Buellton, California, was sentenced to 21 months in federal prison for defrauding banks by nearly simultaneously seeking home equity lines of credit from four different federally insured financial institutions.
Corbi, who resided in Marina del Rey during the course of the scheme and has since relocated to the Central Coaset, was sentenced by United States
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