Ronald Johannes Sneijder, 48, Herndon, Virginia, a former owner of a title and escrow company based in the District of Columbia, pled guilty to the lead count in a recently filed indictment, bank fraud. As previously reported by Mortgage Fraud Blog, the indictment against Continue Reading...
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Delroy Oliver Davy, 38, Lithonia, Georgia, was sentenced by United States District Judge J. Owen Forrester to serve 14 years in federal prison on charges of bank fraud and conspiring to commit bank, mail and wire fraud. Davy‘s sentence is to be followed by 5 years of supervised release, and he was ordered to pay $5,504,431 in restitution. Continue Reading...
Todd Joyce, 38, Hurricane, Putnam County, West Virginia, was sentenced to 18 months in prison by U.S. District Judge Thomas E. Johnston on federal mortgage fraud and tax evasion charges. He will also serve five years on supervised release after his prison term. As previously reported by Mortgage Fraud Blog, Continue Reading...
Ijeoma Okoh, 32, Newark, New Jersey, a former employee of the Essex County Division of Welfare was sentenced for falsifying employment records in order to qualify for a $357,050 loan to buy a home in Newark, New Jersey. Okoh was sentenced to two years of probation by Superior Court Judge Michael L. Ravin in Essex County.
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Richard Wayne Hope, 53, Denham, Louisiana, formerly of Hagerstown, Maryland, pleaded guilty to conspiracy to commit bank fraud in connection with a $1.75 million loan he obtained on behalf of a company.
According to his plea agreement, Richard Hope and his brother, Otis Hope, the senior pastor for Continue Reading...
Six men were indicted by a grand jury on 10 counts involving charges that they stole more than $2.6 million from lenders by filing fraudulent mortgage loan applications. Those charged in the indictment are:
Jonathan P. Domash, 40, Marlboro, New Jersey;
Diversified Assets, Inc., owned and operated
Gabriel Richard Viramontes, 48, Elk Grove, California, was convicted of six counts of bank fraud and seven counts of mail fraud. The guilty verdict was returned by a federal court jury in Sacramento after a seven-day trial before United States District Judge Edward J. Garcia. The jury deliberated just over an hour.
According to testimony presented at trial, Viramontes
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After a two-year investigation, four indictments charging 17 people with more than 108 crimes were handed down for their roles in mortgage fraud and identity theft schemes that stole more than $20 million from homeowners, banks, and the County government. Among those arrested are lawyers, mortgage brokers, real estate brokers, bank employees, an appraiser, a financial consultant and one United States Postal worker. The investigation was dubbed “Operation Sweet Deal.”
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Christopher M. Chiavola, 32, Chico, California, pleaded guilty before United States District Judge Edward J. Garcia to one count of mail fraud and one count of money laundering in connection with a mortgage fraud scheme allegedly orchestrated by co-defendant, Garret Griffith Gililland III.
According to the plea
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Berta Sanders, 61, Miami Lakes, Florida, a Certified Public Accountant, was sentenced before U.S. District Court Judge Paul C. Huck to 52 months’ imprisonment, 5 years of supervised release, and restitution in the amount of $31 million.
From approximately November 2005 through March 2008, Sanders conspired to submit false loan applications to Continue Reading...