Teresa Giudice, 41, and her husband, Giuseppe “Joe” Giudice, 43, both of Towaco, N.J., two stars of the Bravo television show “The Real Housewives of New Jersey” were charged in a conspiracy to defraud lenders and illegally obtain mortgages and other loans as well as allegedly hiding assets and income during a bankruptcy case,
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David L. Sturgeon, 63, Cordell, Oklahoma, was sentenced by United States District Judge Joe Heaton to serve 12 months and one day in federal prison for making false statements to defraud the Bank of Cordell.
Edgar Galdamez, 36, Rockville, Maryland, pleaded guilty to wire fraud in connection with a mortgage fraud scheme which resulted in losses of over $515,000.
Kevin Derricott, 40, Rocklin, California, was sentenced to 20 months in prison for his role in a scheme to defraud lenders out of millions of dollars.
John Nazarian, Saratoga County, New York, has been indicted and charged with aiding and abetting bank fraud for his alleged role in a mortgage fraud scheme.
Juan Velez, 60, Waterford, Connecticut, pleaded guilty before United States District Judge Robert N. Chatigny in Hartford, Connecticut, to one count of bank fraud stemming from a mortgage fraud scheme. Velez pleaded guilty in the middle of his trial, which began on June 17, 2013.
James Wazlawik, 48, Prescott, Wisconsin, was sentenced by U.S. District Judge Lynn Adelman to one day in jail, to be followed by three years of supervised release, for making a false statement to a bank in connection with a home equity loan.
Patrick Charles Thomas, 55, Cut Bank, Montana, appeared on charges of violation of the False Claims Act, conversion of secured property, and federal loan fraud/false writing. He is currently released on special conditions.
Safieh Fard, 52, Escondido, Calif., was sentenced to 63 months in prison by U.S. District Judge Cormac J. Carney. Fard was also ordered to pay $594,000 in restitution to the Internal Revenue Service (IRS) for unpaid individual income taxes.
Thomas Komasa, 48, and his wife Heidi Komasa, 40, former Vermont residents, who now live in Saugerties, New York, were sentenced in United States District Court in Burlington, Vermont, following their mortgage fraud convictions in the summer of 2012.