Archives For Iowa

Mandy Lea Whipple, formerly Mandy Lea Johnson, 34, Page County, Iowa, was sentenced by United States District Court Judge Stephanie M. Rose, to 18 months in prison followed by five years of Supervised Release for Mortgage Fraud, announced United States Attorney Kevin E. VanderSchel.

Whipple entered a guilty plea on June 9, 2016, to Mortgage Fraud for falsifying mortgage loan papers to purchase a house in Fremont County, Iowa. The investigation began with a report of delinquent payments on the purchased Fremont County residence, leading to the discovery that Whipple had falsely obtained a Veteran Administration’s loan to purchase the home, using the name and identifiers of a military veteran that employed her.

As part of the sentence, the Court ordered Whipple to make restitution to the Veteran’s Administration in the amount of $41,675.00; to J.G. Wentworth Mortgage Home Lending, LLC, in the amount of $28,904.27; and to Discover Financial Services in the amount of $5,780.04.

The sentencing was announced United States Attorney Kevin E. VanderSchel. The investigation was conducted by the Fremont County Sheriff’s Office, Fremont County Attorney’s Office, Department of Veteran Affairs-Office of Inspector General, and prosecuted by the United States Attorney’s Office for the Southern District of Iowa.

Gary Matthew Johnston, 34, Nodaway, Iowa, was sentenced by United States District Court Judge Stephanie M. Rose to five years of probation, and was ordered to pay restitution in the amount of $113,754.20, for converting the proceeds from the sales of approximately 176 head of cattle that were mortgaged by the Farm Service Agency of the United States Department of Agriculture.

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Jason Springer, an attorney, and Rick Makohoniuk, a real estate agent, were both convicted of bank fraud after an eight-day jury trial. Springer was convicted of seven counts of bank fraud, and Makohoniuk was convicted of one count of bank fraud, in connection with a short sale/property flipping scheme.

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Thomas Richard Jager, 66, Bettendorf, Iowa, was sentenced by United States Chief District Court Judge James E. Gritzner to 97 months imprisonment, after pleading guilty to four counts of wire fraud for failing to forward monthly remittance payments to investors, providing false reports, failing to distribute lump sum payoffs of mortgages to investors, and transferring money held in escrow to his personal bank account..

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Nathan Smith, Patrick Steven, Jason Springer, Rick Makohoniuk, and Jerod Hogan, have each been indicted and charged with bank fraud based on their participation in an alleged fraudulent property flipping scheme in Des Moines, Iowa.

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Jamie Bowers-Danielson, 35, and Matthew Danielson, 36, Ankeny, Iowa, were sentenced for their involvement in a mortgage fraud scheme.

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Paul Kramer, 43, Granger, Iowa, was sentenced on August 19, 2013, by Chief United States District Judge James E. Gritzner to 90 months in prison for wire fraud, bank fraud, and conspiracy. Judge Gritzner also sentenced Kramer to five years of supervised release following incarceration.

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Bobbi Jo Wojewoda, 46, Grimes, Iowa, was sentenced by United States District Court Chief Judge James E. Gritzner to 18 months in prison for conspiracy to commit bank fraud. Judge Gritzner also sentenced Wojewoda to serve 60 months of supervised release following the completion of her prison term.

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Michael Saad, 49, an Iowa resident, was sentenced to six months’ imprisonment, followed by six months’ home confinement, for willfully overvaluing property for the purpose of influencing a federally insured credit union.

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Lane Anderson, 38, was sentenced to four years imprisonment for conspiracy to commit bank fraud and wire fraud in connection with a straw buyer scheme.

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