Rita “Jessica” Martinez, 31, Gilbert Martinez, 35, both of Houston, Texas, and Felix Martinez, 37, New Caney, Texas, have been charged with conspiracy and bank fraud for their alleged involvement in a scheme to defraud Farmers and Merchants Bank, Long Beach, California, of bank loans for themselves and others.
Archives For Loan App. Misreps
Four defendants have been sentenced in a mortgage fraud case: Christopher Ginyard, 27, Wichita, Kansas, two years supervised release and $40,000 restitution; Henry Pearson, Jr., 29, Wichita, two years supervised release and $56,000 restitution; Henry Pearson, Sr., Wichita, two years supervised release and $55,180 restitution; and Bruce Dykes, 45, Wichita, two years supervised release and $14,872 restitution.
Rosita Vilchez, 39, Lima, Peru; Armando Pino, 53, Centerville, Virginia, currently in Peru; Edgar Vilchez, 38, Manassas, Virginia; Lorene Chittenden, 57, Centerville, Virginia; and Rocio Benavides, 28, Manassas, Virginia—have been indicted and charged with conspiracy to commit bank fraud and wire fraud affecting a financial institution and operating a continuing financial crimes enterprise.
Michael Abobor, 38, Bowie, Maryland, was sentenced by U.S. District Judge Peter J. Messitte to 51 months in prison, followed by five years of supervised release, for wire fraud in connection with a mortgage fraud scheme involving intended losses of at least $2 million.
Robert Michael, 62, Chicago, Illinois, an owner of Chicago realty business who formerly was also the chief executive of a failed Chicago bank was arrested on federal bank fraud charges involving an alleged scheme to illegally provide a $650,000 mortgage for the purchase of a south side apartment building. Erroll Davis, 52, Chicago, a police lieutenant who allegedly played a role in the scheme was charged in the same indictment with federal income tax fraud.
Linda Yarleque, 44, and her husband, Fabio Moreno Vargas, 46, Westwood, New Jersey, were both convicted of one count each of bank fraud and conspiracy to commit wire fraud.
Teresa Giudice, 41, and her husband, Giuseppe “Joe” Giudice, 43, both of Towaco, New Jersey, two of the stars of the Bravo television show “The Real Housewives of New Jersey” were indicted on additional charges of bank fraud and loan application fraud.
Michael Angelo Munoz, 34, Bakersfield, California, pleaded guilty today to two counts of mail fraud relating to his involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007. On November 12, 2013, co-defendant Jayson Peter Costa, 40, also of Bakersfield, pleaded guilty to conspiracy to commit mail fraud, wire fraud, and bank fraud relating to the same mortgage fraud scheme.
Jose Armando Alvarado, 64, Miami, Florida, a former licensed real estate associate and mortgage broker, was sentenced to serve 135 months in prison for his role in a $2.4 million mortgage fraud scheme.
Alberto Solaroli, 59, Jacksonville, Florida, a Canadian citizen, who was living and working in Jacksonville, Florida, has been indicted on charges that he borrowed $1.5 million via false pretenses from OneBanc in April 2007.