John Michael Stevens, 47, Lakeville, Minnesota, pleaded guilty for his role in a scheme to defraud mortgage lenders in connection with the sale of condominiums at the Chateau Ridge development in Burnsville, Minnesota.
Archives For Loan App. Misreps
Pedro Benevides, 44, Astatula, Florida, has been indicted and charged with conspiracy to commit bank fraud, nine counts of bank fraud, and nine counts of making false statements to financial institutions. If convicted, Benevides faces a maximum penalty of 30 years in federal prison and a $1million fine for each of the nineteen charged counts.
Dwight A. Etheridge, 49, Chesapeake, Virginia, was sentenced to 50 months in prison, followed by five years of supervised release, for conspiracy to commit bank fraud, bank fraud, false statements to a financial institution, and aiding and abetting misapplication of bank funds.
Lisa Marie Scarfo, 34, Elmer, New Jersey, the wife of a reputed mob figure admitted she conspired to defraud a mortgage lender in order to buy a $715,000 house in Egg Harbor Township, New Jersey.
Eric Ray Hernandez, 37, Bakersfield, California, was sentenced by Senior United States District Judge Anthony W. Ishii to 10 years and 10 months in prison for conspiracy to commit mail fraud, wire fraud, and bank fraud in connection with a mortgage fraud scheme.
Jamie Bowers-Danielson, 35, and Matthew Danielson, 36, Ankeny, Iowa, were sentenced for their involvement in a mortgage fraud scheme.
Todd Van Natta, Seymour and Columbus, Indiana, was sentenced by U.S. District Judge William T. Lawrence to 60 months in federal prison after pleading guilty to 10 counts of bank fraud, three counts of wire fraud, and two counts of tax fraud.
Six borrowers were sentenced in Oregon by U.S. District Court Judge Ann Aiken for their roles in a large-scale mortgage fraud scheme.
Christopher Ginyard, 27, Wichita, Kansas, pleaded guilty to one count of wire fraud; Henry Pearson, Jr., 28, Wichita, pleaded guilty to one count of bank fraud; Janice Young, 26, Wichita, pleaded guilty to one count of wire fraud; and Henry Pearson, Sr., Wichita, pleaded guilty to one count of wire fraud.
Peter Wilkinson, Eugene, Oregon, was sentenced on September 3, 2013, for his role in a mortgage fraud scheme involving the submission of false and misleading loan packages to lenders.