A 34-count indictment was unsealed charging five people with various crimes stemming from their participation in a mortgage fraud scheme between May 2004 and February 2009 that involved fraudulent documents, inflated purchase prices on loan documents for more than 100 Philadelphia properties and resulted in more than $20 million in fraudulent loan proceeds.
Archives For Loan App. Misreps
Victor Patela, Newark, New Jersey, a police officer, was sentenced to 48 months in prison for his role in a conspiracy to commit bank fraud, bank fraud, two counts of loan application fraud, and bank bribery.
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Ronnie Edward Duke, 45, Fenton, Michigan, was sentenced to 13 years in prison in connection with a multi-million-dollar mortgage fraud conspiracy.
Robert Mikail, 40, and Ging-Hwang “Felicia” Tsoa, 58, both of Ashburn, Virginia, have been charged with conspiracy and bank fraud charges related to their alleged roles in a $20 million mortgage fraud scheme involving more than 35 homes.
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John J. Doran, 63, Niantic, formerly of Deep River, Connecticut, pleaded guilty before United States Magistrate Judge Donna F. Martinez in Hartford to one count of making false statements to influence a bank in connection with a mortgage application.
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Fred Stevens, 56, Easton, Connecticut, was sentenced by United States District Judge Janet C. Hall in New Haven to 12 months and one day of imprisonment, followed by three years of supervised release, for his role in a Fairfield County mortgage fraud scheme.
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Reginald R. Harper, 59, Hammond, Louisiana, and Troy A. Fouquet, 45, Covington, Louisiana, were sentenced by U.S. District Judge Nannette Jolivette Brown for conspiracy to commit bank fraud.
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Kenneth Koehler, 43, Baltimore, Maryland, was sentenced to 18 months in prison followed by two years of supervised release for conspiracy to commit wire fraud in connection with a mortgage fraud scheme in which fraudulent loans were obtained on six properties, all of which subsequently went into foreclosure.
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James Gordon Fields, 47, whose last known address in unknown, a man who was a fugitive for more than a year, pled guilty in the United States District Court for the Western District of Virginia in Lynchburg to a variety of fraud charges.
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Jon C. Cooper, 64, Washington, D.C., was indicted by a federal grand jury on charges that he filed a false tax return concealing embezzled income, and committed mortgage fraud, among other alled crimes.
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