Scott M. Wickersham, a loan officer and real estate agent, has been charged with conspiracy to commit mail fraud, wire fraud and bank fraud for his role in a mortgage fraud scheme. The defendant pleaded guilty on January 11, 2013.
Archives For Loan App. Misreps
Scott L. Lemons and Kevin V. Robinson were indicted on January 3, 2013, for their roles in an alleged scheme to defraud mortgage lenders concerning the sale of condominiums in Myrtle Beach, South Carolina.
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Franklin Thad Harris, 57, and Merlin D. Unruh, 51, both of Grand Junction, Colorado, were arrested in Grand Junction for a bank fraud scheme.
Five people have been arrested by Federal authorities for their alleged involvement in a builder bailout real estate scheme that fraudulently purchased more than 100 condominium units around the country with mortgages that mostly went into default, resulting in foreclosures and millions of dollars in losses.
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Michael Rumore, 54, Lyndhurst, New Jersey, an attorney formerly licensed in New Jersey, was arrested in connection with a long-running, large-scale mortgage fraud scheme that caused losses of more than $30 million.
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Juan Carlos Sanchez, New York, N.Y., was sentenced to 15 years in prison, to be followed by 3 years of supervised release for his participation in a $39 million mortgage fraud scheme.
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Juan Carlos Sanchez, New York, N.Y., was sentenced to 15 years in prison, to be followed by 3 years of supervised release for his participation in a $39 million mortgage fraud scheme.
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Daniel Morar, 41, Suceava, Romania, was arraigned on a superseding indictment charging him with six counts of wire fraud, one count of conspiracy to commit wire fraud, nine counts of money laundering, one count of conspiracy to commit money laundering, and seven counts of false loan and credit applications for his role in straw borrower scheme.
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Camille M. Harris, 42, Cleveland, Ohio, Kenneth T. Embry, 56, Lyndhurst, Ohio, and Deon D. Levy, 43, Bedford, Ohio, were indicted for their roles in a $1.4 million mortgage fraud conspiracy involving property in North Carolina.
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Mitchell Cohen, 54, Old Westbury, New York, the owner of the now defunct Buy-A-Home real estate brokerage business, pled guilty to one count of conspiracy to commit wire, bank and mail fraud in connection with a multi-million dollar mortgage fraud scheme.
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