Gregory Lashon Thomas, 41, Desoto, Texas, was convicted by a federal jury following a week-long trial before Chief U.S. District Judge Sidney A. Fitzwater on various offenses related to a multimillion dollar mortgage fraud scheme he ran in the Dallas, Texas area.
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Jennifer Hughes-Boyles, 40, Topeka, Kansas, a former vice president at Heritage Bank in Topeka has been sentenced to 30 months in federal prison for bank fraud. The judge also ordered her to pay $712,144 in restitution.
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Jong Shin, 52, Bronx, New York, was sentenced to 186 months for orchestrating a mortgage fraud scheme in Atlantic City, New Jersey, involving seven properties that were bought and sold 17 times in a little more than six months.
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William Brown, 60, Newark, New Jersey, man was sentenced to 66 months in prison for his role in a $40.8 million mortgage fraud conspiracy, recruiting straw buyers to purchase real estate properties in New Jersey, South Carolina, and Georgia, and causing lenders to release more than $18 million based on fraudulent mortgage loan applications.
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Michael Jacoby, 44, Castle Rock, Colorado; Derek Zar, 30, Commerce City, Colorado; and Susanne Zar, 58, Frederick, Colorado, were found guilty on August 30, 2012, by a federal jury for wire fraud, bank fraud, and money laundering.
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Tommy Lister, 54, Chatsworth, California, an actor who has appeared in approximately 100 movies, and Arcelia Chavez, 48, Northridge, California, a San Fernando Valley accountant, were charged in federal court with conspiring to commit mortgage fraud in a scheme that led to $3.8 million in losses.
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Michael Ohayon, 44, San Francisco, California, and David Papera, 50, San Rafael, California, were sentenced to 60 and 70 months in prison, respectively, and ordered to pay more than $10.5 million in restitution for conspiracy to commit bank fraud and money laundering.
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Kevin A. Dahl, 57, Lakeville, Minnesota, pleaded guilty to obtaining fraudulently more than $1.4 million in loans from four different banks.
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Ronald D. Catrell, 46, Overland Park, Kansas, pleaded guilty to swindling lenders and investors out of more than $5 million by obtaining loans and lines of credit based on false information.
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Alicia Martineau, 25, West Haven, Connecticut, Wilson Nicolas, 29, Groton, Connecticut, Lisa Depa, 26, Middletown, Connecticut, and Richard Novak, 49, Middletown, each involved in an extensive mortgage fraud scheme, were sentenced on Friday, August 24, 2012, for their crimes.
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