Duy Khac Nguyen, 34, Garden Grove, California, is scheduled to be arraigned for defrauding 42 victims of over $92,000 by operating a fraudulent loan modification company.
Archives For Loan Modification
Ajay Thuraisingham, 27, Ontario, Canada, and co-defendant Christopher Duharte, 36, Coconut Creek, Florida, were sentenced by U.S. District Judge Kenneth Marra to 54 months in prison, and to 30 months in prison, respectively, for their roles in operating boiler rooms that collected advance fees from distressed homeowners purportedly in exchange for obtaining loan modifications for the homeowners which were, with few exceptions, never provided.
Maria Elena Alvarez, Maricopa County, Arizona, is the subject of a consent judgment that prohibits her from providing mortgage or other consumer loan modification services to Arizona consumers.
Seven defendants, including an attorney, have been indicted for allegedly defrauding over 3,500 victims to the tune of $13.5 million in the largest loan modification scheme ever prosecuted in the nation.
Kenneth Sandoval, 36, Dearborn, Michigan, owner of Nationwide Consulting, was sentenced to up to 20 years in prison after being convicted of one count of Conducting a Criminal Enterprise, a felony punishable by 20 years in prison, and two counts of Larceny by Conversion, $20,000 or more, a felony punishable by up to 10 years in prison. Sandoval defrauded approximately 84 victims out of $914,151.
Brian Kelly, 37, Forest Hill, Maryland man was sentenced to serve one year and a day in federal prison for defrauding thousands of homeowners in a $4 million nationwide home loan modification scheme wherein Kelly promised homeowners a guaranteed loan modification in exchange for $400-$2,000 in upfront costs.
Anna S. Lee, 54, Englewood Cliffs, New Jersey, and her daughter, Jennifer H. Lee, 25, New York City, New York, were arrested on Monday, April 14, 2014, in connection with an alleged real estate loan scam wherein the defendants fraudulently obtained over $300,000 in payments from victims for loan modifications services.
The Homeowner Legal Assistance Association (HLAA), a Florida corporation, has allegedly misled hundreds of distressed homeowners facing foreclosure in Hawaii by a loan modification program operated by HLAA for approximately 17 months in 2009 and 2010.
Sabah Kennawi, 50, East Hartford, Connecticut, was arrested and charged with larceny and forgery in connection with a scheme that cost homeowners seeking to modify their home mortgage loans thousands of dollars.
Anthony Carta, 53, Detroit, Michigan, has been charged with multiple crimes in connection to his formation of a faith based mortgage assistance scam.