Timothy McCabe, 47, and Theresa Morales, 48, Hypoluxo, Florida, have been indicted for bank fraud.
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Sonata Bastien a/k/a Sean Chase, 30, formerly of Boston, Massachusetts, has been charged with fraudulently offering real estate loans over the Internet, then failing to make the loans or refund the application fees.
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Donald M. Ramsey, 45, Alexandria, Virginia, a mortgage broker, pled guilty to a charge of conspiracy to commit bank and mail fraud for his part in a scheme that cost lenders more than $700,000.
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Steven Klebosits, 40, St. Charles, Illinois, Thomas Hyland, 40 Glen Ellyn, Illinois, Joseph Natalizio, 39, Bloomingdale, Illinois, Diomede Cardone, 32, Addison, Illinois, Jason Strever, 30, formerly of Sandwich, Illinois, Joseph Abate, 48, Downers Grove, Illinois, and Yusef Allan, 31, Chicago, Illinois were indicted for allegedly participating in a scheme to fraudulently obtain more than 20 residential mortgage loans totaling approximately $8.5 million from various lenders.
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Mitchell Cohen, 54, Old Westbury, New York and Erin Davis, 43, Yonkers, New York, the owner and a sales manager, respectively, of Buy-A-Home, a real estate brokerage business, have been indicted for participating in a $7.5 million mortgage fraud scheme.
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Jesus Sira, 32, Nestor Urdaneta, 29, Maria Urdaneta, 32, and Vanessa Urdaneta, 28, Florida, have been indicted on one count of conspiracy to commit mail and wire fraud in relation to a mortgage fraud scheme.
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Bradford J. Rieger, 56, Woodbridge, Connecticut waived his right to indictment and pleaded guilty to one count of conspiracy to commit mail fraud, wire fraud and bank fraud. The charge stems from Rieger’s role as a closing attorney in a multimillion dollar mortgage fraud scheme in New Haven, Connecticut.
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Kevin Grady Sr., 48, Grand Rapids, Michigan, was sentenced for wire fraud, bank fraud and making false statements to the FBI and Edward Hessie Sumrell, 55, Grand Rapids, Michigan, was sentenced for making a false statement to the FBI, both in connection with a mortgage fraud scam.
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Jason Dade, 37, Chicago, Illinois, a licensed real estate agent and the owner of Round Table Enterprises, Inc., Cheryl Ware, 47, Shorewood, Illinois, a licensed loan originator, Tiffini Chism, 36, Glenwood, Illinois, also a licensed loan originator, and Tamika Peters, 34, Country Club Hills, Illinois were indicted for allegedly participating in a scheme to fraudulently obtain at least 42 residential mortgage loans totaling approximately $9.1 million from various lenders.
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Paulo Montenegro, 45, and his wife, Rosana Pereira, 48, Weston, Massachusetts, have been sentenced in connection with fraudulently obtaining tens of thousands of dollars in Section 8 public housing subsidies and defrauding mortgage lenders.
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