Anthony Onua, 44, a Brooklyn, New York lawyer, pleaded guilty to Count 1 of the Indictment admitting his role in a mortgage fraud scheme using straw borrowers and inflated appraisals to defraud lenders. The Court accepted Onua‘s guilty plea and set sentencing for February 4, 2011 at 11:30 AM before Senior Judge I. Leo Glasser.
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Laura S. Lassiter, 53, Pataskala, Ohio, was sentenced to 24 months imprisonment for preparing fraudulent loan documents as part of a mortgage fraud scheme that she was involved with between November 2005 and May 2007. In addition, Lassiter was ordered to serves five years of supervised release following her term of imprisonment, as well as to pay $1,160,301.27 in restitution
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Kenneth Steward, 44, South Holland, Illinois, was arrested on federal charges alleging that he and six co-defendants participated in a $35 million mortgage fraud scheme involving more than 120 residential properties located primarily on the city’s south side. Steward who bought and sold homes and recruited others to act as residential purchasers, and his co-defendants allegedly
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Shamika M. Coleman, 33, Swansea, Illinois, was indicted for making a false statement on a loan or credit application, making a false statement during a renewal application for federal food stamp benefits, and making a false statement during a renewal for federal housing benefits.
The indictment alleges that Shamika M. Coleman under reported her income and bank deposits
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Darrell Lynn Marriott, 57, Gun Barrel City, Texas, the fourth member of a multi-county mortgage fraud scheme pleaded guilty to a first-degree felony for his role in a multimillion dollar enterprise that defrauded government-backed mortgages. Marriott was sentenced in Navarro County District Court to 28 years in prison for securing the execution of a document by deception.
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Timothy Reed, 45, Beltsville, Maryland, was sentenced to 51 months in prison followed by five years of supervised release for mail fraud arising from the fraudulent purchase of 25 properties in Maryland, the District of Columbia and Continue Reading...
John L. Chaffo, Jr., 50, Murrysville, Pennsylvania has been found guilty of two counts of Wire Fraud Conspiracy and nine counts of Wire Fraud in connection with a mortgage fraud scheme.
As previously reported on Mortgage Fraud Blog and the evidence presented at trial established that Continue Reading...
Eric Koppelman, 49, Hauppauge, New York, a former title closer, was sentenced to four years in prison for his role in a scheme to steal over $6 million in proceeds of home mortgage loans. The stolen funds were intended to be used to pay off existing mortgages on the properties.
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Donna Larson, 52, Marshfield, Massachusetts has been indicted in connection with allegedly trying to delay or avoid foreclosure of a home mortgage by falsely reporting the death of a child to her mortgage company, and thereafter knowingly falsifying information in an affidavit filed in Brockton, Massachusetts Superior Court.
In September 2008, the Attorney General’s Office began an investigation after Continue Reading...
Operation Stolen Dreams, which targeted mortgage fraudsters in the Eastern District of Texas and throughout the country is the largest collective enforcement effort ever brought to bear in confronting mortgage fraud.
George M. Baehr, Jr., 35, Dallas, Texas pleaded guilty to an Information on June 16, 2010, charging him with mail fraud. Baehr entered his plea before U.S.
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