Tarl Brandon, 46, Las Vegas, Nevada, who recruited straw buyers and used fictitious identities to purchase more than 20 houses in the Las Vegas area in order to obtain millions of dollars of cash from the loan proceeds, was convicted by a jury of conspiracy and fraud charges.
Archives For Nevada
Brett Depue, 38, Gilbert, Arizona, following a seven-day jury trial, was convicted of conspiracy and wire fraud charges for his involvement in a mortgage fraud scheme involving straw buyers and false mortgage loan applications.
Â
Continue Reading...
Lender Processing Services, Inc., a company which provides integrated technology, data, and analytics to the mortgage and real estate industries, responded to the civil complaint filed by the Nevada Attorney General against the company in December 2011, by filing a Motion to Dismiss.
Continue Reading...
A joint investigation alliance designed to assist homeowners who have been harmed by misconduct and fraud in the mortgage industry has been entered into between California and Nevada.
Continue Reading...
Steven Patrick Nohrden, 36, Las Vegas, Nevada, was arrested for a scam that involved taking over vacant homes he did not own and renting them out to unsuspecting individuals. The true home owners eventually discovered that these individuals were living in their home without their consent.
Continue Reading...
Shafik Hirji, 53, Las Vegas, Nevada, who unlawfully obtained financing on the home of one of his acquaintances, was indicted on three counts of forgery and one count of theft for obtaining the loan on the victim’s home and embezzling the proceeds.
Continue Reading...
Cedric Nelson, 51, Las Vegas, Nevada, who owns and operates an accounting company, was arrested on mortgage fraud charges and is scheduled to appear in federal court for an arraignment.
Nelson is charged in a criminal indictment with two counts of wire fraud. The indictment was returned by the federal grand jury on May 25, 2011, and unsealed following his arrest.
Continue Reading...
George Eggleston, 65, Las Vegas, Nevada, was sentenced by United States District Judge Lawrence J. O’Neill to six years and nine months in prison, to be followed by three years of supervised release. Eggleston had previously pleaded guilty to charges he committed mortgage fraud and had operated a mortgage foreclosure rescue scheme to defraud homeowners facing foreclosure. The court
Continue Reading...
Shafik Hirji was arrested on charges of theft in excess of $2,500 – a class B felony, and three counts of Uttering Forged Instruments – class D felonies. The arrest was made in connection with Hirji‘s alleged theft of home equity in connection with a mortgage loan.
The Office of the Nevada Attorney General announced the arrest.
“This incident is yet one more
Continue Reading...
Alex P. Soria, 64, Las Vegas, Nevada, was indicted on Wednesday, April 20, 2011, by a federal grand jury on charges that he defrauded distressed homeowners in Las Vegas who were attempting to refinance or adjust their home mortgages. The Defendant was charged with six counts of wire fraud, three counts of mail fraud, one count of concealment of information from the
Continue Reading...