William Barksdale, 47, Burlington, New Jersey, a real estate consultant, was sentenced to 20 months in prison for helping five people defraud banks by obtaining multiple home equity loans on the same property.
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Andrew Lucas, 36, the former mayor of Manalapan, New Jersey, was arrested on charges that he submitted falsified 2007 and 2008 tax returns in order to purchase a farm property in Manalapan and that he provided federal investigators and a federal grand jury with a fabricated document in 2013.
Michael Rumore, 55, Toms River, New Jersey, and Kenneth Jones, 64, Elizabeth, New Jersey, an attorney and a tax preparer, respectively, admitted their roles in a long-running, large-scale mortgage fraud that caused losses of more than $30 million.
Linda Yarleque, 44, and her husband, Fabio Moreno Vargas, 46, Westwood, New Jersey, were both convicted of one count each of bank fraud and conspiracy to commit wire fraud.
Teresa Giudice, 41, and her husband, Giuseppe “Joe” Giudice, 43, both of Towaco, New Jersey, two of the stars of the Bravo television show “The Real Housewives of New Jersey” were indicted on additional charges of bank fraud and loan application fraud.
Stephanie Hand, 49, Livingston, New Jersey, a lawyer, Julio Concepcion, 48, Passaic, New Jersey, and Thomas D’Anna, 38, Saddle Brook, New Jersey, were indicted on charges that they conspired to steal approximately $873,520 from a lender by using stolen identities to file fraudulent mortgage loan applications for two real estate transactions, falsifying settlement statements and diverting loan proceeds.
Lester Soto, 57, Freehold, New Jersey, owner of a mortgage company that was responsible for a long-running, large-scale mortgage fraud that caused losses of more than $30 million admitted his role in the scheme.
C. Tate George, 45, Newark, New Jersey, former NBA basketball player and the CEO of purported real estate development firm The George Group, was convicted on all counts on which he was indicted in connection with his role in orchestrating a $2 million investment fraud scheme.
Michelle Martinez, 49, Brick, New Jersey, loan officer, and Dana Rummerfield, 47, Los Angeles, California, straw purchaser, admitted they conspired to defraud financial institutions as part of a multi-million-dollar mortgage fraud scam to make illegal profits on over-developed condominiums in the Wildwood, New Jersey area. Continue Reading…
John Parisi, 52, Atlantic City, New Jersey, admitted he conspired to defraud FirstPlus Financial Group Inc. (FPFG), a Texas-based financial services company allegedly targeted for extortionate takeover and looting by a group led by alleged Lucchese organized crime family member Nicodemo S. Scarfo.