Michael Wilkerson, 47, Pottstown, Pennsylvania, was sentenced yesterday to 170 months in prison and ordered to pay $1,353,111.93 in restitution for a mortgage fraud scheme. Wilkerson and his co-defendants defrauded JPMorgan Chase Bank N.A. by fraudulently obtaining home loans valued at more than $6 million for properties located in Schwenksville and Glenmoore, Montgomery County, Pennsylvania.
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Maria DeJesus-Guzman, 36, Philadelphia, Pennsylvania, was charged in a four count indictment with loan application fraud, passport fraud, falsely representing to be a United States citizen, and aggravated identity theft.
Michael Ghabrial, 49, Martinsville, New Jersey, was charged by Information with one count of bank bribery.
Joel Tillett, 36, Whitehall, Pennsylvania, was sentenced to four years in prison and ordered to pay restitution of $979,562.20 in connection with a mortgage fraud conspiracy.
Charles Christopher Head, 36, Pittsburg, Pennsylvania, two weeks after being convicted at trial in Sacramento in a huge mortgage fraud case, was arrested in Pennsylvania and charged with a new crime. Head and three others were arrested by detectives from the Moon Township Police on Wednesday, June 12, 2013 during a prostitution sting at an airport area hotel.
Timothy D. Burns, 33, Phoenixville, Pennsylvania, was charged by Information in a $20 million fraud scheme that involved mail fraud, wire fraud and loan fraud.
Bonnie M. Gardner, 55, Apollo, Pennsylvania, pleaded guilty in federal court to a charge of mail and wire fraud conspiracy.
Robert Coyle, Sr., 68, Glassboro, New Jersey, was sentenced to 72 months in prison for a loan fraud scheme that attempted to swindle more than $10 million from three banks. He pleaded guilty to two counts of loan fraud on October 1, 2012.
Jeffrey Garbinski, 44, Butler, Pennsylvania, pleaded guilty in federal court to charges of conspiracy and money laundering in connection with siphoning money from real estate closings intended to pay off mortgages.
A 34-count indictment was unsealed charging five people with various crimes stemming from their participation in a mortgage fraud scheme between May 2004 and February 2009 that involved fraudulent documents, inflated purchase prices on loan documents for more than 100 Philadelphia properties and resulted in more than $20 million in fraudulent loan proceeds.