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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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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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...
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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A federal indictment in the Western District of North Carolina has charged ten individuals with various criminal counts including mortgage fraud conspiracy and bank bribery conspiracy has been unsealed upon the arrests of most of the defendants.
Drew Sharreff-El, A/K/A “Mack Ahizi”, 46, Charlotte, North Carolina, has been charged with one count alleging mortgage fraud
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Angela R. Clark, 41, Lee’s Summit, Missouri, a former real estate agent pleaded guilty in federal court to her role in a $12.6 million mortgage fraud conspiracy that involved 25 upscale residential properties in Lee’s Summit, Missouri, and Raymore, Missouri.
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Ruben Rojas, 30, Vienna, Virginia, was sentenced to 60 months in prison, followed by five years of supervised release, for leading a mortgage fraud scheme that caused more than $9 million in losses. Rojas was also ordered to pay restitution in the amount of $9.5 million. A lawful permanent resident from Bolivia, Rojas will
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Mark J. Moncher, 53, Orlando, Florida, has been sentenced to 57 months in federal prison for conspiracy to commit mail and wire fraud in connection with a mortgage fraud scheme. The court also ordered Moncher to pay more than $1.9 million in restitution. Moncher had pleaded guilty on December 29, 2009.
According to court
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Gerald James Greenfield, 64, Bloomington, Minnesota, was charged with one count of conspiracy to commit mortgage fraud through the use of wires, four counts of mortgage fraud by means of interstate wire, one count of conspiracy to commit concealment money laundering, and one count of engaging in a monetary transaction with criminally derived property. Nicholas Ryan Delon
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Felix Pichardo, 27, Lancaster, California was sentenced to eight years in federal prison and ordered to pay restitution of $777,000 in relation to a mortgage fraud scheme in which he “purchased” homes in Altadena and Riverside, California. Pichardo pleaded
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