Charges have been unsealed against 41 defendants, in eight separate cases, for allegedly engaging in various mortgage fraud scams that collectively defrauded lenders out of more than $64 million in home mortgage loans on more than 100 properties across New York State. Among those charged are six lawyers, seven loan officers, three mortgage brokers, an accountant, and a residential property appraiser.

As part of the coordinated takedown

Sabrina Weinberg, 44, Bethesda, Maryland, was sentenced by U.S. District Judge J. Frederick Motz to two years in prison followed by three years of supervised release for mail fraud arising from a multi-million dollar mail fraud scheme to purchase numerous properties in Maryland, Virginia and Washington, DC, using fraudulent

A seven-count Indictment has been unsealed charging 12 individuals-including mortgage brokers, loan officers, and attorneys-with engaging in a scheme to defraud various lending institutions by using fictitious identities and documents to obtain more than $9 million in residential mortgages. All 12 defendants have been arrested and are expected to be presented in federal court.

The defendants are alleged in the Indictment to have played the following roles in the mortgage fraud

Osman Sharrieff Al-Bari, 35, Washington, D.C., was sentenced by U.S. District Judge J. Frederick Motz to 78 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...