James Fidel Sotolongo, 49, Port Orange, Florida, Stephanie Musselwhite, 52, Daytona Beach, Florida, and Christopher Mencis, 53, Longwood, Florida, were sentenced by United States District Court Judge John A. Jarvey for their respective roles in a mortgage fraud scheme wherein they ripped off $9.3M from JP Morgan Chase, $1.6M from Wells Fargo and $1.5M from Bank of America.
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Karl Oreste, 56, Miramar, Florida, was sentenced to 100 months imprisonment, to be followed by five years of supervised release, and ordered to pay $8,215,197.28 in restitution for his recruitment of straw buyers and other conduct in an $8,000,000 mortgage fraud scheme.
Five defendants were sentenced in January 2015, for their roles in a mortgage fraud scheme involving straw buyers, kickbacks and bank bribery. Of the 91 individuals charged in Operation Wax House, eighty-nine defendants have either pleaded guilty or have been convicted following trial. The two remaining defendants are international fugitives.
Julie L. Duffield, 45, Eureka, Montana, owner and operator of Professional Closing Company, pleaded guilty to conspiracy to commit mail and wire fraud concerning her role in an identity theft and straw buyer scheme.
Marie Lucie Tondreau, a/k/a Lucie Tondreau, 54, former North Miami Mayor, was convicted by federal jury after a 12 day trial for her recruitment of straw buyers and other conduct in an $8,000,000 mortgage fraud scheme.
John Wayne Perry, Jr., 33, Charlotte, North Carolina, pleaded guilty on Monday, December 1, 2014, for his role as a promoter in a $75 million mortgage fraud racketeering conspiracy.
This conviction is the latest in Operation Wax House, an investigation which began in 2007 and has netted 91 defendants to date. Eighty-nine defendants charged have either pleaded guilty or have been convicted following a trial. Two remaining defendants are international fugitives. Continue Reading…
Patrice Hairston, 52, Lawrenceville, Georgia, Bonnie Rose, 54, Jonesboro, Georgia, Sarah Hyldahl, 32, Marietta, Georgia, and Ronnika Allen, 30, Powder Springs, Georgia, have been sentenced for their roles in a scheme to defraud mortgage lenders of over $2 million in mortgage loans.
Sneha Ramesh Mohammadi, 52, Bakersfield, California, was sentenced by United States District Judge Lawrence J. O’Neill to 18 months in prison, to be followed by five years of supervised release, for her involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007.
Patrice Hairston, 52, Lawrenceville, Georgia, Bonnie Rose, 54, Jonesboro, Georgia, Sarah Hyldahl, 32, Marietta, Georgia, and Ronnika Allen, 30, Powder Springs, Georgia, have been sentenced for their roles in a scheme to defraud mortgage lenders of over $2 million in mortgage loans.
Antonio Pimenta, 46, Neshanic Station, New Jersey, has been indicted for his role in a $1 million mortgage fraud scheme, including an alleged bribe of a bank agent to approve a loan on a property that exploded hours before the closing.