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A wanted fugitive was arrested late Saturday night in Kaimuki.
Jennifer McTigue was wanted by the FBI after she failed to appear in court and didn’t respond to calls.
Agents from the FBI, along with U.S. Marshals and Honolulu Police converged on a Pukalani Place residence off Wilhemina Rise late Saturday night and took McTigue into custody.
After several delays, Fredericksburg-area real estate investor James Ashby Moncure is scheduled to be sentenced Monday in federal court for wire fraud and illegal monetary transactions.
Prosecutors want the 42-year-old father of two to serve more than seven years in federal prison and pay $8.2 million in restitution, according to documents in U.S. District Court in Richmond.
Imagine that you are one of the hundreds of thousands of New Yorkers at risk of losing your home. You’ve fallen behind on mortgage payments, and — the home that you worked hard to buy for your family is suddenly in jeopardy.
One day, you get a call from a company offering the help you so desperately need. A soothing voice on the other end of the phone line promises that you will be able to save your home. Desperate for any solution, you arrange a monthly payment plan, relieved that your nightmare is finally coming to an end.
He was convicted of hijacking a home – and now the I-Team has learned the same man is being accused in another real estate scheme known as “deed shifting.”
It involves a program in which people can rent-to-own a home – a less expensive way to achieve the American Dream. But one homeowner discovered that a house he paid for was never really his.
A federal trial began Wednesday for a married couple accused of orchestrating a $300 million fraud involving thousands of investors who were promised big profits by purchasing dilapidated properties in the Florida Keys and elsewhere that would be transformed into luxurious resorts.
Instead, prosecutors say Fred Davis “Dave” Clark Jr., former president of now-defunct Cay Clubs Resorts and Marinas, and Cristal Clark, a top sales agent, defrauded banks and about 1,400 individual investors through a series of misleading marketing materials and false statements. The investors in some cases were promised quick returns of 15 to 20 percent, according to court documents.
The FBI and U.S. Marshals are searching for a Honolulu woman who was indicted by a federal grand jury on criminal charges related to an alleged $3 million scheme to defraud homeowners, title companies and banks in a real estate scam.
Jennifer Ann McTigue, formerly Jennifer Lowe, has not been seen since June 30. Officials say there is no record of her leaving Oahu on a commercial flight and she is suspected of hiding in Hawaii.
A former national radio host found guilty of mortgage fraud last year left a federal courthouse Tuesday appearing grateful after being sentenced to probation instead of prison time.
Prosecutors have said Warren Ballentine, 44, formerly of Country Club Hills, acted as the real estate lawyer at closings involving more than two dozen fraudulent loans that bilked lenders out of almost $10 million. A jury in October found him guilty of six counts of mail, wire and bank fraud as well as making false statements to financial institutions.
For a mortgage fraud scheme that he said tore his family apart, a Rossford man was sentenced Tuesday to 46 months in prison.
Herman “Wayne” Bradley, 59, also was ordered by U.S. District Judge Jack Zouhary to pay a $10,000 fine and forfeit more than $2 million in cash seized in 2011 from a safe at his Glenwood Road home. The money will be used to pay more than $1 million in restitution to the Internal Revenue Service and banks that incurred losses resulting from the scheme.
Restitution checks that will collectively total $820,000 will be mailed to 121 victims, among them some from the Inland area, of a foreclosure avoidance scheme that put William Hutchings and nine others behind bars, San Diego County prosecutors say.
The case, prosecuted in 2009, had Hutchings and others convincing people who wanted to avoid foreclosure to turn over grant deeds to their homes in Riverside and San Diego counties. Most of the victims spoke little English.
According to the Nashville Post, a Nashville company specializing in the acquisition of distressed properties is facing allegations it used forgery and fraud in a massive scheme to purchase tax-sale properties for pennies on the dollar.
A 133-page complaint filed last week in Davidson County Chancery Court details the alleged scheme perpetuated by REO Holdings LLC and its principals Charles E. Walker, Jon Paul Johnson, Julie Coone and Merdan Ibrahim.