Sean A. Souels, 44, Linden, New Jersey, a pastor of the now-defunct ReBirth International Church, Elizabeth, New Jersey, admitted to defrauding financial institutions as part of a $15 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos.
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Randall David Due, Pelham, Georgia, was found guilty by a federal jury in Omaha, Nebraska, of seven counts of conspiracy to file and filing false liens against two U.S. District Court judges, the U.S. Attorney for the District of Nebraska, two Assistant U.S. Attorneys and an Internal Revenue Service (IRS) special agent. Due filed a total of five $18 million false liens with the Washington County Register of Deeds Office.
Peter Allen, Southfield, Michigan, has been sentenced to 21 months in prison followed by two years of supervised release for his participation in a conspiracy to commit bank fraud wherein Allen and his co-conspirators defrauded National City Bank and Fannie Mae.
William Chrissikopoulos, 43, Las Vegas, Nevada; and Lynda Finch-Estrada, 54, Las Vegas, have been arrested on a warrant for various felony theft and fraud charges involving alleged operation of a mortgage lending fraud in Las Vegas.
Charles Head, 40, Pittsburgh, Pennsylvania, (formerly of Los Angeles and Orange County, California), was sentenced by United States District Judge Kimberly J. Mueller to 35 years in prison for his role in a scheme whereby victims were fraudulently led to complete transactions that substituted straw buyers for the victim homeowners on the titles of properties without the homeowners’ knowledge. .
Eliyahu Weinstein, 39, Lakewood, New Jersey, who was previously sentenced to 22 years in prison for running a real estate investment fraud scheme that caused $200 million in losses, admitted that he also defrauded investors in connection with the Facebook IPO and several additional real estate deals and then laundered the proceeds of the scheme.
Larry Fullenwider, 63, Belleville, New Jersey, admitted conspiring to defraud financial institutions as part of a $15 million mortgage fraud scheme that used phony documents and straw buyers to make illegal profits on overbuilt condos.
Richard Stromberg, 49, Bethel Park, Pennsylvania, the founder of a mortgage brokerage firm, pleaded guilty in federal court to a charge of conspiracy to commit wire fraud and bank fraud.
Fox17court GRAND RAPIDS, Mich. “” Six of seven defendants indicted in connection with a CDC Investments mortgage scheme were sentenced this week. U.S. Attorney Pat Miles along with U.S. District Judge J. Jonke
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Charlette Henderson, 42, and her son Lanikein Henderson, 25, both of Brandon, Mississippi, have been sentenced in Mobile County, Alabama, for residential mortgage fraud. Charlette received a 48 month suspended sentence, while her son received a 24 month suspended sentence. Each was ordered to pay $2,093.37 to AFC Mortgage, court costs, and $100 to Alabama Victims Crime Fund.