Probe continues on Cloud 9 Sky Flats fraud, but US attorney’s office won’t say whether developer Jerry Trooien is a target. The Cloud 9 Sky Flats building off Smetana drive in Minnetonka. A deepening mortgage f

The sledgehammer we have been taking to the housing market to prevent mortgage fraud needs to be replaced with a scalpel because the former approach is depressing the recovery of the housing market. First, in c

An Edina mortgage broker was charged Friday for his role in a $20 million mortgage fraud scheme that involved 57 properties. Derrick Lance, 40 years old, was charged in federal court with one count of conspirac

The checks totaled approximately $442089 and represented a portion of the illicit proceeds obtained through the mortgage fraud scheme. On one occasion, Isgar wired approximately $81000 back to Vincent Aldridge&

YOUNGSTOWN, Ohio — A Georgia man at the heart of a $7.5 million mortgage-fraud scheme perpetrated in the Mahoning Valley was sentenced to more than five years in federal prison, the government announced Thursd

In pleading guilty, Antar also admitted that he committed mortgage fraud with respect to another 10 properties in the greater New Haven area from March 2005 to November 2006. By making, or causing to be made, m

Modesto BeeBy Democrat staff Seven real estate professionals, including one from Woodland, have been indicted for mortgage fraud in a scheme causing losses of more than $4 million. US Attorney Benjamin B. Wagne

A federal judge handed down the strictest sentences yet Thursday in Operation Wax House, one of the biggest mortgage fraud investigations ever in the Charlotte area. US District Judge Max Cogburn Jr. ordered mo

Berenice Quirino/Staff photo – A total of 47 houses in McKinney and surrounding cities are involved in a mortgage scam. By Danny Gallagher, dgallagher@acnpapers.com MCKINNEY – A federal mortgage scheme that net

John C. Lucidi, Jr. was involved in a multi-million dollar mortgage fraud scheme while working as a mortgage broker in Newtown Square. By Jennifer Kim PHILADELPHIA—The Federal Bureau of Investigation (F