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Klary Arcentales, 44, Lyndhurst, New Jersey, was indicted for her role in a long-running, large-scale mortgage fraud scheme that caused millions of dollars in losses.

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Pamela Black, 65, a mortgage loan officer, also pleaded guilty to one count of conspiracy to commit bank, mail and wire fraud. She was sentenced last year to time served and three years of supervised release,…

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A 52-year-old Escondido woman has been sentenced to more than five years in prison for bank and tax fraud tied to an eight-year real estate scam, authorities said. A U.S. District judge in Los Angeles on…

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azcentral.comJerry Craig Sr., the former owner of Phoenix-based Spectrum Financial, has pleaded guilty to one count of conspiracy to commit wire fraud for residential deals involving mortgage fraud, straw…

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PR Web (press release)In an effort to combat mortgage fraud and promote open government, Macomb County, Mich. recently made close to two hundred years of digitized land records more searchable for residents,…

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Chantal M. Lanton, 37, Orlando, Florida, pled guilty to two counts of making false statements to a bank in connection with her application for a residential loan and mortgage.

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Robert Coyle, Sr., 68, Glassboro, New Jersey, was sentenced to 72 months in prison for a loan fraud scheme that attempted to swindle more than $10 million from three banks. He pleaded guilty to two counts of loan fraud on October 1, 2012.

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Mary Brainard, 60, Seneca Falls, New York, pleaded guilty before U.S. District Judge Frank P. Geraci to wire fraud affecting a financial institution. The charge carries a maximum penalty of 30 years in prison, a fine of $1,000,000, or both.

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Jeffrey Sprague, 50, Bend, Oregon, appeared before Chief U.S. District Court Judge Ann Aiken and pleaded guilty to conspiracy to make false statements to a financial institution, to commit wire fraud, and to commit bank fraud. The charge arose out of the collapse of Desert Sun Development (DSD), a development and construction company in Bend, Oregon.

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Jason Sterlino, 34, Hercules, California, pleaded guilty in federal court in San Francisco, California, to paying bribes to a bank official in order to procure residential mortgage loans.

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