He operated the scheme through Platinum Mortgage, DBA Platinum Mortgage, Edison Mortgage, Prime Real Estate and other companies. Between 2003 and 2006, he used fraudulent appraisals, false information on loan…

Kerley and Whaley are accused of plotting with Sevier County developer Kenneth Lee and mortgage broker Mary Bivens in a scheme designed to skim off equity milk from fraudulent loans that left…

Thomson Reuters News & Insight New York lawyer suspended for failing to stop mortgage fraud Thomson Reuters News & Insight Kontogiannis pleaded guilty in October 2010 to conspiring to commit bank and wire…

Housing Wire Florida accounted for more of those reports than any state but California and was the source of one in every 10 cases of suspected mortgage fraud. In 2002, the Financial Crimes Enforcement Network…

Bay Net Mortgage fraud is every bit as corrosive to society as street crime,” stated Eric Hylton, Acting Special Agent in Charge, IRS-Criminal Investigation, Washington DC Field Office.

WPROPROVIDENCE, RI A disbarred Rhode Island attorney has been sentenced to federal prison for his role in a $1.1 million mortgage fraud scheme. Federal prosecutors said Tuesday that 66-year-old James…

A former mortgage company executive convicted of orchestrating a nearly $3 billion fraud scheme is asking a federal appeals panel to reverse his conviction and send his case back to a lower court. Attorneys for…

Michael Pahutski, who was sentenced last year to 19 years in prison one of the longest sentences ever in the Charlotte area for crimes related to mortgage fraud filed a motion Tuesday asking…

Housing Wire By Kerri Panchuk Potential mortgage fraud reports recorded in 2010 and 2011 accounted for 37% of all suspicious mortgage-related activity filings in the past decade, the Treasury department’s…

Michael Prieskorn is indicted for allegedly running one of the largest mortgage fraud schemes in state history reversed his earlier plea 3/23 Tuesday and admitted to two of the 27 charges against him in federal…