Fannie Mae (FNMA/OTC) opened an extension of its Los Angeles, California, Mortgage Help Center in the Inland Empire region to provide free education and counseling services to struggling California homeowners.
Archives For November 30, 1999
Kenneth Powell, 59, a former resident of Thousand Oaks, California, was sentenced by Ventura County Superior Court Judge Kevin McGee to serve 18 years in state prison for his role in a real estate investment fraud scheme.
Kevin E. Murphy, 51, Columbus, Ohio, pleaded guilty to a multi-million dollar mortgage fraud scheme as a jury was being selected for the trial.
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Sunti Shah, 51, and Supriti Soni, 52, two sisters, were sentenced Friday, July 27, 2012, for conspiring with two other family members to commit over $16 million in real estate fraud by forging documents and purchasing homes using straw buyers.
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Matthew Burstein, 40, and Aaron Rabinowitz, 40, both New York attorneys, were convicted by a federal jury on ten felony counts for participating in a mortgage fraud scheme that resulted in over $25 million in fraudulently-obtained loans.
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At the request of the Federal Trade Commission, a U.S. district court has halted a nationwide scam operating from the Dominican Republic ““ but pretending to be in Chicago ““ that allegedly peddled fake mortgage assistance relief to financially distressed Spanish-speaking homeowners in the United States.
Gerardo Wilhelm, Miami, Florida, Juan J. Flores, Ocala, Florida, and Alejandro Figueredo, Miami, for their participation in a townhouse arson, mortgage fraud and insurance fraud scheme that resulted in losses of more than $500,000.
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Clint Bryson Rogers, 38, Scottsdale, Arizona, was sentenced on July 25, 2012, by U.S. District Judge Paul G. Rosenblatt to five years in federal prison for his role in a mortgage fraud conspiracy.
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Carline M. Charles, 41, Silver Spring, Maryland, who operated a business that supposedly would rescue distressed homeowners from foreclosure, pled guilty to conspiracy to commit bank fraud for her role in a mortgage fraud scheme that cost lenders at least $1 million.
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Thomas Joseph O’Meara, III, 65, Palm Desert, California, a former Carmel, Calif., real estate developer pleaded guilty to wire fraud and money laundering arising out of his golf course investment fraud scheme in which he defrauded more than 50 victims.
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