A federal grand jury has charged a title agent, Deborah Kistner, her husband Mark Kistner, an employee Philip Ennis, and an associate Jaime Smith, with devising a scheme to defraud at least four lending institutions out of approximately $7,092,300 in mortgage loans between April 2006 and April 2008.
Continue Reading...Archives For November 30, 1999
Genaro R. Hathaway, 47, Weston, Connecticut, was sentenced by United States District Judge Mark R. Kravitz in New Haven to 33 months of imprisonment, followed by three years of supervised release, for participating in two mortgage fraud conspiracies.
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William A. Turner, 46, Dayton, pleaded guilty in U.S. District Court to one count of conspiracy to commit money laundering as part of his role in a $5.6 million mortgage fraud scheme.
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A joint investigation alliance designed to assist homeowners who have been harmed by misconduct and fraud in the mortgage industry has been entered into between California and Nevada.
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Bobby Threlkeld Jr, Mobile, Alabama, a real estate investor, has agreed to plead guilty for his role in a conspiracy to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama.
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Dwayne Charles Holcombe, 50, a former vice president at a northwest Alabama bank, was sentenced to two years and five months in prison for fraud that cost a small, locally owned bank more than $1.4 million in noncollectable loans over six years.
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Debbie Sferrazza, 47, West Chester, Ohio, was sentenced to a total of 46 months in prison followed by 10 years of supervised release. She is one of six family members and one employee that have been sentenced in U.S. District Court for a mortgage fraud scheme involving nine properties bought and sold for their own use between 2004 and 2009.
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Robert G. Cusic Jr., Millstone, N.J., a New Jersey mortgage broker, admitted in federal court that he conspired with a New Jersey attorney and others to extort victims out of money and real property by falsely stating they were the subjects of criminal investigations.
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John Marcus Desenberg, 44, formerly of Newbury Park, California, was arrested by FBI agents in Southern California for his alleged role in a foreclosure rescue scheme. On November 17, 2011, Desenberg was charged in a 10-count indictment alleging mail fraud.
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Charges were filed in U.S. District Court for the Northern District of California in San Francisco against eight Northern California real estate investors. Each has agreed to plead guilty for their roles in two separate conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.
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