Robert Alexander, 36, Phoenix, Arizona pleaded guilty for his role as a real estate agent representing buyers who purchased multiple homes with loan applications containing false information and concealing from the lenders “kick backs” to the buyers.
Continue Reading...Archives For November 30, 1999
Two residential real estate appraisers are among 14 defendants who allegedly engaged in three separate mortgage fraud schemes involving four homes. Federal agents posed as straw buyers of houses, seeking assistance in financing and closing fraudulent mortgage transactions.
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Micah Meyers, 32, Copiague, New York, was sentenced in Manhattan federal court to 60 months in prison for his role in a sub-prime mortgage fraud scheme involving dozens of residential mortgages that totaled more than $10 million. Meyers previously pled guilty to one count of conspiracy to commit bank and wire fraud on May 27, 2010. His sentence was imposed by United States District Judge Deborah A. Batts.
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27 South Florida residents have been indicted on charges stemming from their participation in a series of mortgage fraud schemes that resulted in more than $30 million in fraudulent loans.
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Chamethele McKinney, 36, Troy, Illinois, pled guilty to her role in a conspiracy to defraud the government and evade the payment of federal income taxes, along with mortgage fraud and food stamp fraud.
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Javier Siveroni, 48, Springfield, Virginia, pleaded guilty to using his position as a loan officer to help carry out a multi-million-dollar mortgage fraud scheme involving more than 15 homes in Northern Virginia.
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Howard R. Shmuckler, 67, Virginia Beach, Virginia, has been charged by a federal grand jury of running a fraudulent mortgage rescue business that received substantial fees but, in most cases, failed to modify clients’ mortgages.
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Michael A. Gmeinwieser, 38, Crofton, Maryland, pleaded guilty to wire fraud in a scheme to divert over $3 million in settlement funds intended to pay off the previous mortgage on the properties to himself and his company.
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John Siuszko, 55, Wharton, New Jersey, a second man admitted his role in a $40.8 million mortgage fraud conspiracy, serving as a straw buyer to cause a lender to release almost $980,000 based on a fraudulent mortgage loan application.
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Richard Pilewicz, 54, Scottsdale, Arizona, an unlicensed real estate agent, pleaded guilty to federal bribery charges for offering to pay thousands of dollars to an individual he believed was a Bank of America employee in exchange for shortened approval times and lower appraisal values in short-sale transactions.
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