The defendants swindled others to collect millions of dollars in proceeds from mortgage loans…
Continue Reading...Archives For November 30, 1999
Federal prosecutors are seeking a life sentence for the man convicted of orchestrating a $3-billion fraud while running what had been one of America’s largest private mortgage companies.
Continue Reading...Richard Lawrence Veazey, whose exaggerated appraisals justified outsized mortgages throughout the Pittsburgh area, pleaded guilty to wire fraud…just days after being sentenced on drug charges.
Continue Reading...Victims applauded as a Pennsylvania man was sentence to over 13 years in prison for tricking homeowners into turning their houses over to him then evicting them.
Continue Reading...Besides Adams and his recently apprehended associate Rich Bobka — considered the architects of the alleged $47 million mortgage fraud conspiracy — Rotolo and Glucker are the most important participants.
Continue Reading...Kuchmiyov was able to qualify for his bank loans by lying about his income, falsely claiming he was a U.S. citizen and failing to disclose his ownership in both properties.
Continue Reading...Kissick, a popular community figure and youth-sports leader in Orlando, said she had gotten caught up in the scheme by Taylor Bean Chief Executive Officer Lee B. Farkas.
Continue Reading...A San Diego man…has been sentenced to 30 months in federal prison and ordered to pay $460,000 for defrauding desperate homeowners who were trying to modify their home mortgages.
Continue Reading...“He was the leader, the kingpin who orchestrated the whole thing,” the court said.
Continue Reading...Two Jersey City firefighters are among six people arrested in connection to an alleged $2 million mortgage fraud scheme that operated with the help of two Bank of America employees…
Continue Reading...





