Peter Allen, Suhail Hallak, Al Karana, Joey Murad, Jason Najor, Jeffrey Najor, and Wasseem Shamoun have been indicted and charged with conspiracy to commit bank fraud, numerous counts of bank fraud, and other fraud charges.
Archives For November 30, 1999
Sidney L. Hall, 63, Atlanta, Georgia, and formerly of Albany, Georgia, was sentenced by United States District Court Judge, W. Louis Sands to 48 months in prison.
Mark R. Dain, 33, Fairfax, Virginia, pleaded guilty to conspiracy to commit bank fraud and admitted responsibility for fraudulent loan applications involving 22 different properties, which resulted in more than $7 million in losses to various federally insured financial institutions.
David L. Sturgeon, 63, Cordell, Oklahoma, was sentenced by United States District Judge Joe Heaton to serve 12 months and one day in federal prison for making false statements to defraud the Bank of Cordell.
Eimbari Kemet, 48, Roseville, California, wanted for real estate fraud in California, has been extradited from Georgia to face charges.
Kimberly Eileen McMillian, a/k/a Kimberly Simmons and Kimberly Simmons McMillian, 46, Baltimore, Maryland, and Glenroy E. Day, Sr., 73, Oxon Hill, Maryland, pleaded guilty to wire fraud in connection with a fraud scheme involving more than $1 million in fraudulently obtained mortgages.
Edgar Galdamez, 36, Rockville, Maryland, pleaded guilty to wire fraud in connection with a mortgage fraud scheme which resulted in losses of over $515,000.
Michelle V. Mallard, 46, Charlotte, North Carolina, a former lawyer, pleaded guilty mid-trial on Wednesday, July 10, 2013, to mortgage fraud-related charges.
Rhonda Scott, 52, Oxon Hill, Maryland, pleaded guilty before U.S. District Judge James K. Bredar to conspiring to commit wire fraud in connection with two separate mortgage fraud schemes that resulted in losses of over $2,500,000.
A new real estate scam involves real estate that is posted via classified advertisement websites. The scammer duplicates postings from legitimate real estate websites and reposts these ads, after altering them. Often, the scammers use the broker’s real name to create a fake e-mail, which gives the fraud more legitimacy.