Ronald Vernon Cupp, Randall Gilbert Heyden and Angelle Wertz have been arrested and charged for their roles in an alleged mortgage fraud scheme targeting struggling Northern California homeowners.
Continue Reading...Archives For November 30, 1999
Philip Rucker, 39, Gary, Indiana, was sentenced to 30 months in prison for his role in a mortgage fraud scam involving loan application misrepresentations. Rucker was a recruiter in the scheme locating individuals to purchase real estate.
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Finlock Financial Group, LLC, is the subject of an order to immediately cease and desist from conducting unlicensed activities as a mortgage broker and lender without first obtaining a license or registering under the Mortgage Brokers, Lenders, and Servicers Licensing Act (MBLSLA).
Nine people involved in a long-running, large-scale mortgage fraud scheme that caused losses of approximately $10 million were charged in two complaints with conspiracy to commit bank fraud.
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10 individuals have been indicted on 44-counts for their alleged roles in a mail and wire fraud conspiracy involving timeshare mortgages.
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Arthur R. Seaborne, 70, Sarasota, Florida, was sentenced by U.S. District Judge Steven D. Merryday to 5 years in federal prison for conspiring to commit bank fraud in connection with his role in a residential loan program.
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Hoda Samuel, 60, Elk Grove, California, was found guilty of a conspiracy to commit mortgage fraud and of 30 individual counts of mail fraud after a 10 day jury trial.
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Joshua S. Goldberg was indicted by a federal grand jury on charges of conspiracy to commit and committing wire fraud in connection with a mortgage fraud scheme in which fraudulent loans were obtained on at least five properties.
Raquel DeJesus Martinez, Miami-Dade County, Arizona, who previously worked as a title agent, was sentenced by U.S. District Judge Donald M. Middlebrooks to 24 months in prison, to be followed by 3 years of supervised release, in connection with a scheme to commit mortgage fraud at The Jade apartment complex on Brickell Bay Drive in Miami.
Deborah L. Kistner, 50, and her husband, Mark A. Kistner, 52, both of Hilliard, Ohio, pleaded guilty three days after their trial started on a $7 million mortgage fraud scheme they carried out between June 2006 and July 2010.
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