Andrew Hamilton Williams, Jr., 61, Hollywood, Florida, was sentenced by U.S. District Judge Roger W. Titus to 150 years in prison followed by three years of supervised release for his participation in a massive mortgage fraud scheme which promised to pay off homeowners’ mortgages on their “Dream Homes,” but left them to fend for themselves.
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James Kevin Hughes, 53, Crownsville, Maryland, was sentenced by U.S. District Judge William N. Nickerson to 18 months in prison followed by three years of supervised release for wire fraud arising from a scheme to defraud lenders and a title insurance company of approximately $3.1 million.
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Kesha Danine Fortune Haynie, 41, Chico, California, was convicted after a six day jury trial of two counts of mail fraud in connection with a mortgage fraud scheme.
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Michael Staaf, 42, New Brighton, Pennsylvania, has been sentenced by United States District Judge David S. Cercone to 10 years of imprisonment and five years of supervised release for his role in a large-scale mortgage fraud and money laundering scheme.
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Randy Alan Carpenter, 54, Spruce Pine, North Carolina, was indicted by a federal grand jury for operating a scheme to defraud federally insured banks and individual investors out of over $82 million in residential mortgage loan proceeds.
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Joseph Duane Gustafson Jr., 37, was convicted by a jury of racketeering in the Beat Down Posse case. The charges included terroristic threats, kidnapping and multiple counts of mortgage fraud, drug trafficking and unlawful possession of a firearm.
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Bella Homes LLC was sued in a civil action for orchestrating a foreclosure rescue scheme, which has ended in a Consent Judgment and signals the end of a national foreclosure rescue scheme.
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Shawna Lea Pennington, 40, Caldwell, Idaho, pleaded guilty in U.S. District Court to bank fraud and bankruptcy fraud for making misrepresentations in a loan application and for failing to disclose creditors in her bankruptcy proceeding.
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Anthony J. DeMarco, III, 33, Conshohocken, Pennsylvania, pleaded guilty to conspiracy and fraud charges in connection with a mortgage fraud scheme involving more than $30 million in loans.
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Terry Scott Hyder, 51, Orlando, Florida, was sentenced by U.S. District Judge Martin Reidinger to serve seven years in a federal prison for defrauding eldery investors by advising them to invest in “real estate trusts.”
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