Rasheeda M. Canty, 38, Upper Marlboro, Maryland, a former mortgage broker, has been sentenced to a one-year prison term for her role in an extensive mortgage fraud scheme involving properties in the District of Columbia and Maryland.
Â
Continue Reading...
Donald MacPherson, one of the prime architects of a massive mortgage fraud involving mostly Hamptons, New York, properties, was sentenced to four to 12 years in prison in Suffolk County court, New York.
Â
Continue Reading...
Ray D. Gata, 56, Chesapeake, Virginia, pleaded guilty in Norfolk, Virginia, federal court to conspiracy to commit wire fraud in connection with a fraudulent foreclosure rescue scheme.
Continue Reading...
Robert J. Congdon, 61, Polson, Montana, d/b/a Cornerstone Financial, Inc., and K&B Investments, LLC., pled guilty during a federal court session in Missoula, Montana, to defrauding hard money borrowers.
Â
Continue Reading...
Wiley C. Chandler, a real estate investor, pleaded guilty in U.S. District Court in Sacramento, California, to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, California.
Â
Continue Reading...
Tyler Fitzsimons, 33, appeared before U.S. District Judge Michael R. Hogan and pleaded guilty to a variety of mortgage and loan fraud charges arising out of the collapse of his company, Desert Sun Development (DSD).
Kevin Lee Grady Sr., 47, Grand Rapids, Michigan, was found guilty on all counts for conspiracy to commit wire fraud and for commission of wire fraud and a single bank fraud count in conjunction with multiple mortgage loans.
Gabriel Viramontes, 49, Elk Grove, California, was sentenced by United States District Judge Edward J. Garcia to four years and nine months in prison and ordered to pay restitution to his victims for a mortgage fraud scheme.
Continue Reading...
Many Virginians have reported receiving scam phone calls or emails about the recent multi-state mortgage servicer settlement.The caller claims to be calling residents eligible for money from the settlement. They then ask for the consumer’s bank account so a direct deposit can be made.
