Douglas F. Vaughan, 64, Albuquerque, New Mixico, pled guilty to wire and mail fraud charges that involved his operation of a real estate investment Ponzi scheme in which he fraudulently obtained more than $74 million from approximately 600 investors who were promised extraordinary returns.
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David Shawn Moffitt, 34, the owner of a loan modification business with offices in Lehi and St. George, Utah, has been charged with 9 felony counts for allegedly defrauding hundreds of desperate homeowners.
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Chad Evans, 37, Brookville, Indiana, was sentenced by U.S. District Judge James Moody to 70 months in federal prison for conspiracy to commit wire fraud, bank and mail fraud, and money laundering for his role in a straw buyer scheme.
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Randolph Branham, 45, Destin, Florida, was convicted of conspiracy to commit bank fraud and bribery of a loan officer, following a four-day jury trial.
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Nadin Samnang, 29, Ashburn, Virgnia, has been with conspiracy and mortgage fraud charges related to his role in alleged fraudulent mortgage loan transactions involving at least 25 homes in northern Virginia and more than $7 million in losses to lenders.
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Veldora Arthur was sentenced by U.S. District Judge Patricia Seitz to 57 months in prison, to be followed by 3 years of supervised release for her role in a mortgage farud scam that resulted in losses to lenders of approximately $2.5 million.
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Louise Lampo-Diglio, 43, East Haven, Connecticut, waived her right to indictment and pleaded guiltybefore Senior United States District Judge Alfred V. Covello to one count of conspiracy to commit mail fraud and wire fraud stemming from her role in a mortgage fraud scheme.
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Wiley Chandler, Andrew Katakis, Donald Parker, Anthony Joachim and W. Theodore Longley are the subject of an indictment unsealed by a U.S. District Court in Sacramento, California, for their participation in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, California.
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Keith D. Gunter, 49, Illinois, pleaded guilty in federal court to an Internet auction scam in which he advertised and sold property in northwestern Alabama that he did not own or never provided title for after receiving payment.
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Michelle Vinas, 53, Florida, pleaded guilty before U.S. District Court Richard J. Arcara to bank fraud concerning her role in a New York mortgage fraud scheme that caused $24,000,000 in overall losses to lenders.
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