Archives For Mortgage Fraud

Nevada has received $1,700,500 from the U.S. Office of Justice Program as a discretionary or project-driven grant to enable the Mortgage Fraud Unit within the Nevada Office of the Attorney General to expand services to deal with Nevada’s mortgage fraud and vacant property crimes.

The grant will enable the Mortgage Fraud Unit to add four investigators and two prosecutors to its current staff of three investigators and three prosecutors. The grant will enable the unit to increase the number

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Delgardo Lee Linthicum, 54, Rustburg, Va., the former head of a non-profit organization and preacher, was sentenced in U.S. District Court on one count of bank fraud for failing to disclose all of his financial assets to a banking institution while trying to secure a loan.

Linthicum pled guilty in August to a one count Information charging him with bank fraud. In U.S.

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Hundreds of organizations have partnered with the Association of Certified Fraud Examiners (ACFE) to shine a spotlight on fraud during International Fraud Awareness Week, Nov. 7-13, 2010. The awareness campaign comes during a time when organizations around the world lose an estimated 5 percent of their annual revenues to fraud, according to ACFE research.

During Fraud Awareness Week, official supporters will engage in various activities in support of the anti-fraud movement. These

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Arthur Gonzales Diaz, 56, Anaheim, California, is charged with seven felony counts of grand theft and one misdemeanor count of engaging in business as a real estate broker without a license with a sentencing enhancement for property damage exceeding $65,000. If convicted, he faces a maximum sentence of eight years in state prison. Diaz is being held on $75,000 bail and must prove the

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Consumers are being warned of prerecorded telemarketing calls offering credit repair or loan modification services. Some consumers report they are receiving multiple calls per day.

During the call, a recording tells the consumer they qualify for a loan modification or credit repair and the call may quote a loan account number to make the offer appear authentic. However, when the consumer pushes the telephone button to talk to a representative, the recording states that no one is able to

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Prince Charles Eweka, 45, Canton, Massachusetts, was arrested after being charged with multiple counts of wire fraud in connection with a multi-year, multi-property mortgage fraud scheme was unsealed in U.S. District Court. The indictment alleges eight counts of wire fraud.

According to the indictment, in 2006 and 2007, Eweka committed fraud in connection with

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The Homeownership Preservation Foundation (HPF), which administers the Homeowner’s HOPE Hotline 1-888-995-HOPE to provide comprehensive financial education and foreclosure prevention counseling, received 145,993 calls in September from distressed homeowners, a three percent increase from the previous month. Call volume to the hotline increased 7.4% in the third quarter from the previous quarter. The states with the largest call volumes in September were California, Florida, New York, Texas

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Christopher B. Maselli, North Providence, Rhode Island, a real estate attorney and state senator from Johnston, Rhode Island, has filed notice with the U.S. District Court in Providence that he intends to plead guilty to eight counts of bank fraud, as charged by the Government. An Information filed by the Government last week alleges that Maselli falsified bank and federal tax

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Daniel Duffy, 34, Sebastian, Florida, has been sentenced to seven years and three months in federal prison for aggravated identity theft and conspiracy to commit mail, wire, and bank fraud. As part of his sentence, the court also entered a money judgment in the amount of $4,861,058.70, the proceeds of the conspiracy to commit mail, wire, and bank fraud. Duffy pled guilty on March

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Jean Teresa Hoffert, 59, Emmetsburg, Iowa, has been charged with 13 counts of mail fraud, six counts of bank fraud, three counts of aggravated identity theft, and three counts of money laundering. The charges are contained in an Indictment recently unsealed in United States District Court in Sioux City, Iowa.

The Indictment alleges that, between about the spring of 2005 and the summer of 2008, while acting as a real estate

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