Edward J. Safdie, 71, Madison, Connecticut, was sentenced September 1, 2009, by United States District Judge Janet Bond Arterton in New Haven to 51 months of imprisonment, followed by five years of supervised release, for engaging in a fraud scheme during which he received funding from multiple sources to assist him in purchasing The Inn at Chester, Chester, Connecticut. On January
Continue Reading...Archives For November 30, 1999
Ronald Brvenik, Prince Frederick, MD, a real estate appraiser licensed in the state of Maryland, was charged in 2003, along with 9 others, for allegedly providing false appraisals in an illegal flipping scheme. The charges against Brvenik were dismissed before trial. Brvenik then moved to obtain an order against the
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12 defendants and 3 companies were indicted on mortgage fraud offenses, including engaging in a pattern of corrupt activity, a first degree felony, for securing $14,766,515 in fraudulent loans used to purchase seven homes in Cuyahoga, Ottawa and Lucas counties, Ohio. Six of the seven houses fell into foreclosure. The
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John T. Willard, Hamilton, Ohio, was suspended from the practice of law by the Supreme Court of Ohio for one year, with the final six months of that term stayed, for professional misconduct arising from Willard‘s participation in a “foreclosure rescue” business in which he accepted client referrals and shared legal fees with non-attorneys who engaged in the unlicensed practice of
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Eric Wayne Moen, 36, Park Rapids, Minnesota, was indicted in federal court in connection with a scheme to defraud a mortgage company out of money, as well as growing more than 100 marijuana plants. Moen was charged August 18, 2009, with one count of conspiracy to commit wire fraud, one count of money laundering and one count of manufacturing marijuana. He made his initial
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Orlando Carter, 43, Mason, Ohio, was convicted of 11 counts of fraud and conspiracy for misleading lenders in order to secure more than $10 million in loans and lines of credit for the purchase of personal real estate and the operation of his business, the Dynus Corporation. The verdict returned after a trial that began July 27, 2009, before Senior United States District
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An 18-month investigation led to indictments against 41 people and four companies. The defendants are alleged to have engaged in real estate transactions to purchase 453 homes in Ohio with fraudulent loans totaling $44 million.
Uri Gofman, Beachwood, Ohio, is alleged to have orchestrated one of the nation’s largest mortgage
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Robert P. Copeland, 47, Marietta, Georgia, was sentenced by United States District Judge Beverly B. Martin to serve over 10 years in federal prison on a charge of wire fraud, relating to a $40 million investment fraud scheme.
Copeland was sentenced to 10 years, one month in prison to be followed by 3 years of supervised release, and ordered to pay restitution of
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Brian H. Madden, 55, Greenlawn, New York, was indicted on charges that he misappropriated and embezzled over $4.7 million of escrow, client, and other operating funds from three title insurance agencies that he controlled and operated in New York. The three-count Indictment returned by the Grand Jury adds a money laundering charge to the wire fraud and insurance fraud charges for which Continue Reading...
Veronica Sanchez Gallegos, 28, Ventura, California, a licensed real estate agent, pled guilty on August 6, 2009, to one felony count of theft from an elder, five felony counts of grand theft, and admitted a special allegation of taking more than $500,000.
In an investigation conducted by the District Attorney’s Office Bureau of Investigation, it was determined that Gallegos conducted
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