Jerry R. Emerick, 39, Raymore, Missouri, the owner of a residential construction business in Raymore, Missouri, has pleaded guilty in federal court to his role in a $12.6 million mortgage fraud scheme that involved 25 upscale residential properties in Lee’s Summit and Raymore, Missouri.
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Lizette Morice, 42, Ewing Township, New Jersey, has been sentenced to 10 years in prison for running a fraudulent investment scheme involving fictitious foreclosures, announced United States Attorney Laurie Magid. Morice pleaded guilty in July 2008 to seven counts of mail fraud. Between April 2006 and July 2007, Morice ran a company
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Maurice Eugene Jenkins, 41, Wilson, North Carolina, pled guilty before United States District Judge James C. Dever, III, to bank fraud, in violation of Title 18, United States Code, Section 1344.
A Criminal Information was filed on March 26, 2009. According to the Information, in approximately late 2002 to May, 2008, Jenkins devised a scheme to defraud Continue Reading...
Lorraine Miller, 45, New Orleans, has been sentenced in federal court by U. S. District Judge Ivan Lemelle to three (3) months incarceration and nine (9) months home confinement for falsifying loan applications for properties located in the New Orleans, Louisiana area. In addition to the term of imprisonment, Judge Lemelle ordered that Continue Reading...
Lisa Lievanos, 45, Fontana, California, has been convicted of five felony counts – conspiracy, two counts of wire fraud, money laundering and making false statements to special agents with the Federal Bureau of Investigation. As previously reported on Mortgage Fraud Blog, Continue Reading...
The Portland office of the Federal Bureau of Investigation (FBI) and the U.S. Attorney’s Office today announced expanded efforts to identify and prosecute mortgage fraud. As part of a multi-agency approach, special internet and phone tip lines have been established to handle reports of mortgage fraud. Investigations will be handled by the Oregon Mortgage Fraud Working Group, which has been operating since 2007, and continues to tackle mortgage fraud on multiple fronts.
Since 2007
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Tahir Ali Khan, the leader of a ring that used fake identification documents to bilk over 50 financial institutions out of more than $24 million, has been sentenced by United States District Judge Loretta A. Preska to 14 years in prison. Khan was indicted, along with 14 other co-defendants, in a multi-count Indictment unsealed on August 15, 2007. Today’s sentence follows
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Mark M. Benun, 35, New York, New York, was arrested on a criminal Complaint charging him with interstate transportation of a portion of the proceeds from the fraudulent sale, for more than $5 million, of a building at 161st Street in the Bronx. Benun was arrested at his
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Michael A. Tringali has been sentenced to 41 months in federal prison for conspiracy to commit loan fraud, bank fraud, and money laundering. A forfeiture judgement in the amount of $6,925,522 was ordered by Judge Whittemore. Restitution will be determined in a future hearing. As previously reported on Mortgage Fraud
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Charges have been filed in two separate cases against predatory real estate companies and loan brokers who conspired to deceive first-time home buyers as well as homeowners seeking to refinance their existing mortgage. In the first case, Joseph Villaescusa, 46, Whittier, California, Isabel Gutierrez, 49, Tony Gutierrez,
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