Mortgage Broker Sentenced for False Loan Application Statements

Rachel Dollar —  November 5, 2015 — 1 Comment

Valeri Kalyuzhnyy, 44, Citrus Heights, California, was sentenced to 2 years in prison.

On June 25, 2015, Kalyuzhnyy pleaded guilty to making a false statement on a loan application. According to court documents, Kalyuzhnyy, while working as a mortgage broker, bought two homes using the credit information of a straw buyer. The loan applications that were used to secure the properties contained numerous false statements regarding the buyer’s intent to occupy the property, employer, occupation, and monthly income. In order to support the inflated monthly income listed on the loan application, fraudulent tax returns were submitted. On July 17, 2007, Kalyuzhnyy gave the straw buyer a check for $29,000.

United States District Judge Morrison C. England Jr. sentenced Kalyuzhnyy. The case was the product of an investigation by the Federal Bureau of Investigation and the Internal Revenue Service-Criminal Investigation. Assistant United States Attorney Jared C. Dolan prosecuted the case.

Rachel Dollar

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One response to Mortgage Broker Sentenced for False Loan Application Statements

  1. How about the loss mitigation director larry lagrone Fannie Mae emp and wm stolberg emp OCWEN FINANCIAL services FL corp saw buyer ponzi scheme they hv set up BV Sungrove LLC Blue Valley Apts Inc Steven Bush buyer at foreclosure sale BV SUNGROVE VP then as VP fannie mae selling to lagrone’s LLC fannie pays off wells Fargo who then cancels the debt at IRS this scheme makes madoff look like an amatuer

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