Myra Holmes, 56, Vallejo, California, was sentenced on October 7, 2013, to 27 months’ imprisonment and ordered to pay over $196,000 in restitution on bankruptcy and mortgage fraud related changes..
Patrick J. Mansell, 68, Boca Raton, Florida, Vice President of Coastal States Mortgage Corporation, was sentenced to a statutory maximum penalty of five years in prison, followed by three years of supervised release. Mansell previously pled guilty to conspiracy to commit wire fraud to defraud government sponsored entities, Fannie Mae and Freddie Mac.
Quelyory A. Rigal, 38, Homestead, was sentenced to 200 months in prison, followed by five years of supervised release by U.S. District Judge William J. Zloch.
Nathan Levner, 54, Oceanside, New York, has been charged with stealing $10,000 from a couple he was representing in the purchase of a new home.
Yvonne DeBenedetto, 46, Bay Shore, New York, an attorney, has been sentenced to two to six years in prison after she pleaded guilty to stealing more than $573,000 from clients who hired her to represent them in real estate deals.
James Kalpakis, 52, Old Westbury, New York, a disbarred attorney, has pleaded guilty to the top count against him after being charged with stealing more than $4 million from multiple individuals and banks he was representing in real estate deals, including his own wife.
John Tuozzo, 48, Woodbury, New York, was sentenced by Judge Susan T. Kluewer to one to three years in prison after tricking his mother-in-law into signing various real estate documents that allowed him to steal more than $600,000 from several financial institutions and leaving her facing civil lawsuits in addition to foreclosure proceedings on a nearly $1 million home she had no idea she owned.John Tuozzo.
Dino Sisneros, Tuscon, Arizona, has been sentenced to 5 years in prison for his role in a mortgage fraud conspiracy to obtain loans totaling almost $13.5 million between 2003 and 2007.
Michael Krause has been indicted on charges of wire fraud and conspiracy for his alleged role in misappropriating and failing to pay off a prior mortgage with the funds from a new loan.
Walter Ng, his son Kelly Ng, and Bruce Horwitz, three real estate fund managers, have been charged with fraud for secretly using the assets of a new real estate fund to rescue an older, rapidly collapsing fund.