MortgageorbFraud risk has dropped significantly in many Western states over the past year – as typified by a 20% drop in risk in Arizona since the fourth quarter of 2011, as the state fell to seventh place…
Continue Reading...There’s a daisy chain of people and firms involved in any real estate deal, and each link provides an opportunity for someone to lie for profit. It’s called mortgage fraud, and while you might be inclined to…
Continue Reading...Michael Wilkerson, 47, Pottstown, Pennsylvania, and Denise Haines, 43, Birdsboro, Pennsylvania, were convicted of engaging in a scheme to defraud JP Morgan Chase’s predecessor, Chase Manhattan Bank, by fraudulently obtaining home loans valued at more than $6 million
Continue Reading...Cynthia Suratos Lorica, 51, Hayward, California, was sentenced to 18 months in prison and ordered to pay more than $1 million in restitution for bank fraud and tax evasion.
Continue Reading...John Cooper Bolt, Jr., 39, Greenville, South Carolina, a commercial loan officer, pled guilty in federal court to mail fraud, a violation of Title 18, United States Code, Section 1341.
MortgageorbFraud risk has dropped significantly in many Western states over the past year – as typified by a 20% drop in risk in Arizona since the fourth quarter of 2011, as the state fell to seventh place…
Continue Reading...Myrtle Beach resident Stephen Yura pleaded guilty this week in federal court in Florence to one felony charge of making a false statement on a credit application in order to influence a lender to make a home…
Continue Reading...A former Colorado Springs man was sentenced to 43 months in prison for orchestrating a mortgage fraud scheme he carried out while living in Colorado. William M. Silvi, 45, was also ordered to pay more than…
Continue Reading...According to court documents, between October and December 2006, Dodson knowingly participated in a scheme to obtain money and property by means of false and fraudulent representations and promises. Buena….
Continue Reading...A Roslindale woman who was sentenced to 30 months in prison for her role in mortgage scams is still listed as having a current real estate broker’s license in Massachusetts. Rebecca L. Konsevick, 40, was…
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