He and others then submitted fraudulent mortgage loan applications to lenders for these same clients, omitting the fact that the down payment had been loaned to them and overstating assets. Over the course of…
Continue Reading...The News HeraldLonett Rochell Williams, 47, Woodland Hills, California, was sentenced yesterday to 10 years in prison for conspiracy to commit mail fraud, conspiracy to commit money laundering, and six…
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10 individuals have been indicted on 44-counts for their alleged roles in a mail and wire fraud conspiracy involving timeshare mortgages.
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Arthur R. Seaborne, 70, Sarasota, Florida, was sentenced by U.S. District Judge Steven D. Merryday to 5 years in federal prison for conspiring to commit bank fraud in connection with his role in a residential loan program.
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Hoda Samuel, 60, Elk Grove, California, was found guilty of a conspiracy to commit mortgage fraud and of 30 individual counts of mail fraud after a 10 day jury trial.
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New research shows mortgage fraud is on the rise, prompting lenders to become more diligent in their loan application reviews. Reports of possible fraud on loan applications processed by Kroll Factual Data rose…
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Joshua S. Goldberg was indicted by a federal grand jury on charges of conspiracy to commit and committing wire fraud in connection with a mortgage fraud scheme in which fraudulent loans were obtained on at least five properties.
A federal grand jury indicted mortgage broker Joshua S. Goldberg today, alleging he helped steal $2.5 million from various lenders through a mortgage fraud scheme in Baltimore. City Paper first outlined the…
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Hoda Samuel, 60, was convicted of conspiracy to commit mortgage fraud and of 30 individual counts of mail fraud, said Lauren Horwood, spokeswoman for the U.S. Attorney, Eastern District of California. Samuel…
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Raquel DeJesus Martinez, Miami-Dade County, Arizona, who previously worked as a title agent, was sentenced by U.S. District Judge Donald M. Middlebrooks to 24 months in prison, to be followed by 3 years of supervised release, in connection with a scheme to commit mortgage fraud at The Jade apartment complex on Brickell Bay Drive in Miami.