SANTA ANA, CA Federal authorities have arrested five people allegedly involved in a builder bailout real estate scheme that fraudulently purchased more than 100 condominium units around the country with…
Continue Reading...Jon Nevins, 40, Leawood, Kansas, a straw buyer, was convicted in federal court of mortgage fraud.
Continue Reading...
Homeowners should be on the lookout for a mailing that appears to be a legal document, but may be a ploy against mortgage consumers.
Richard Nobles, Granville, Ohio, was indicted by a federal grand jury and charged with conspiracy to commit bank fraud, bank fraud, conspiracy to commit money laundering, and money laundering for his role in a $2.5 million mortgage fraud scheme.
Continue Reading...
Four people for the fraudulent conveyance of over twenty properties in the City and County of Philadelphia, Pennsylvania: Zachary Stokes, Oscar Ketter, Elhadi Ibrahim and Steven Johnson.
Continue Reading...
It was alleged Adams and co-conspirators committed mortgage fraud between February and June 2006 by using straw buyers to buy nine properties ranging from $530,000 to $1.3 million in Tucson, Nogales and Vail.
Continue Reading...
Estrellita “Esther” Garo Miguel, 62, Honolulu, Hawaii, a mortgage broker who operated the business Easy Mortgage, was sentenced to 52 months’ imprisonment by Chief United States District Judge Susan Oki Mollway for her operation of a mortgage fraud and money laundering scheme.
Continue Reading...
Nevins was found guilty of participating in a conspiracy to commit wire fraud and money laundering from June 12 to July 14, 2006. Nevins was a straw buyer in the conspiracy, which was part of a $657,768…
Continue Reading...
InMaricopa.comA letter sent to homeowners promising participation in a national lawsuit against a mortgage lender is a fraud, said Arizona Attorney General Tom Horne in a release. The letter arrives in an…
Continue Reading...
Frank Ferris, 71, Sacramento, California, pled no contest to one felony count of grand theft and three misdemeanor counts of collecting illegal up-front fees for loan modification services.
Continue Reading...