A Wall Township developer and several of his family members have been indicted in connection with an alleged mortgage fraud scheme. Christopher Colatrella, 40; John T. Colatrella, 49; Alexis Colatrella, 27…
Continue Reading...The brokers submitted fraudulent mortgage applications for Diggles and the appraisers, licensed by the state, appraised the value of properties that the lending institutions could rely on the ….
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Lee Loomis, aka Lawrence Leland Loomis, 54, Granite Bay, California, was arrested and a 50-count indictment was unsealed, charging him and six others with mail fraud and wire fraud.
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Dorian Brown, 38, Mount Sinai, New York, and Fritz Bonaventure, 30, Lithonia, Georgia, two mortgage loan officers, were sentenced for their roles in a $9 million mortgage fraud scheme.
David Singui, 49, Inglewood, California, and Aziz Meghji, 35, Los Angeles, California, the top two managers at a mortgage brokerage company have been arrested on federal charges relating to a foreclosure avoidance and equity-skimming scheme that targeted distressed homeowners.
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James Thomas Webb, 51, North Carolina, has been charged in a 50-count indictment which includes conspiracy to commit bank and wire fraud, and making false statements to influence banks on loans and aiding and abetting.
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Dean Counce, 42, Spring Hill, Florida, pleaded guilty to conspiracy to commit wire fraud in connection with inspections of foreclosed properties.
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Michael Wayne Harding, 59, Albemarle County, Virginia, has been charged in a seven-count indictment with two counts of mortgage fraud, two counts of money laundering and three counts of bankruptcy fraud.
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WisBarIn Mortgage Fraud Case, Offset Value Based on Cash Recouped in Foreclosure Sale Sept. 17, 2012 — Federal appeals courts have split on whether restitution for mortgage fraud victims should be based…
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A 46-year-old New Jersey real estate lawyer has been sentenced to a seven-year prison term and ordered to pay a $150,000 fine and $42,404 restitution for his role in a multidefendant mortgage fraud case. Paul…
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