Milton Retana, 46, Huntington Park, California, a man who preyed on Spanish-speaking investors with promises of hefty returns during the real estate bubble was sentenced to 25 years in federal prison for bilking approximately 2,300 victims who suffered losses of approximately $33 milion. Retana was sentenced by United States District Judge R. Gary Klausner.
Continue Reading...Jason Vitulano, 44, Boca Raton, Florida, has pled guilty before U. S. District Judge Donald M. Middlebrooks to conspiracy to commit mail and wire fraud (Count 1) and one count of mail fraud (Count 12), in violation of Title 18, United States Code, Section 1349 and 1341, respectively. Vitulano is being held in pre-trial detention pending sentencing, which has been scheduled for
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Anthony B. Ghio, 43, Stockton, California, has pleaded guilty before United States District Judge Edward J. Garcia to conspiring to rig bids at public real estate foreclosure auctions held in San Joaquin County, California.
Ghio admitted in his guilty plea that he conspired with a group of real estate speculators
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William T. Bridge, 43, Cambria, California, was sentenced by United States District Judge William B. Shubb to 21 months in prison, to be followed by one year of supervised release, $1,057, 700.90 in restitution to the Internal Revenue Service, and a $60,000 fine for multiple counts of filing false tax returns and paying kickbacks in connection with real estate loan transactions. Continue Reading...
F. Jeffrey Miller, 49, Stanley, Kansas, a Kansas City builder, has been sentenced to 108 months in federal prison for conspiracy to commit bank fraud and money laundering in a $5 million mortgage fraud scheme. Miller was tried and convicted in 2008 on one count of conspiracy, one count of money laundering and two counts of criminal contempt. Also sentenced was co-defendant
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Morton Daniel Bohn, 69, Tigard, Oregon, was sentenced after admitting guilt on federal charges of bank fraud and money laundering. The defendant was ordered to serve one year and one day in federal prison and pay restitution of $288,171. Bohn was ordered to report to the Bureau of Prisons on June 15, 2010.
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Thirteen defendants have been charged in a superseding indictment in connection with a mortgage fraud scheme that resulted in approximately $16.9 million in fraudulent mortgage loans, and losses of $9.7 million to the lender, Wells Fargo Bank:
Greta Medina, 26, Coral Gables, Florida
Ricardo Estrada, 39, Miami,
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Jodi Lee Nazir, former Rancho Cucamonga, California real estate agent was located in Manhattan, New York and arrested on April 6, 2010, by US Marshals as a fugitive from justice, on an outstanding felony warrant for embezzlement of funds from her Rancho Cucamonga company’s Escrow Trust Account. Nazir will be held without bail in New York until extradition proceedings are
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Daniel Gillen, 42, Mt. Lebanon, Pennsylvania, pleaded guilty in federal court to charges of wire fraud conspiracy, money laundering conspiracy, and tax evasion in connection with a mortgage fraud scheme.
Gillen pleaded guilty to three counts before United States District Judge Joy Flowers Conti.
In connection with the guilty plea, Assistant United States Attorney Brendan
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The house is Miller’s home, but she has not owned it since 2006, when she tried to save it with an “unconventional refinancing” and ended up being scammed out of the legal title to the property.