Jayson Peter Costa, 41, Bakersfield, to 78 months’ imprisonment United States District Judge Lawrence J. O’Neill sentenced for his role in an extensive mortgage fraud scheme that ran from January 2004 to September 2007. Costa was ordered to self-surrender by May 5, 2014.
Archives For November 30, 1999
Vincent Thakur Singh, 45, formerly of Elk Grove, California, pleaded guilty to wire fraud and false statements in bankruptcy.
Paula Rae Donnell, 54, Fullerton, California, a controller for a real estate company, was convicted of embezzling over $370,000 from her employer.
Saleem M. Khan, 49, Dublin, California, was sentenced to twenty one months in prison and ordered to pay a $60,000 fine for bank fraud and making false statements to a financial institution.
Andrew B. Katakis and Donald M. Parker were found guilty following a four-week trial of conspiring to rig bids at public real estate foreclosure auctions held in San Joaquin County, California.
Grant Alvernaz, Pleasant Hill, California, and Douglas Moore, Walnut Creek, California, two real estate investors, pleaded guilty to their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California. A total of 46 individuals have pleaded guilty or agreed to plead guilty as a result of an ongoing antitrust investigation into bid rigging and fraud at public real estate foreclosure auctions in Northern California. Continue Reading…
Linda Rose Gagnon, 59, Irvine, California, was sentenced to 37 months in federal prison for defrauding a group of Roman Catholic Sisters out of $285,000, which she misappropriated and spent for her own use after promising to use the money to help the nuns purchase a retirement home.
John Hagener, 77, Granite Bay, California, and Dawn C. Powers, 43, Lincoln, California, separately pleaded guilty to conspiracy charges.
Timothy William Barnes, 37, formerly of San Luis Obispo, California, a real estate broker pleaded guilty to orchestrating a property flipping scheme in which he purchased houses in short sales at artificially low prices and immediately resold the properties at their true market value.
Charles Gonzales, Alamo, California, a Northern California real estate investor, has agreed to plead guilty to his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.