Teresa Rose, Ramona, California, a real estate agent, was sentenced to 15 months in custody by U.S. District Judge John A. Houston for her role in an investment and mortgage loan fraud scheme that generated tens of millions of dollars in fraudulent loans and millions in illegal kickbacks to the participants.
Archives For November 30, 1999
Rudolph Silva, Concord, Calif., Thomas Bishop, Pleasant Hill, Calif., and Leslie Gee, Danville, Calif., three Northern California real estate investors, have agreed to plead guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.
Anthony B. Joachim, Stockton, California, an Eastern California real estate investor pleaded guilty to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions in Eastern California.
Adorean Boleancu, 47, Napa, California, was sentenced to 20 months in prison and ordered to pay $360,199.25 in restitution for a wire fraud offense.
Thomas Franklin Tarbutton, 54, Newport Beach, California, a fugitive hard money lender, has been extradited back to Orange County from Panama for embezzling nearly $3 million from investors in a Ponzi real estate fraud scheme.
Florence Fung, Sacramento, California, and Michael Navone, San Rafael, California, two real estate investors, have agreed to plead guilty to their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.
David Crisp, 34, and his wife Jennifer Anne Crisp, 31, both of San Diego, California, pleaded guilty in U.S. District Court to charges stemming from their involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007.
Blair Christopher Hanloh, 50, Long Beach, California, was sentenced to four years in state prison for recording false quitclaim deeds on several residential properties as part of an elaborate scheme to possess and rent out properties valued at over $3.5 million.
Siringoringo Law Firm and Clausen & Cobb Management Company, Inc. are the subjects of search warrants, which have been served on five separate locations in the California counties of Orange and San Bernardino, in response to an alleged multi-million dollar loan modification scam.
Zahid and Riffat Ali, who have been wanted by federal authorities on bank fraud charges since 1996, surrendered to agents of the FBI at San Francisco International Airport when their flight from Pakistan arrived. They pleaded guilty in federal court in San Jose, California, to bank fraud.