Mark Hofmann, 55, San Diego, California, a real estate developer, was charged in a one-count Bill of Information with wire fraud.
Archives For November 30, 1999
Hoda Samuel, 62, Elk Grove, California, was sentenced to 10 years in prison for a mortgage fraud scheme that caused more than $5.5 million in losses.
Ruben Oscar Palagonia, 67, San Bernardino, California, was arraigned in San Bernardino Superior Court on Forgery and Identity Theft charges for allegedly obtaining a home mortgage loan with false credit information.
Christopher Robert Wise, 34, Denver, Colorado, who billed himself as “The Credit Line Millionaire,” has pleaded not guilty to federal fraud charges that accuse him of conspiring to obtain lines of credit worth hundreds of thousands of dollars through a host of misrepresentations and falsified documents.
Ruben Oscar Palagonia, 67, San Bernardino, California, was arraigned in San Bernardino Superior Court on Forgery and Identity Theft charges for allegedly obtaining a home mortgage loan with false credit information.
Glen Alan Ward, 48, a fraud artist who was a fugitive from justice for over a decade, was sentenced to 11 years in federal prison for running a nearly 15-year foreclosure-rescue scam that fraudulently delayed foreclosure sales for more than 800 distressed homeowners.
Jose “Joe” Bautista Garcia, 46, Camarillo, California, a real estate broker, Lucy Ann Garcia, Jose Garcia’s wife, 46, Camarillo, Jose Fernando Murguia, 47, Oxnard, a loan officer, Sesilia Garcia, one of Jose Garcia’s sisters, 30, Oxnard, California, a loan officer, Lili Ayala Hernandez, 41, Oxnard, a loan officer, Lidubina “Lido” Mendoza Perez, 41, Moreno Valley, California, a loan officer, Gregg Scott Quinn, 40, Camarillo, a loan officer, and Cesar Rodriguez Azamar, 36, Santa Paula, an employee at NCHL, have each been indicted for their roles in a mortgage fraud scheme.
Steven Pitchersky, 64, Rancho Mirage, California, was charged by information with one count of wire fraud. Pitchersky, who operated Nationwide Mortgage Concepts, a California mortgage lender, is accused of engaging in a scheme to defraud Ally Bank that caused the bank a loss of approximately $5.3 million.
Andrew Michael Phalen, 26, Mission Viejo, California, Jacob John Cunningham, 26, and John D. Silva, 28, both from Irvine, California, Justin Dennis Koelle, 23, Costa Mesa, California, and Dominic Adam Nolan, 32, Irvine, were sentenced for defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services and sending fake letters with the CitiFinancial or CitiMortgage logos offering home loan modification assistance. Victim losses are estimated to be in excess of $130,000.
Adorean Boleancu, 47, Napa, California, has been indicted and charged with 27 counts of bank fraud, wire fraud, money laundering, and aggravated identity theft. The indictment alleges that Boleancu executed a fraud scheme by forging more than $1.8 million in checks written on accounts of an elderly, widowed client for his personal benefit.