John A. Yanchek, 49, Sarasota, Florida, a practicing attorney licensed by the State of Florida, pleaded guilty before Magistrate Judge Thomas B. McCoun III to three counts of a 47-count Indictment charging four individuals with conspiracy, making false statements in connection with bank loans, scheming to defraud several FDIC – insured banks, and money laundering. Mortgage Fraud Blog Continue Reading...

Steven Gordon, 49, Miami, Florida, pled guilty to wire fraud charges related to a five-year scheme to inflate the value of mortgage loans to increase his commission compensation. Sentencing has been scheduled for April 23, 2009 at 9:00 a.m.

Prior to his dismissal in 2006, Gordon was a principal at Bayview Financial, LP, a Coral