Jean Marc Eljwaidi, 44, Las Vegas, Nevada, a former employee of Triple Five Development, a company which built retail shopping malls in Las Vegas, including Boca Park and Village Square, Minneapolis, and Edmonton, Canada, pleaded guilty to wire fraud for using investor’s funds for himself, instead of for the development of commercial real estate projects.
Continue Reading...Archives For November 30, 1999
Andrew Brosnac, 47, Keller, Texas, a real estate broker and investment consultant, is charged with allegedly defrauding investors and lenders out of approximately $16 million in connection with the sales and leasebacks in Pennsylvania, New York, North Carolina, and Wyoming.
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Taze Claiborne “TC” Ellis, 45, and his son, Taze Jordan “TJ” Ellis, 23, both of Sacramento, California, allegedly stole more than $3.2 million from investors who were told their money was being invested in a real estate venture to buy and re-sell foreclosed homes.
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William David (Bill) Strong, Missouri, has been convicted of securities fraud and unlawful merchandising practices for his role in the real estate investment scheme perpetrated by Greenleaf Companies and The Real Estate Company in Springfield, Missouri.
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Thomas Bannon, 80, New York, New York; Robert Bardey, 79, New York, New York; and Theodore Sweeten, 59, Ashland, Oregon, have been indicted in $5 milliion bank fraud scheme.
Kenneth Powell, 59, a former resident of Thousand Oaks, California, was sentenced by Ventura County Superior Court Judge Kevin McGee to serve 18 years in state prison for his role in a real estate investment fraud scheme.
Kevin E. Murphy, 51, Columbus, Ohio, pleaded guilty to a multi-million dollar mortgage fraud scheme as a jury was being selected for the trial.
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Thomas Joseph O’Meara, III, 65, Palm Desert, California, a former Carmel, Calif., real estate developer pleaded guilty to wire fraud and money laundering arising out of his golf course investment fraud scheme in which he defrauded more than 50 victims.
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Shawn Anthony Swor, 43, Missoula, Montana, appeared for sentencing on July 23, 2012, before U.S. District Judge Donald W. Molloy in connection with his guilty plea to real estate investment fraud.
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Celia Gallardo, 42, North Hills, California, a real estate agent and self-described real estate investor charged with running a million dollar-plus Ponzi scheme out companies based in the Santa Clarita Valley, has been arrested on federal wire fraud and mail fraud charges.
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