real estate fraud: Newington Man Sentenced to 8+ Years in Prison for Mortgage Fraud - 01/07/15 05:28 AM
Newington Man Sentenced to More Than Eight Years in Prison for Orchestrating Mortgage Fraud Scheme
Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that
FILIPPOS MILIOS,
also known as Filip Milios, 56, of Newington, was sentenced today by U.S. District Judge Alvin W. Thompson in Hartford to 97 months of imprisonment, followed by five years of supervised release, for orchestrating a mortgage fraud scheme that involved dozens of Connecticut properties and resulted in nearly $5.7 million in losses to lenders.
According to court documents and statements made in court, from approximately June 2005 to July … (2 comments)

real estate fraud: Mortgage Fraud Blog for January 7, 2015 - 01/06/15 02:11 PM
    Mortgage Fraud Blog sends me an update once per week.    The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Copyright 2004-2014 Rachel M. Dollar … (2 comments)

real estate fraud: Real Estate Fraud Report for January 5, 2015 - 01/05/15 12:59 AM
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real estate fraud: Mortgage Fraud Blog for December 31, 2014 - 12/30/14 02:43 PM
      Mortgage Fraud Blog sends me an update email once per week.   The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Copyright 2004-2014 Rachel M. Dollar … (8 comments)

real estate fraud: U.S. Attny Charges Man for Ponzi Scheme That Bilked Millions of $ - 12/30/14 02:55 AM
U.S. Attorney Charges Hoover Man for Role in Ponzi Scheme That Bilked Millions from Investors
BIRMINGHAM—Federal prosecutors today charged a Hoover man with fraud and money laundering in connection with an illegal Ponzi scheme that caused investors to lose more than $3 million, announced U.S. Attorney Joyce White Vance, FBI Special Agent in Charge Richard D. Schwein Jr., Alabama Securities Commission Director Joseph P. Borg and Hoover Police Chief Nick Derzis.
The U.S. Attorney’s Office charged
BRYAN W. ANDERSON,
40, with one count each of wire fraud, money laundering and securities fraud. The office filed the charges in U.S. District … (2 comments)

real estate fraud: Real Estate Fraud Report for December 29, 2014 - 12/29/14 01:31 AM
 
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real estate fraud: Another Real Estate Investor Pleads Guilty to Bid Rigging and Fraud - 12/29/14 01:12 AM
Northern California Real Estate Investor Pleads Guilty to Bid Rigging and Fraud at Public Foreclosure Auctions
Investigations Have Yielded 51 Plea Agreement and Five Indictments to Date WASHINGTON—A Northern California real estate investor pleaded guilty for his role in bid rigging and fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.
Charles Rock
was indicted on Dec. 3, 2014, in the U.S. District Court for the Northern District of California in Oakland, California. The indictment alleged that Charles Rock and others agreed not to compete at public foreclosure auctions in Contra Costa County, California, … (0 comments)

real estate fraud: Realtor Posts Facebook Comment Calling for Assassination of Police - 12/28/14 01:09 PM
 
What this shameful Realtor has done oversteps the bounds of decency and leaps into a pit of insanity and depravity.
My friend, Jim Gibbs, of the Career Institute, sent this upsetting story to me tonight.
Needless to say, the insidious, pernicious creep is yet another reason in my growing list of reasons to avoid Facebook like the plague (my original post) (...and part 2)
 
     Texas Realtor Calls for Assassination of Police
 

 

Texas Realtor
Evan Carroll
has lit a firestorm online with a personal comment on his personal Facebook page that has been used to invoke … (4 comments)

real estate fraud: Shyster Guilty of Real Estate Investment Fraud - Over $768,000 in Loss - 12/24/14 03:18 AM
Former Talbot County Attorney Pleads Guilty to Real Estate Investment Fraud Scheme with Over $768,000 in Losses
BALTIMORE, MD—
Aaron G. Seltzer,
age 38, of Trappe, Maryland, pleaded guilty today to wire fraud in connection with a scheme in which he converted funds intended for real estate investments to his personal use.
The guilty plea was announced by United States Attorney for the District of Maryland Rod J. Rosenstein; Special Agent in Charge William Winter of U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI); and Special Agent in Charge Stephen E. Vogt of the Federal Bureau of … (1 comments)

real estate fraud: Two Men Charged with Operating Multi-Million- Dollar Fraud Scheme - 12/24/14 03:14 AM
Two Men Charged with Operating Multi-Million- Dollar Fraud Scheme
Deirdre M. Daly, United States Attorney for the District of Connecticut, and Patricia M. Ferrick, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, today announced that a federal grand jury in New Haven has returned an 11-count indictment charging
DAVID C. JACKSON,
also known as “C. David Manns,” “Charles Jackson” and “Andrew D. Smithson,” 53, and
ALEX HURT,
also known as “Alex Dante,” 45, with various offenses related to an advance fee fraud scheme that defrauded individuals out of several million dollars.
The … (0 comments)

real estate fraud: Mortgage Fraud Blog for December 24, 2014 - 12/23/14 01:29 PM
    Mortgage Fraud Blog sends me an update email once per week. The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com.  
Copyright 2004-2014 Rachel M. Dollar … (2 comments)

real estate fraud: Woman Sentenced for Real Estate Loan Scam - 12/18/14 04:47 AM
Billerica Woman Sentenced for Loan Scam
BOSTON—A Billerica woman was sentenced yesterday for wire fraud charges in connection with a bogus bank guaranty program.
Diane Glatfelter,
48, was sentenced by U.S. District Judge Douglas P. Woodlock to 30 months in prison, three years of supervised release, and ordered to pay $1,575,000 in restitution. In September 2014, Glatfelter was found guilty following a five-day jury trial of four counts of wire fraud.
In 2007 and 2008, Glatfelter engaged in a scheme to defraud a young real estate businessman from California who was seeking funding for a development project.
Glatfelter … (4 comments)

real estate fraud: Former Collateralized Mortgage Obligations Bond Trader Sentenced - 12/17/14 12:55 AM
Former Collateralized Mortgage Obligations Bond Trader Sentenced in Multi-Million-Dollar Securities Fraud Scheme
TRENTON, NJ—A former collateralized mortgage obligation (CMO) bond trader was sentenced today to 30 months in prison for engaging in a fraudulent trading scheme in which he manipulated the prices of CMOs by millions of dollars over a period of four years, U.S. Attorney Paul J. Fishman announced.
Douglas Green,
50, of Boca Raton, Florida, previously pleaded guilty before U.S. District Judge Freda L. Wolfson to one count of securities fraud. Judge Wolfson imposed the sentence today in Trenton federal court.
According to documents filed in this … (0 comments)

real estate fraud: Mortgage Fraud Blog for December 16, 2014 - 12/16/14 01:34 PM
      Mortgage Fraud Blog sends me an update email once per week.   The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Copyright 2004-2014 Rachel M. Dollar … (0 comments)

real estate fraud: Convicted Ponzi Schemer Weinstein Gets Additional 24 Months in Prison - 12/16/14 12:43 AM
Convicted Ponzi Schemer Eliyahu Weinstein Sentenced to Additional 24 Months in Prison on New Fraud and Money Laundering Charges
Already Serving 22 Years for Previous Fraud Scheme TRENTON, NJ—A man already serving 22 years in prison for a real estate Ponzi scheme was sentenced today to an additional 24 months in prison for defrauding investors in connection with the Facebook IPO and several additional real estate deals and laundering the proceeds of the scheme, U.S. Attorney Paul J. Fishman announced.
Eliyahu Weinstein,
39, of Lakewood, New Jersey, was previously sentenced to 22 years in prison for running a real estate … (7 comments)

real estate fraud: Controller for The Mortgage Store Pleads Guilty to Bank Fraud - 12/11/14 11:55 PM
  St. Peters Man Pleads Guilty to Bank Fraud
   
ST. LOUIS, MO—
Mark Avalos
pled guilty to bank fraud charges relating to his work as the Controller for The Mortgage Store, Inc. (TMS), in 2008.
According to court documents, TMS was a major mortgage brokering business with offices in four states and hundreds of employees.
The main offices were in Westport Plaza and Wentzville.
The businesses were operating at a financial deficit in 2008.
There were not sufficient funds available to fund the disbursements from TMS and, in addition, to meet all of the expenses incurred … (10 comments)

real estate fraud: Ex CFO/Senior VP of Paric Construction Indicted on Fraud Charges - 12/11/14 02:25 AM
Former Chief Financial Officer/Senior Vice President of Paric Construciton Indicted on Fraud Charges
ST. LOUIS, MO—
Brian Paluch,
former Chief Financial Officer & Senior Vice President of PARIC Construction was indicted on three charges of mail fraud involving his scheme to use the company’s corporate funds to pay his own personal expenses during the period January, 2010 through February, 2014.
According to the indictment, Paluch used the PARIC issued American Express card to pay for personal expenses, including personal travel, dining, spa charges, electronics and personal gifts for family and friends.
In order to conceal his scheme, Paluch submitted … (0 comments)

real estate fraud: Contractor Admits Conspiring to Rig Selection Process - 12/10/14 02:55 PM
Contractor Admits Conspiring to Rig Selection Process for Union City Community Development Agency Projects
NEWARK, NJ—A Union City contractor today admitted conspiring to rig the contractor selection process for projects run by the Union City Community Development Agency (UCCDA), causing losses of at least $70,000, U.S. Attorney Paul J. Fishman announced.
Joseph Lado,
66, of Fort Lee, New Jersey, pleaded guilty to an information charging him with one count of conspiring with agents of the UCCDA and a Jersey City, New Jersey, contractor to obtain money from the agency by fraud.
Lado entered his guilty plea before U.S. District … (0 comments)

real estate fraud: Real Estate Fraud Report for Thursday December 11, 2014 - 12/10/14 02:45 PM
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real estate fraud: Mortgage Fraud Blog for December 11, 2014 - 12/10/14 02:42 PM
    Mortgage Fraud Blog sends me an update email once per week.   The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Copyright 2004-2014 Rachel M. Dollar … (0 comments)

 
Most real estate fraud-related articles and Department of Justice Press Releases published here are taken from the public record, which normally include press releases and court documents related to each entry and case. Any other type of record, i.e. newspaper reports, are only published after consent has been obtained from the original publisher. Nothing will be published that has not been verified via the public record or consent provided.The use of the names or initials of the Federal Bureau of Investigation, the Drug Enforcement Administration, and the United States Marshals Service is governed by 18 U.S.C. sec. 709, which prohibits their unauthorized use in a manner calculated to convey the impression that such use is approved, endorsed, or authorized by that component, unless written permission has been received from the head of the respective component. Where initials are found within this blog site they are not used in a manner calculated to convey the impression that such use is approved, endorsed or authorized by that component. Please see the Department of Justice Legal Policies at:http://www.justice.gov/legalpoliciesPlease contact David with any questions.
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