real estate fraud: Mortgage Fraud Blog for Wednesday November 19, 2014 - 11/18/14 02:52 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: Man Pleads Guilty to Defrauding Cleveland Credit Union of $2.3 Million - 11/18/14 06:44 AM
Concord Township Man Pleads Guilty to Defrauding Cleveland Credit Union of $2.3 Million
A Concord Township man pleaded guilty today to defrauding Taupa Lithuanian Credit Union out of $2.3 million, law enforcement officials said.
John Struna,
52, is scheduled to be sentenced Feb. 25. He pleaded guilty to seven counts—one count of conspiracy to commit bank fraud, one count of bank fraud, one count of making false statements and four counts of money laundering.
Struna will forfeit a restaurant he owns—the Sunny Street Café in Concord Township—a condominium in Florida and a 2014 Mazda because they were purchased with … (6 comments)

real estate fraud: Real Estate Fraud Report for Tuesday November 18, 2014 - 11/18/14 06:33 AM
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real estate fraud: Real Estate Fraud Report for Saturday November 15, 2014 - 11/14/14 02:27 PM
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real estate fraud: Another Shyster Gets Five Years In Jail for Fraud and Jury Obstruction - 11/14/14 01:58 PM
Attorney Sentenced to Five Years in Prison for Defrauding Investors of More Than $17 Million and for Obstructing Grand Jury Proceedings
BALTIMORE, MD—U.S. District Judge J. Frederick Motz sentenced
Gregory E. Grantham,
age 57, of Oceanside, California, today to five years in prison, followed by three years of supervised release, for a wire fraud conspiracy, wire fraud and obstruction of justice. Judge Motz also ordered Grantham to forfeit/ pay restitution of $17.4 million.
The sentence was announced by United States Attorney for the District of Maryland Rod J. Rosenstein; Special Agent in Charge Stephen E. Vogt of the Federal … (0 comments)

real estate fraud: New York Woman Pleads Guilty in Business Loan Fraud Scheme - 11/14/14 01:37 AM
New York Woman Admits Role in Business Loan Fraud Scheme
Deirdre M. Daly, United States Attorney for the District of Connecticut, today announced that
MARIAME ROBINSON-COWAN,
66, of Yonkers, N.Y., waived her right to indictment and pleaded guilty yesterday in New Haven federal court to one count of wire fraud related to her participation in an advance fee fraud scheme.
According to court documents and statements made in court, between approximately March 2010 and October 2014, a co-conspirator of ROBINSON-COWAN’s operated Jalin Realty Capital Advisors, LLC, (Jalin) and American Capital Holdings, LLC, (ACH). Using these businesses, the co-conspirator defrauded … (0 comments)

real estate fraud: Bank Officer Sentenced for Embezzling Funds - 11/14/14 01:23 AM
Smith County Bank Officer Sentenced for Embezzling Funds
TYLER, TX—A 59-year-old Lindale, Texas woman has been sentenced to federal prison for embezzling bank funds in the Eastern District of Texas, announced U.S. Attorney John M. Bales today.
Mary Jane Haxton
pleaded guilty on July 18, 2014, to misapplication of funds by a bank employee and was sentenced to 30 months in federal prison by U.S. District Judge Leonard Davis on Nov. 12, 2014. Haxton was also ordered to pay restitution in the amount of $446,344.66.
According to information presented in court, Haxton worked as a cashier at Lindale State … (0 comments)

real estate fraud: Swindler Sentenced in Mil-Dollar Real Estate Investment Fraud Scheme - 11/13/14 04:57 PM
Lebanon County Man Sentenced in Million- Dollar Investment Fraud Scheme
The United States Attorney’s Office for the Middle District of Pennsylvania announced that
Christopher Burhans,
age 65, was sentenced by Chief U.S. District Court Judge Christopher C. Conner today to 37 months’ imprisonment, two years’ supervised release and $1,658,205 in restitution. Burhans is scheduled to surrender to the U.S. Bureau of Prisons by January 8, 2015.
In sentencing Burhans, Chief Judge Conner said “these were not business mistakes. This was fraud; outright, clear, unmitigated fraud.”
According to United States Attorney Peter Smith, Burhans pled guilty in December 2013 to … (4 comments)

real estate fraud: Mortgage Fraud Blog for November 12, 2014 - 11/12/14 06:14 AM
      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 … (6 comments)

real estate fraud: Real Estate Fraud Report for November 12, 2014 - 11/12/14 06:11 AM
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real estate fraud: Real Estate Developer Sentenced to 121 Months in Prison - 11/12/14 06:08 AM
Real Estate Developer Sentenced to 121 Months in Prison in $50 Million Securities Fraud Scheme
WASHINGTON—A commercial real estate developer and mortgage broker was sentenced to serve 121 months in prison today for his role in a $50 million securities fraud scheme.
Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division, U.S. Attorney Laura E. Duffy of the Southern District of California and Special Agent in Charge Douglas G. Price of the FBI’s Phoenix Division made the announcement. U.S. District Judge Cathy Ann Bencivengo of the Southern District of California imposed the sentence.
Bradley Holcom,
57, … (4 comments)

real estate fraud: Real Estate Fraud Report for November 11, 2014 - 11/11/14 02:43 AM
 
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real estate fraud: Real Estate Fraud Report for November 10, 2014 - 11/09/14 11:42 PM
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real estate fraud: How Many Dirty Real Estate Agents Are There In This Business ? - 11/07/14 11:31 AM
See If You Can Count Them All !

I'll Treat the Winner to Pancakes and Grits the Next Time You're In Memphis If You Have the
Correct Answer !
 
 
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real estate fraud: New Jersey Builder Indicted on Bank Fraud, Bribery - $1 Mil Mort Fraud - 11/07/14 07:24 AM
New Jersey Builder Indicted on Bank Fraud and Bribery Charges as Part of $1 Million Mortgage Fraud Scheme
NEWARK, NJ—A federal grand jury indicted a Neshanic Station, New Jersey, man today for his role in a $1 million mortgage fraud scheme, including an alleged bribe of a bank agent to approve a loan on a property that exploded hours before the closing, U.S. Attorney Paul J. Fishman announced.
Antonio Pimenta,
46, is charged with one count of bank fraud conspiracy, three counts of bank fraud, and one count of bribing a financial institution’s agent. He was previously charged by … (2 comments)

real estate fraud: Members of Mortgage Fraud Ring Sentenced - 11/07/14 07:11 AM
Members of Mortgage Fraud Ring Sentenced
ATLANTA—
Patrice Hairston,
Bonnie Rose,
Sarah Hyldahl, and
Ronnika Allen
have been sentenced for their roles in a scheme to defraud mortgage lenders of over $2 million in mortgage loans.
“Mortgage fraud has dragged down our economy, blighted our communities, and put in jeopardy the financial security of many Americans. We will diligently pursue those who misuse the dream of home ownership to line their own pockets by fraud and deceit,” said United States Attorney Sally Quillian Yates.
“The U.S. Postal Inspection Service is committed to protecting the American Public … (0 comments)

real estate fraud: Founder of Bankrupt O.C. Real Estate Investment Firm Guilty of Fraud - 11/06/14 01:26 PM
Founder of Bankrupt O.C. Real Estate Investment Firm Pleads Guilty in Fraud Scheme That Resulted in More Than $110 Million Bankruptcy
SANTA ANA, CA—One of the owners of a now-defunct Southern California real estate investment firm pleaded guilty today to perpetrating a fraudulent scheme that ended with the bankruptcy of the company, in which investors and banks collectively lost more than $110 million.
John Packard,
64, of Long Beach, pleaded guilty to one count of mail fraud before United States District Judge Cormac J. Carney.
During today’s hearing, Packard admitted bilking investors in Pacific Property Assets (PPA), which had … (2 comments)

real estate fraud: Two Women Plead Guilty to Participating in Mortgage Fraud Scheme - 11/05/14 10:47 PM
Two Women Plead Guilty to Participating in Mortgage Fraud Scheme
Deirdre M. Daly, United States Attorney for the District of Connecticut, today announced that two women involved in an extensive mortgage fraud scheme have pleaded guilty in Hartford federal court.
Today,
MALGORZATA KARAS-GOLKA,
also known as “Margaret,” 46, of Newington, pleaded guilty to one count of bank fraud related to the scheme and, on November 3,
CARMELINDA MAROTTA,
also known as “Linda,” 45, of Manchester, pleaded guilty to bank fraud, as well.
According to court documents and statements made in court, from approximately June 2005 to July 2010, Filippos … (2 comments)

real estate fraud: Real Estate Broker Charged with Wire Fraud by Taking Client Deposits - 11/05/14 06:29 AM
Broward Real Estate Broker Charged with Wire Fraud by Taking Client Deposits
Wifredo A. Ferrer, United States Attorney for the Southern District of Florida and George L. Piro, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office, announce the charges filed against
Christopher Wayne White,
43, of Fort Lauderdale, Florida, for three counts of wire fraud, in violation of Title 18, United States Code, Section 1343. If convicted, White faces a maximum penalty of twenty years in prison, five years’ supervised release and a fine of up to $250,000 for each count.
According to the criminal … (2 comments)

real estate fraud: Three Convicted in Timeshare Telemarketing Fraud Targeting Elderly - 11/05/14 06:23 AM
Three Convicted in Federal Court for Their Role in a Nationwide Timeshare Telemarketing Fraud Scheme Targeting the Elderly
United States Attorney James L. Santelle of the Eastern District of Wisconsin, announced today that following a six day jury trial,
Jason D. Schultz (age: 31), and
Jessica M. Gilbert (age: 25) of Green Bay, Wisconsin, as well as
Jessica Weinhart (nee Hensen) (age: 31) of Neenah, Wisconsin
were convicted of conspiracy to commit mail and wire fraud.
The jury further found that they had engaged in a telemarketing scheme that defrauded at least 10 individuals over the age of 55 thus … (1 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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