Nationwide Foreclosure Rescuer Charged with Fraud, ID Theft Frederic Alan Gladle, Austin, Texas, was charged with having operated a foreclosure-rescue scam in Los Angeles, California, and elsewhere, that falsely promised the owners of more than a thousand distressed properties that they could ind
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12/14/2011
Man Charged with Forging Borrower Signatures John Stewart Morrison IV, 55, Columbia, Maryland, was sentenced by U.S. District Judge Richard D. Bennett to 15 months in prison, followed by two years of supervised release, for mail fraud in connection with a mortgage fraud scheme involving a loss of
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12/14/2011
Woman Admits Defrauding Mortgage Lenders Lindsey Rae Loyear, 30, St. Paul, Minnesota, pleaded guilty to participating in a scheme to defraud mortgage lenders out of between $2.5 and $7 million. Loyear pleaded guilty to one count of conspiracy to commit mortgage fraud. The defendant, who was charg
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12/14/2011
Escrow Officer and Title Company Public Hearing Scheduled Lesley Karen Williams and North American Title Company ("NATCO") are the subject of a Texas Department of Insurance (the "Department") public hearing set for February 14, 2012. The hearing is being held to consider disciplinary action aga
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12/14/2011
Scotch Plains, New Jersey Man Admits $3 Million Mortgage Fraud Scheme U.S. Attorney’s Office December 12, 2011 District of New Jersey (973) 645-2700 CAMDEN, NJ—A New Jersey man admitted today to conspiring to participate in a mortgage fraud scheme that caused lenders to release approximately $
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12/13/2011
There's so much crime in real estate and real estate financing today that it makes me wonder what kind of person slipped through the cracks, and who's responsible for allowing them to do so. The prisons are full of white collar criminals who might better be served in psychiatric treatment facili
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12/13/2011
Virginia Contractor Pleads Guilty to Kickback Scheme and Subscribing to a False Tax Return U.S. Department of Justice December 12, 2011 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—A Virginia contractor pleaded guilty today to participating in a scheme to steer contracts
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12/13/2011
Here's an interesting story sent to me by the FBI. I believe that these types of crimes indirectly impact real estate financing in addition to other bank-related services (ya' think), so that's why I've decided to share it with you. Just goes to show you how some banks can end up like dust in t
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12/12/2011
A break from hades and a minute at the piano to share with you.The phone rings just when it's starting to get good. Oh,well.....Hopes for success with your work this week.-David-
12/11/2011
