Rachel Dollar Keynote Speaker at Mortgage Fraud Consortium Rachel Dollar, a Certified Mortgage Banker and renowned attorney who represents lenders and secondary market investors in mortgage banking litigation matters, is the keynote speaker at the upcoming CorelLogic Winter 2012 Mortgage Fraud Co
...
01/25/2012
Federal Jury Convicts 2 of Loan Application Misrepresentations William "Ondra" Joel, 32, Oxford, Florida, and Maurice Vernon, 33, Tampa, Florida, were found guilty by a federal jury of conspiracy to commit mail fraud and wire fraud and making false statements on loan applications submitted to FDI
...
01/25/2012
Man Admits False Information in Settlement Statements Harvey Miles Lowell, 35, Lehigh Acres, Florida, pleaded guilty to conspiracy to commit wire fraud and six counts of wire fraud. Lowell faces a maximum penalty of 30 years in federal prison as to each offense. According to the plea agreement,
...
01/25/2012
Lawyer Gets 15 Years for Mortgage Bailout Scheme Norton Helton, 50, Atlanta, Illinois, and formerly of Chicago, Illinois, a former Chicago lawyer was sentenced to 15 years in federal prison for engaging in mortgage and bankruptcy fraud schemes involving a so-called "mortgage bailout" program that
...
01/25/2012
Loan Officer Heads to Prison for Defrauding Lender Andrew F. Vulpis, 30, Gibsonton, Florida, was sentenced by U.S. District Judge Steven D. Merryday to 30 months in federal prison for conspiracy to commit bank fraud. As part of his sentence, the court also entered a money judgment in the amount
...
01/25/2012
Seminar, TV and Radio Host Sentenced for Real Estate Investment Scam Anthony Cutaia, who pleaded guilty to mail and wire fraud by misleading investors and misappropriating funds, was sentenced in United States District Court, Southern District of Florida, to 51 months in prison for a real estate
...
01/25/2012
5 Indicted for Real Estate Development Conspiracy David P. Drake, Donald D. Snider, Jr., Vickie A. Hall, Heather A. Gibbs, and James B. Clarkson have been indicted in federal court, District of Kansas, for their roles in a mortgage fraud and investment scheme in Branson, Missouri. According to th
...
01/25/2012
Mortgage Broker Sentenced for Paying Illegal Kickbacks Nathan Russo, 35, Johnston, Rhode Island, was sentenced on January 20, 2012, by Chief United States District Judge Alvin W. Thompson in Hartford, Connecticut, to 30 months of imprisonment, followed by three years of supervised release, for hi
...
01/25/2012
Reverse Mortgage Scam Mastermind Sent to Prison Louis Gendason, 42, Delray Beach, Florida, A loan officer, was sentenced by U.S. District Court Judge William P. Dimitrouleas in Ft. Lauderdale, Florida, for his participation in a nationwide $2.5 million reverse mortgage fraud scheme. Gendason was
...
01/25/2012
Mortgage Broker Sentenced to 30 Months in Federal Prison for Role in Mortgage Fraud Scheme U.S. Attorney’s Office January 23, 2012 District of Connecticut (203) 821-3700 David B. Fein, United States Attorney for the District of Connecticut, today announced that NATHAN RUSSO, 35, of Johnston, R
...
01/24/2012
