real estate fraud: ARE YOU KIDDING ME ? Lawyer & Home Owner Break Into Foreclosed Home In Front of the Police - 06/08/11 03:39 AM
Many Thanks to Rachel Dollar-Mortgage Fraud Blog
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real estate fraud: 2 Houston Texas Men Sentenced to Lengthy Prison Terms for Mortgage Fraud - 06/08/11 03:29 AM
Courtesy Rachel Dollar-Mortgage Fraud Blog
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real estate fraud: Texas Mortgage Fraud Ringleader Sentenced to Prison : Convicted on 32 Counts - 06/08/11 03:12 AM
Courtesy Rachel Dollar - Mortgage Fraud Blog
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real estate fraud: Arizona Woman Pleads Guilty To 13 Felony Offenses Including Straw Buyer Scheme, Mortgage Fraud & Insurance Fraud - 06/08/11 03:08 AM
Courtesy Rachel Dollar - Mortgage Fraud Blog
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real estate fraud: Jury Convicts Minnesota Man of Straw Buyer Scam - 06/08/11 02:42 AM
Courtesy Rachel Dollar-Mortgage Fraud Blog
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real estate fraud: 5 Indicted in Illinois for $15.7M Mortgage Fraud Scheme - 06/08/11 02:04 AM
Courtesy Rachel Dollar-MFB
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real estate fraud: Minnesota Broker Allegedly Steals Loan Funds - 06/08/11 01:57 AM
Courtesy Rachel Dollar-MFB
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real estate fraud: Las Vegas Man Sentenced to Prison for Mortgage Fraud and Foreclosure Rescue Scam - 06/07/11 06:33 PM
Courtesy Rachel Dollar
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real estate fraud: Irvine, California Fugitive Sought in Loan Mod, Refinance Scam - 06/07/11 06:16 PM
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real estate fraud: Former President of Long Island Real Estate Firm Sentenced in Manhattan Federal Court to 51 Months in Prison for Stealing $1.5 Million in Fraudulent Real Estate Schemes - 06/07/11 12:14 PM
Former President of Long Island Real Estate Firm Sentenced in Manhattan Federal Court to 51 Months in Prison for Stealing $1.5 Million in Fraudulent Real Estate Schemes

PREET BHARARA, the United States Attorney for the Southern District of New York, announced that ELVISTON RAMASIR, the former president of Home Free Realty, Inc., a Long Island real estate services company, was sentenced yesterday to 51 months in prison for committing two separate real estate fraud schemes, to which he pled guilty in January 2011. In one scheme, he stole approximately $1.5 million from an investor by promising huge rates of … (2 comments)

real estate fraud: Two Houston Men Sentenced to Prison for Mortgage Fraud - 06/01/11 01:03 PM

Two Houston Men Sentenced to Prison for Mortgage Fraud HOUSTON-Adrian Levale Cole and Albert Terrance Watkins, both of Houston, have been sentenced to prison for their roles in a multi-million-dollar mortgage fraud scheme, United States Attorney José Angel Moreno announced today.
Cole, 40, owned and operated the "fictitious" companies AC Homes and WT Homes and generated more than $10 million in fraudulent home loan submissions at and through Phantom Marketing, Capri Mortgage, and United National Mortgage by recruiting borrowers with good credit in Houston and the surrounding area. He pleaded guilty to wire fraud and false representation of Social Security … (6 comments)

real estate fraud: Las Vegas Foreclosure Rescuer Sentenced for Fraud - 05/31/11 11:18 PM
courtesy Rachel Dollar
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real estate fraud: Woman Sentenced to Prison for Diverting Escrow Funds - 05/31/11 10:53 PM
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real estate fraud: Pennsylvania Loan Processors Sentenced to Prison for Mortgage Fraud - 05/31/11 10:52 AM
Loan Processors Sentenced in Mortgage Fraud Scheme
PHILADELPHIA-Kirk H. Kirby, 40, of Capital Heights, Maryland, and Sholonda Y. Johnson, 39, of Philadelphia, were sentenced today to 60 months and 30 months in prison, respectively, in connection with a real estate investment scheme, announced United States Attorney Zane David Memeger. Kirby and Johnson pleaded guilty to three counts each of wire fraud in connection with a real estate investment scheme that caused millions of dollars in losses to lenders. Kirby owned and operated Invictus Financial Group ("IFG"), located in Havertown, PA. Johnson was a loan officer at various mortgage brokerage companies.
Kirby … (0 comments)

real estate fraud: Two Sisters, Both Former Real Estate Professionals, Sentenced to Prison for Mortgage Fraud Scheme in Vallejo - 05/27/11 12:59 PM
Former Real Estate Professionals Sentenced for Mortgage Fraud Scheme in Vallejo
SACRAMENTO, CA-United States Attorney Benjamin B. Wagner announced that United States District Judge Morrison C. England, Jr. sentenced Ralondria Stafford, 37, of San Francisco, and Necole Ward, 32, of Las Vegas, (both formerly of Vallejo, Calif.) for their roles in a mortgage fraud scheme carried out in Vallejo between 2005 and 2006. Judge England sentenced Stafford to 21 months in prison and Ward to 12 months and a day in prison. The prison sentences are to be followed by three years of supervised release and both defendants were ordered to … (2 comments)

real estate fraud: Pennsylvania Mortgage Broker Sentenced to Prison For Fraud - 05/27/11 04:58 AM
Courtesy Rachel Dollar-MFB
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real estate fraud: Three Indicted in Multiple Mortgage Fraud Schemes Involving 13 Properties in Five Rhode Island Communities Totaling More Than $3.5 Million - 05/26/11 01:26 PM
Three Indicted in Multiple Mortgage Fraud Schemes Involving 13 Properties in Five Rhode Island Communities Totaling More Than $3.5 Million
PROVIDENCE, RI-A federal grand jury in Providence on Tuesday returned indictments against a loan officer and a loan processor employed at the same mortgage company, and a former Rhode Island attorney currently involved in the real estate industry in an alleged "straw borrowing" scheme that netted more than $3.5 million dollars in fraudulently obtained mortgages on 13 properties in five Rhode Island communities, it was announced by United States Attorney Peter F. Neronha.
The grand jury returned a 13-count indictment … (0 comments)

real estate fraud: Tampa Mortgage Fraud Defendant Sentenced to Prison - 05/26/11 12:10 PM

Mortgage Fraud Defendant Sentenced to Prison
TAMPA, FL-U.S. Attorney Robert E. O'Neill announces that U.S. District Judge Susan C. Bucklew today sentenced Sang Min Kim, a/k/a Sonny Kim (37, Tampa) to 41 months in federal prison for conspiracy to commit wire, mail, and bank fraud and money laundering in connection with a mortgage fraud scheme. As part of his sentence, the court entered a money judgment in the amount of $5,826,778.65, the proceeds of the charged criminal conduct.
Kim pleaded guilty on June 29, 2010. According to court documents, from about January 2005 through October 2008, Kim engaged in numerous … (3 comments)

real estate fraud: Lancaster County Pennsylvania Woman Sentenced to 57 Months In Prison for Fraud - 05/25/11 02:17 PM
Lancaster County Pennsylvania Woman Sentenced for Wire Fraud
Peter J. Smith, United States Attorney for the Middle District of Pennsylvania, announced a Lancaster County woman was sentenced today to 57 months' incarceration following her conviction last September on charges she defrauded a local real estate settlement firm and a national real estate title insurance company out of more than $258,894.
Following a three-day jury trial before U.S. District Court Judge William W. Caldwell in Harrisburg, Shawn Chambers-Galis, age 48, of Mt. Joy, Pennsylvania, was convicted of wire fraud. Testimony at the trial revealed that between 2005 and 2007 Chambers-Galis diverted more … (1 comments)

real estate fraud: Final Defendant Sentenced to 70 Months for Involvement in Large-Scale Mortgage Fraud Ring In Massachusettes - 05/25/11 12:59 PM
Final Defendant Sentenced to 70 Months for Involvement in Large-Scale Mortgage Fraud Ring
BOSTON, MA-Late yesterday, a loan originator, the 12th and final defendant in a large-scale mortgage fraud ring, was sentenced in federal court for his role in fraudulent property transactions that were part of a larger mortgage fraud conspiracy involving 21 property deals and more than $10.6 million in loan proceeds. In February, Appolon was convicted of wire fraud and conspiring to commit wire fraud following a nine-day jury trial.
Ralph Appolon, 30, formerly of Watertown, was sentenced by U.S. District Judge George A. O'Toole, Jr. to 70 … (0 comments)

 
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David Saks

Memphis, TN

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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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