Real Estate Fraud Report for May 19, 2014

By
Education & Training with (retired) TN LIC# 290452

Before you even think about committing

a real estate crime click the red button.Real Estate Crimes

 

 

real estate fraud: Grosse Ile Businessman Sentenced in Mortgage Fraud Case - 05/19/14 09:57 AM
Grosse Ile Businessman Sentenced in Mortgage Fraud Case
A Grosse Ile businessman was sentenced today after being convicted at trial of conspiracy to commit wire fraud and wire fraud, announced United States Attorney Barbara L. McQuade.
U.S. Attorney McQuade was joined in the announcement by Paul M. Abbate, Special Agent in Charge of the Detroit, Michigan Office of the Federal Bureau of Investigation.
Sentenced was Richard Dean Woolsey, 42, of Grosse Ile Township, Michigan. Woolsey was sentenced to 90 months by U.S. District Judge Avern Cohn. Judge Cohn also ordered Woolsey to serve three years’ supervised release after his custodial … (0 comments)

real estate fraud: Former Alabama KKK Leader Sentenced to Prison for Cross Burning - 05/16/14 06:38 AM
Former Alabama KKK Leader Sentenced to Prison for Cross Burning and Obstruction of Justice
WASHINGTON—Steven Joshua Dinkle, 28, former exalted cyclops of the Ozark, Alabama chapter of the International Keystone Knights of the Ku Klux Klan (KKK), was sentenced today by Chief U.S. District Judge W. Keith Watkins to serve 24 months in prison to be followed by three years of supervised release for his role in a cross burning in 2009, announced the Justice Department and the U.S. Attorney’s Office for the Middle District of Alabama.
On February 3, 2014, Dinkle pleaded guilty to hate crime and obstruction of … (2 comments)

real estate fraud: Connecticut Man Sentenced for $3.2 Million Mortgage Fraud Scheme - 05/16/14 06:30 AM
Connecticut Man Sentenced to 30 Months in Federal Prison for Role in $3.2 Million Mortgage Fraud Scheme
Deirdre M. Daly, United States Attorney for the District of Connecticut, today announced that DOMINGOS DIAS, 44, formerly of Trumbull and currently residing in Easton, was sentenced yesterday by U.S. District Judge Stefan R. Underhill in Bridgeport to 30 months of imprisonment, followed by three years of supervised release, for his involvement in a mortgage fraud scheme that caused more than $3 million in losses to lenders.
According to court documents and statements made in court, DIAS participated in a conspiracy to fraudulently … (2 comments)

real estate fraud: Two in Chicago Arrested and Charged in Alleged Mortgage Fraud Scheme - 05/15/14 01:44 PM
Two Defendants Arrested and Charged in Alleged Mortgage Fraud Scheme Involving Federal Undercover Investigation
CHICAGO—A West suburban man and a Chicago woman were arrested on federal charges for allegedly engaging in a bank fraud scheme purporting to involve the fraudulent sale of two two-flat apartment buildings in Chicago, federal law enforcement officials announced today. The charges followed a federal undercover investigation of fraudulent mortgage loan transactions.
George Dravilas, 36, of Medinah, and Bridget Hutcherson, 40, of Chicago, were each charged with bank fraud in a criminal complaint filed yesterday and unsealed following their arrests yesterday. Hutcherson was released on her own … (2 comments)

real estate fraud: Grand Rapids Man Sentenced for Mortgage Fraud - 05/15/14 01:40 PM
Grand Rapids Man Sentenced for Mortgage Fraud
GRAND RAPIDS, MI—Seamus P. Dillon, 37, of Ada, was sentenced to two years in federal prison, followed by three years of supervised release, and ordered to pay restitution in the amount of $755,693 after pleading guilty to conspiracy to commit mortgage fraud, U.S. Attorney Patrick Miles announced today. The conspiracy charge alleged that during 2007, Dillon and others defrauded a bank in connection with a mortgage for 2295 Indian Mill Creek Drive NW, in Grand Rapids Michigan. As a result of a series of false statements designed to defraud the lender, Dillon and … (0 comments)

real estate fraud: Man Arrested in Alleged Mortgage Foreclosure Rescue, RE Ponzi Scheme - 05/15/14 01:23 PM
Gloucester County Man Arrested, Charged in Alleged Mortgage Foreclosure Rescue, Real Estate Ponzi Scheme
CAMDEN, NJ—A Gloucester County, New Jersey man is charged with scamming distressed homeowners into giving him their houses and then soliciting fake real estate investments from private investors—secured by those same properties—that netted him more than $3 million in illicit profits, U.S. Attorney Paul J. Fishman announced.
Randy Poulson, 42, of Woolwich Township, New Jersey—the owner and operator of Equity Capital Investments LLC—was arrested this morning by special agents of the Philadelphia FBI. Poulson was arrested on a complaint charging him with mail fraud, which alleges … (2 comments)

real estate fraud: Former Real Estate Developer Pleads Guilty to Defrauding Investors - 05/15/14 01:15 PM
Former Atascadero Real Estate Developer Pleads Guilty to Defrauding Investors in Central Coast-Based Real Estate Fraud Scheme
LOS ANGELES—A real estate developer who formerly resided in Atascadero pleaded guilty today to federal fraud and money laundering charges for bilking investors who put money into Central Coast real estate projects.
Kelly Gearhart, 53, who currently resides in Wadsworth, Ohio, pleaded guilty this morning to two counts of wire fraud and one count of money laundering. Gearhart pleaded guilty before United States District Judge Otis D. Wright, II.
In a plea agreement filed late yesterday, Gearhart admitted that he knowingly and intentionally … (0 comments)

real estate fraud: Real Estate Fraud Report for May 14, 2014 - 05/14/14 07:08 AM
Here's your real estate fraud report for May 14, 2014.
Hundred's of recent real state fraud cases
and press releases from the FBI, Department of Justice
and other sources for your review
Before you even think about
committing a real estate crime
click the red button.
 
Related Links:
 
← Previous 1 2 3 4 5 6 7 8 9 … 89 90 Next →  
(0 comments)

real estate fraud: Mortgage Fraud Blog for May 14, 2014 - 05/14/14 06:59 AM
  Here's the latest from my friend, and great attorney, Rachel Dollar. Mortgage Fraud Blog sends update emails 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: Three Sent to Prison in Bakersfield and Fresno Mortgage Fraud Schemes - 05/13/14 02:17 PM
Three Defendants Sentenced to Prison in Bakersfield and Fresno Mortgage Fraud Schemes
FRESNO, CA—In three separate cases, defendants convicted of carrying out mortgage fraud schemes in Fresno and Bakersfield were sentenced to prison today, United States Attorney Benjamin B. Wagner announced.
Randy Lee Wilkins, 48, of Gilroy, was sentenced to four years and nine months in prison for carrying out a mortgage fraud scheme in Fresno. Wilkins was also ordered to pay $736,965 in restitution. A federal jury found Wilkins guilty in January 2014 of one count of conspiracy to commit wire fraud and bank fraud, three counts of bank … (0 comments)

real estate fraud: Long Island Real Estate Manager Guilty in $96 Million Ponzi Scheme - 05/12/14 09:59 PM
Long Island Real Estate Manager Pleads Guilty in $96 Million Ponzi Scheme
Investor Funds Diverted to Purchase ‘Panoramic View Resort & Residences in Montauk Earlier today, Adam J. Manson, 42, pleaded guilty to conspiracy to commit securities fraud for engaging in a $96 million Ponzi scheme with co-defendant and former investment fund manager Brian R. Callahan. Pursuant to his plea agreement with the government, Manson has agreed to forfeit all unsold units at the Panoramic View beachfront resort and residence development in Montauk, New York, valued in excess of $60 million, and an additional $3.9 million in criminal proceeds. When sentenced … (0 comments)

real estate fraud: Former New York Tax Liens Investment Company Executive Pleads Guilty - 05/12/14 09:54 PM
Former New York Tax Liens Investment Company Executive Pleads Guilty to Role in Bid Rigging Scheme at Municipal Tax Lien Auctions
Investigation Has Yielded 15 Guilty Pleas to Date WASHINGTON—A former New York-based tax liens company executive pleaded guilty today for his role in a conspiracy to rig bids at auctions conducted by New Jersey municipalities for the sale of tax liens, the Department of Justice announced.
Vinaya K. Jessani, of New York City, entered a guilty plea in the U.S. District Court for the District of New Jersey in Newark to felony charges filed today. Under the plea agreement, Jessani … (0 comments)

real estate fraud: Former Ft. Lauderdale Resident Pleads Guilty to Fraud - 05/12/14 07:25 AM
Former Ft. Lauderdale Resident Pleads Guilty to Bank Fraud Using MBC Shell Company to Defraud a Financial Institution
Wifredo Ferrer, United States Attorney for the Southern District of Florida; George L. Piro, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office; and Jose A. Gonzalez, Special Agent in Charge, Internal Revenue Service, Criminal Investigation (IRS-CI), announce that Henry Fecker, III, 60, of Ft. Lauderdale, pled guilty yesterday before U.S. District Judge Robin S. Rosenbaum in Ft. Lauderdale to a superseding information charging him with one count of bank fraud. Sentencing for Fecker is scheduled for July 18, … (0 comments)

real estate fraud: Real Estate Fraud Report for May 12, 2014 - 05/12/14 07:19 AM
 
Related Links:
 
← Previous 1 2 3 4 5 6 7 8 9 … 89 90 Next → … (0 comments)

real estate fraud: Mortgage Fraud Blog Report for May 9, 2014 - 05/09/14 02:13 PM

Mortgage Fraud Blog sends update emails 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. Here's the latest from Rachel Dollar. Copyright 2004-2014 Rachel M. Dollar … (6 comments)

real estate fraud: Stamford Man Admits Role in Mortgage Fraud Scheme - 05/09/14 01:53 PM
Stamford Man Admits Role in Mortgage Fraud Scheme
The United States Attorney for the District of Connecticut announced that Taimur Aurora, 40, of Stamford, waived his right to indictment and pleaded guilty today before Chief U.S. District Judge Janet C. Hall in Bridgeport to conspiring to defraud financial institutions through an extensive mortgage fraud scheme that involved dozens of properties in Fairfield County.
According to court documents and statements made in court, between 2005 and 2013, Aurora participated in a mortgage fraud conspiracy that involved the purchase of numerous single and multi-family properties, primarily in Bridgeport and Stamford. As part of … (2 comments)

real estate fraud: Businessman Pleads Guilty to Federal Kickback Scheme - 05/07/14 11:19 AM
Hattiesburg Businessman Pleads Guilty to Federal Kickback Scheme
HATTIESBURG, MS—Local businessman and former Hattiesburg Fire Chief T.L. Pittman, Jr., 82, pled guilty today in U.S. District Court to a kickback scheme that defrauded the U.S. Department of Agriculture, announced U.S. Attorney Gregory K. Davis, FBI Special Agent in Charge Daniel McMullen, and Special Agent in Charge Mary L. Lewis of USDA Office of Inspector General.
A federal criminal bill of information was filed against Pittman on May 1, 2014, charging him with one count of theft of government funds. Pittman is scheduled to be sentenced by U.S. District Judge Keith … (0 comments)

real estate fraud: Woman Convicted in Mortgage Fraud Scheme - 05/07/14 11:16 AM
Accountant Convicted in Mortgage Fraud Scheme
   
LAS VEGAS—Following a five-day jury trial, a licensed accountant was convicted today of conspiracy and fraud charges for participating in a mortgage fraud scheme in southern Nevada and causing approximately $1.6 million in losses to federally insured financial institutions, announced Daniel G. Bogden, United States Attorney for the District of Nevada.
Carmen Denise Mosley, 43, of Granada Hills, California, was convicted of one count of conspiracy to commit bank fraud and wire fraud and two counts of bank fraud. Mosley is scheduled to be sentenced on August 5, 2014, and faces up to … (0 comments)

real estate fraud: Man Indicted for $6.2 Million Fraud Schemes - 05/05/14 12:27 PM
Former Liberty Man Indicted for $6.2 Million Fraud Schemes
KANSAS CITY, MO—Tammy Dickinson, United States Attorney for the Western District of Missouri, announced today that a former Liberty, Missouri man has been indicted by a federal grand jury for a $6.2 million series of investment fraud schemes.
Henry Thomas Hammond, 57, of Ponte Vedra Beach, Florida, formerly of Liberty, was charged in a 12-count indictment returned under seal by a federal grand jury in Kansas City, Missouri, on Wednesday, April 30, 2014. The indictment was unsealed and made public today upon Hammond’s arrest and initial court appearance in Florida.
Hammond … (0 comments)

real estate fraud: Real Estate Investment Partner Indicted for Alleged Fraud - 05/04/14 12:18 AM
Real Estate Investment Partner Indicted for Allegedly Cheating at Least 50 Mostly Chicago-Area Investors of $10 Million
CHICAGO—A former Chicago-area real estate investment partner was indicted on federal charges alleging that he fraudulently obtained more than $10 million from more than 50 investors, many of whom lived in the Chicago area, and misused the funds he obtained from them as well as lenders. The defendant, MATTHEW STOEN, was a founder of Stone Rose, LP, and effectively was its managing general partner.
Stoen, 35, of Wayzata, Minnesota and formerly of St. Charles and Chicago, was charged with four counts of mail … (2 comments)

   

 

 

 

Posted by



David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
International International International
Groups:
Active Rain Newbies
Realtors®
Posts to Localism
Dedicated Bloggers
Addicted to Active Rain
Tags:
real estate fraud

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,570,710

David Saks

May God Bless You, Always. David
*
*
*
*
Spam prevention

Additional Information