Mortgage Fraud Blog for June 18, 2014

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Education & Training with (retired) TN LIC# 290452
https://activerain.com/droplet/4sYY
Mortgage Fraud Blog sends me an update email once per week.
 
 
And I'll pass it on to you so you can see who the criminals are in the real estate business and the crimes they commit.
 
Some of them have been, and still are, ActiveRain Members.
 
The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting
 
Rachel Dollar

Rachel Dollar is a California attorney who represents lenders in mortgage related litigation. She is a shareholder at Smith Dollar PC. Ms. Dollar is a nationally recognized speaker, is licensed to practice law in California and maintains offices in Santa Rosa, California.

Mortgage Fraud Blog is sponsored by Smith Dollar PC and Rachel Dollar Risk Management, Inc.

Mortgage Fraud Blog | Mortgages and fraud and the law, oh my! - 10 new articles

In This Issue...

Man Jailed for Using Stolen Identities and Credit Information to Defraud Lenders

Man Jailed for Using Falsified Tax Documents to Qualify for Mortgages

Man Admits Recruiting Straw Buyers to Fraudulently Obtain Mortgages

Real Estate Lawyer Cleared of Mortgage Fraud Charges

Man Sentenced for Stealing Real Estate Investment Funds

Ringleader Sentenced to 8 Years in Prison for Ripping Off Lenders

Former Bank Employee Sentenced for Creating More than 58 Fictitious Loans

Physician-Businessman Convicted of Mortgage Fraud

Loan Broker and Attorney Admit Ripping off Real Estate Investors

2 Indicted for Defrauding Potential Home Buyers

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
Man Jailed for Using Stolen Identities and Credit Information to Defraud Lenders

Mokorya Cosmas Wambura, 41, Takoma Park, Maryland, was sentenced by Chief U.S. District Judge Deborah K. Chasanow to five years in prison followed by five years of supervised release for conspiring...

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Man Jailed for Using Falsified Tax Documents to Qualify for Mortgages

David E. Robert, 42, Madison, Wisconsin, was sentenced on June 12, 2014, by U.S. District Judge Barbara B. Crabb to six months in federal prison, a $1,000 fine, and two years of supervised release...

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Man Admits Recruiting Straw Buyers to Fraudulently Obtain Mortgages

Asm Afsary, 41, Stamford, Connecticut, waived his right to indictment and pleaded guilty before Chief U.S. District Judge Janet C. Hall to conspiring to defraud financial institutions through an...

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Real Estate Lawyer Cleared of Mortgage Fraud Charges

Ralph Pecorale, Long Island, New York, a real estate lawyer, has been cleared of mortgage fraud charges after a Brooklyn, New York, Supreme Court judge dismissed an 18-count indictment against him,...

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Man Sentenced for Stealing Real Estate Investment Funds

Marvin Solis, 30, Richmond, California, was sentenced on June 11, 2014, to 27 months in prison and ordered to pay restitution for a real estate investment fraud scheme he perpetrated against his...

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Ringleader Sentenced to 8 Years in Prison for Ripping Off Lenders

Rosa Fernandez, 38, Camarillo, California, was sentenced by United States District Court Judge John A. Kronstadt to 97 months in federal prison for her involvement in a mortgage fraud scheme. ...

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Former Bank Employee Sentenced for Creating More than 58 Fictitious Loans

Sondra Tredaway, 65, Mission, Texas, a former bank officer with Texas State Bank has been ordered to federal prison for defrauding her former employer to the tune of approximately $2.4 million. The...

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Physician-Businessman Convicted of Mortgage Fraud

Irfan M. Jameel, 51, Virginia Beach, Virginia, was convicted by a federal jury on charges of wire fraud, bank fraud, and use of a false Social Security number in connection with obtaining $5.375...

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Loan Broker and Attorney Admit Ripping off Real Estate Investors

Mervyn A. Phelan, Sr., 74, Newport Beach, California, and Gregory E. Grantham, 56, Oceanside, California, pleaded guilty to conspiracy, wire fraud and obstruction of justice for their roles in a real...

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2 Indicted for Defrauding Potential Home Buyers

Keith Anthony, 46, Elmont, New York, the former President and owner of a company that purported to provide financing for home purchases to people with poor credit, and a former employee of the...

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Copyright 2004-2014 Rachel M. Dollar
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David Saks



Time&Temp Memphis

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 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.

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Ambassador
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

David, thank goodness, I haven't come across any of these individuals.  Thanks for sharing.

Jun 18, 2014 01:22 AM #1
Rainmaker
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David Saks
(retired) - Memphis, TN

Thank you, Silvia.

Jun 18, 2014 08:35 AM #2
Anonymous
Jason


Lovely post David, always got to keep on top of fraudsters!

http://www.mortgageexpresscontactnumber.co.uk/

Jun 25, 2014 10:43 PM #3
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