Mortgage Fraud Blog for August 20, 2014

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Education & Training with (retired) TN LIC# 290452
 
 
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The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com.
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...

CPA and Wife Sentenced for Their Roles in the Crisp & Cole Mortgage Fraud Scam

Its Prison Time for 4 Mortgage Fraudsters

Five Indicted for Illegal Property Flipping Scheme

Real Estate Developer and Broker Plead Guilty to Mortgage Fraud Scheme

Bank Manager Sentenced for Using Stolen Identities to Obtain Loans

Former Sales Manager Jailed for Mortgage Fraud

Straw Buyer Recruiter Pleads Guilty

Woman Arrested in Connection with Loan Modification Fraud

Woman Charged with Defrauding Lenders Using Forgery, False Documents and Inflated Purchase Prices

Man Jailed for Using Fake Documents to Defraud Fannie Mae, Freddie Mac and HUD

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
CPA and Wife Sentenced for Their Roles in the Crisp & Cole Mortgage Fraud Scam

Kevin Patrick Sluga, 60, and his wife, Leslie Sluga, 57, Bakersfield, California, have been sentenced for their roles in the Crisp & Cole mortgage fraud scheme wherein the defendants and other...

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Its Prison Time for 4 Mortgage Fraudsters

Jarrod Jamiel Williams, 35, McKinney, Texas, Christopher Davis Allen, 42, and his ex-wife, Cheryl Renee Allen, 51, both of Dallas, Texas, Arzonda Murchison, 43, Dallas, and Aaron Robert Martell,...

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Five Indicted for Illegal Property Flipping Scheme

Nathan Smith, Patrick Steven, Jason Springer, Rick Makohoniuk, and Jerod Hogan, have each been indicted and charged with bank fraud based on their participation in an alleged fraudulent property...

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Real Estate Developer and Broker Plead Guilty to Mortgage Fraud Scheme

Luis Michael Mendez, 44, and Wilkie Perez, 39, both of Miami, Florida, pleaded guilty to participating in a mortgage fraud scheme involving the sale of condominium units to straw buyers in the ...

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Bank Manager Sentenced for Using Stolen Identities to Obtain Loans

Eva Barroso, 54, Broken Arrow, Oklahoma, a former manager of a credit union was sentenced to serve 27 months for each count of bank fraud and tax evasion for fabricating at least three false loans in...

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Former Sales Manager Jailed for Mortgage Fraud

Roger Dean Bailey, Jr., 41, Hickory, North Carolina, was sentenced to 30 months in prison for his role in a mortgage and consumer fraud conspiracy involving manufactured and modular homes.  From...

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Straw Buyer Recruiter Pleads Guilty

Wasseem Shamoun pleaded guilty to conspiracy to commit bank fraud in the U.S. District Court for the Eastern District of Michigan for his role in a scheme wherein he and his co-conspirators purchased...

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Woman Arrested in Connection with Loan Modification Fraud

Fiorella Sophia Tealdo, 47, Las Vegas, Nevada, was arrested in connection with a mortgage lending fraud scheme in which three victims paid up-front fees ranging from $1,800 – $4,210 toward...

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Woman Charged with Defrauding Lenders Using Forgery, False Documents and Inflated Purchase Prices

Brenda Wood, 45, Leavenworth, Kansas, a business owner, has been indicted on federal bank fraud charges for allegedly forging the signature of a second mortgage holder thereby releasing a deed,...

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Man Jailed for Using Fake Documents to Defraud Fannie Mae, Freddie Mac and HUD

Manjur Alam, 47, Wichita, Kansas, was sentenced to six years in federal prison for a mortgage fraud scheme wherein he submitted false verification of rent and submitted a false letters of credit to...

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David Saks



Time&Temp Memphis

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Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

David: There is no question that there are still those in the industry who think they can get away with this type of thievery. White collar crime used to be tough to prosecute; no longer today. Thanks for sharing!

Aug 19, 2014 11:58 PM #1
Rainmaker
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David Saks
(retired) - Memphis, TN

Thank you, Norman. Hope you're having a fine week.

Aug 20, 2014 02:24 AM #2
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