Mortgage Fraud Blog for Thursday March 12, 2015

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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...

3 Arrested for Conspiracy Involving $6.7M in Fraudulent Loans

Man Admits Swindling Thousands in Fake Mortgage Assistance Scheme

Former Bank Manager Admits Stealing Identities to Create Bogus Loans

Couple who Fled During Mortgage Fraud Investigation Admit Charges

6 Charged in Loan Modification Scheme

Woman Charged with Submitting Fraudulent Loan Applications to Lenders

Leader of Mortgage Relief Scam Receives 24 Year Prison Sentence

Fugitive Convicted of Running Ponzi Scheme Involving Distressed Properties

Man Sent to Prison for Short Sale Fraud Scheme

Jury Convicts Woman of Using Stolen ID to Obtain HELOC

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
3 Arrested for Conspiracy Involving $6.7M in Fraudulent Loans

Mortgage Fraud Blog.

Ray M. Mubarak, 54, Knoxville, Tennessee, Dianna Mubarak, 52, Knoxville, and Blythe Bond Sanders, III, 35, Norris, Tennessee, were arrested by federal agents for allegedly...

Read the whole entry »

      


Man Admits Swindling Thousands in Fake Mortgage Assistance Scheme

Mortgage Fraud Blog.

Anthony Carta, 53, Detroit, Michigan, has pleaded guilty to seven felonies associated with his formation of a faith-based mortgage assistance scam.

Carta defrauded more than 100...

Read the whole entry »

      


Former Bank Manager Admits Stealing Identities to Create Bogus Loans

Mortgage Fraud Blog.

Linda Sue Newcomb, 63, Madison Heights, Virginia, who was the former manager of the Lynrocten Federal Credit Union, pled guilty in United States District Court for the Western...

Read the whole entry »

      


Couple who Fled During Mortgage Fraud Investigation Admit Charges

Mortgage Fraud Blog.

Aleksandr Kravchenko, 36, and Galina Kravchenko, 35, King County, Washington, who fled to Moldova, Eastern Europe, before being indicted by a federal grand jury for bank fraud...

Read the whole entry »

      


6 Charged in Loan Modification Scheme

Mortgage Fraud Blog.

Six individuals have been charged with violations of federal law in what the indictment alleges was a scheme to market and sell home loan modification services to distressed...

Read the whole entry »

      


Woman Charged with Submitting Fraudulent Loan Applications to Lenders

Mortgage Fraud Blog.

Gabriela Carter, 43, Sacramento, California, is the subject of an eight-count grand jury indictment charging her with bank fraud for allegedly submitting fraudulent loan...

Read the whole entry »

      


Leader of Mortgage Relief Scam Receives 24 Year Prison Sentence

Mortgage Fraud Blog.

Alan David Tikal, 46, the principal operator of a large-scale mortgage fraud/mortgage elimination scheme, was sentenced to 24 years in prison.

In September 2014, Tikal was...

Read the whole entry »

      


Fugitive Convicted of Running Ponzi Scheme Involving Distressed Properties

Mortgage Fraud Blog.

Joel Wilson, 32, Saginaw, Michigan, was convicted by a jury on nine felony charges for his role in an extensive Michigan Ponzi scheme wherein he defrauded hundreds of Michigan...

Read the whole entry »

      


Man Sent to Prison for Short Sale Fraud Scheme

Mortgage Fraud Blog.

Agustin Simon, 53, Patterson, California, was sentenced by U.S. District Judge Lawrence J. O’Neill to 15 months in prison for conspiring to commit bank fraud. Simon was...

Read the whole entry »

      


Jury Convicts Woman of Using Stolen ID to Obtain HELOC

Mortgage Fraud Blog.

Rachel Siders, 39, Roseville, California, was convicted by a federal jury and found guilty of bank fraud, making a false loan application, and committing aggravated identity...

Read the whole entry »

      


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Rainmaker
675,458
CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

Major white collar crime I'd say! 

Mar 11, 2015 06:07 PM #1
Rainmaker
1,571,116
David Saks
(retired) - Memphis, TN

More like ring around the collar Lauren Selinsky 

Mar 11, 2015 06:33 PM #2
Rainmaker
675,458
CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

Busted and rightfully so!! 

Mar 11, 2015 06:35 PM #3
Rainmaker
1,571,116
David Saks
(retired) - Memphis, TN

It's so common that there probably isn't enough room in the prison system for all of the swindlers in the real estate business Lauren Selinsky Perez but they can always make room for ten more.

Mar 11, 2015 07:28 PM #4
Rainmaker
3,301,875
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

As always, thanks for the information....always interesting...have a great Thursday!

Mar 12, 2015 12:11 AM #5
Ambassador
2,302,991
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

David,  It is amazing that so much mortgage fraud is still going on in this day and age.  

Mar 12, 2015 02:27 AM #6
Rainmaker
1,571,116
David Saks
(retired) - Memphis, TN

Thanks Kristin Johnston, Waukesha Realtor 414-254-6647 The crimes and criminals keep piling up. It's nice to see the good guys and gals speaking their minds about the rot-gut in the business.

Mar 12, 2015 02:52 AM #7
Rainmaker
1,571,116
David Saks
(retired) - Memphis, TN

It seems like it gets worse by the day, Belinda Spillman Thanks for reading Rachel's update.

Mar 12, 2015 02:54 AM #8
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Rainmaker
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David Saks

May God Bless You, Always. David
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