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Case Activity


Supreme Court Rules on Mortgage Fraud Restitution
May 5 -- A decision was handed down on Monday by the U.S. Supreme Court on how to quantify restitution in mortgage fraud cases.


Wholesale AE Coached Brokers in Mortgage Fraud
April 30 -- A former account executive at a subprime wholesale lender has been sentenced for her role in a mortgage fraud scheme.


Calif Realtor Admits Role in Mortgage Fraud Case
April 29 -- A Sacramento, Calif., real estate agent pleaded guilty in federal court today to his role in a mortgage fraud scheme.


Huge Mortgage Fraud Case Leaves Much Unresolved
April 28 -- A climactic chapter in Bakersfield, Calif.'s, long-running Crisp & Cole saga may have closed with last week's verdict in the trial of Julie Dianne Farmer, but the larger mortgage fraud case is by no means resolved.


Pair Accused of Netting $500k in Mortgage Fraud Scheme
April 23 -- Two Memphis, Tenn., men have been indicted by a federal grand jury on seven counts related to a mortgage-fraud and identity-theft scheme, officials said Tuesday.


Closing Statements Falsified in Mortgage Fraud Scheme
April 22 -- NEW HAVEN, Conn. -- A federal jury convicted a Farmington man and a Poughkeepsie, N.Y., man on all charges related to a mortgage fraud scheme.


Wolf of Hard Money Convicted of Mortgage Fraud
April 21 -- A University Place, Wash., man who once described himself as "a wolf" for his hardball lending tactics has been convicted in U.S. District Court of lying on federal loan applications and conspiracy to submit fraudulent applications.


LOs Who Lose Licenses Get Licensed in Other States
April 21 -- Mortgage loan originators accused of mortgage fraud in one state are finding that they can still originate loans for borrowers in other states.


6 Years for Woman in $15 Million Mortgage Fraud Case
April 16 -- Former Charlotte, N.C., real estate lawyer Victoria Sprouse, convicted in 2009 in one of the largest mortgage fraud cases in Mecklenburg County's history, was sentenced on Tuesday to more than six years in prison.


Last Sentence Delivered in $15 Mil Mortgage Fraud Case
April 11 -- The case of a $15 million mortgage fraud scheme came to a close today with the final sentencing in the 10-member operation.



Date Defendants State Amount of Loans Overview Source
May 2 Terrence Matthew Brown MO $2,700,000 Convicted. Department of Justice
Apr 30 Henry Thomas Hammond MO $6,250,289 Indicted. Department of Justice
Apr 30 Richard Stromberg PA Multiple properties Indicted. Department of Justice
Apr 29 James Fidel Sotolongo, Stephanie Musselwhite, Ramara Garrett, Christopher Mencis FL $10,000,000 Sotolongo and Musselwhite convicted by jury. Garrett acquitted. Department of Justice
Apr 28 Manuel Herrera, Moctezuma Tovar, Ruben Rodriguez, Jaime Mayorga, Sandra Hermosillo, Christian Parada Renteria, Jun Michael Dirain CA $10,000,000 Herrera pleaded guilty. Department of Justice
Apr 28 Julie Farmer (15 total) CA Multiple properties Defendant's attorneys moved to strike guilty verdicts based on lack of evidence. MortgageDaily.com
Apr 25 Jay Fischer WI $1,000,000 Convicted. Wisconsin DOJ
Apr 25 Princess Rosario, Jose Antigua, Melquisidec Caraballo, Joel Tillett, Jason Boggs PA $456,000 in restitution Rosario sentenced to 5 years probation. MortgageDaily.com
Apr 25 Bonnie Kathleen Kreamer (aka Bonnie Meehan), Niesha Williams, Rhonda Scott, Demetrius Peete, Gregory Green, Emeka Udeze MD $4,800,000 in losses Kreamer sentenced to 51 months. Department of Justice
Apr 25 Jim Sotolongo, Ramara Garrett, Stephanie Musselwhite, Christopher Mencis FL Multiple properties Jury began deliberations. HeadlineSurfer.com
Apr 23 Jim Sotolongo, Ramara Garrett, Stephanie Musselwhite, Christopher Mencis FL Multiple properties Trial continues with FBI agent's testimony. News-JournalOnline.com
Apr 23 Edward Belczak, Janice Verschuren MI $700,000 Indicted. Department of Justice
Apr 22 Johnny Eugene Grivette Jr., Dawn Powers, John Hagener, Christopher Warren, Lee Loomis, Darren Fehst, Peter Woodard, Joseph Gekko, Michael Llamas CA Multiple properties Grivette sentenced to 54 months. Department of Justice
Apr 22 Julie Farmer (15 total) CA Multiple properties Convicted by jury. Department of Justice
Apr 22 Delio Coutinho, Luis Salguero Bedoya, Yazmin Soto-Cruz NJ $2,000,000 Coutinho pleaded guilty. Department of Justice
Apr 21 Cane Mwihava, Nsane Phanuel Ligate, Gladyness Sila, Larry Johnson MD $352,092 in losses Ligate pleaded guilty. Department of Justice
Apr 21 Cane Mwihava, Nsane Phanuel Ligate, Gladyness Sila, Larry Johnson MD $352,092 in losses Mwihava pleaded guilty. Department of Justice
Apr 21 Ramon E. Rios NY Multiple properties Trial began with the defendant being tried in absentia. Suffolk County DA
Apr 21 Emiel Kandi WA $830,000 in restitution Pleaded guilty. Department of Justice
Apr 18 Andrew Constantinou, Jacques Kelly, Menachem Yosef Levitin, Ronald Hutchison, Charles Lesser, Jeffrey Weisman, Genevieve Salvatore, Bradford Rieger, Lawrence Dressler, Kwame Nkrumah NJ Multiple properties Constantinou and Kelly convicted by jury. Department of Justice
Apr 18 Alejandro Matos CA Multiple properties Pleaded guilty. Department of Justice
Apr 16 Marcus Payne, Booker Smith TN $500,000 Indicted. Fifth Third and Citibank victim lenders. Department of Justice
Apr 16 Eli Riesel, Rashmi Airan-Pace, Jordana Ende Tobel, Florenco Luis Tezanos FL $25,000,000 Indicted. PalmBeachPost.com
Apr 15 Victoria Sprouse NC $15,000,000 Sentenced to 6 years. MortgageDaily.com

archived case entries back to 2005

 
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