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Mortgage Fraud Newswire
| Last Updated |
Friday, May 29, 2009, |
3:30 PM |
Texas Time |
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Mortgage Fraud News
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Case Activity
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June 24, 2009
Convicted Fraudster Busted for Bigamy
Victor Clavizzao, who had already been convicted of mortgage fraud in a $5 million scheme, married for the fifth time even though he hadn't divorced his first or fourth wives.
read story at the Sun Sentinel
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June 23, 2009
Florida Fraud Fight
Police in Miami-Dade County made fighting mortgage fraud a top priority as early as 2006.
read story at Huffington Post
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June 22, 2009
Fraud Avoidance Tips
Among tips outlined for avoiding mortgage fraud were to be careful what you sign, be wary of direct solicitation and get professional advice.
read story at Examiner.com
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June 17, 2009
First American Acquires Mortgage Fraud Firm
First American CoreLogic announced today the acquisition of BasePoint Analytics LLC -- a firm that specializes in mortgage fraud prevention.
read full story at MortgageDaily.com
Gov Report Gives Safe Harbor on Info Sharing
The Financial Crimes Enforcement Network said financial institutions will be shield from civil liability under the Patriort Act if they share information with each other about crimes such as mortgage fraud.
read full Dow Jones story
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June 16, 2009
Interthinx Appeals to Treasury Secretary
Interthinx outlined key mortgage fraud issues facing the industry in a letter to U.S. Treasury Secretary Timothy Geither and others on Capitol Hill.
read press release
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June 15, 2009
Delaware Forms Fraud Task Force
Delaware's attorney general's office forme a mortgage fraud task force.
read story at The News Journal
Texas AG Discusses Mortgage Fraud
Texas Attorney General Greg Abbott talked about the growing problem of mortgage fraud. He hosted a recent conference that enabled participants, including government agents, the private sector and other organizations -- shared information on attacking mortgage fraud.
read full story at KERA
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June 11, 2009
Busines at Fraud Investigator Soars
Management Resources LTD of New York reported that the 300 fraud investigations it has conducted during the past 12 months is a 100 percent from 2007.
The Monroe, N.Y.-based civil and criminal investigative firm said it reviews data on income, assets and liabilities. It also reviews onsite property inspections
read full announcement
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June 9, 2009
$37 Million Thrown at Fraud Problem
The secretaru of the U.S. Department of Housing and Urban Development told attendees at the National Fair Housing Alliance Conference that the fiscal 2010 budget requests $37 million for an agency-wide initiative to combat mortgage fraud and predatory lending.
read full speech at HUD.gov
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June 8, 2009
Texas AG Holds Fraud Conference
The Texas Attorney General's office is holding a Mortgage Fraud Summit on June 15 at the University of Texas.
read full story at Austin Business Journal
Modesto Mortgage Fraud Team Assembled
The FBI, IRS and Secret Service have joined with local law enforcement officials in Modesto, Calif., to fight fraud in the San Joaquin Valley. In Stanislaus County, 40 mortgage fraud cases are open at any given time.
read story at Modesto Bee
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June 5, 2009
Broker Busted in Murder-for-Hire
While cooperating with federal prosecutors after pleading guilty to a multimillion-dollar mortgage fraud scheme, Mahn Huu "Bruce" Doan, a South Philadelphia mortgage broker, allegedly tried to hire an undercover witness to murder attorney Anthony Quinn, kill a plaintiff in a lawsuit against him and maim another witness.
read full story at Philadelphia Inquirer
Francisco Mortgage Fraud Unit Shrinking
Delaware's attorney general announced the formation of a new Mortgage Fraud Task Force.
read story at the Denver Post
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June 3, 2009
San Francisco Mortgage Fraud Unit Shrinking
The number of investigators in San Francisco's police department has dropped to eight from 19 in 1990.
read article at San Francisco Chronicle
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| Date |
Defendants |
State |
Amount |
Overview |
News
Publication |
| June 26 |
Joel D. Surprenant, Michael Duc Han, Benjamin Lucian Lucescu |
OR |
n.a. |
Defendants charged. |
The Oregonian
Builder
|
| June 25 |
Francis R. Conti |
PA |
losses of over
$1,000,000 |
Guilty plea for former Regal Financial Services employee. |
Builder
Erie Times-News
|
| June 25 |
Hany Bekhit, Moemen Ibrahim, Alaa M. Abouelenein, Dijana Ibrahim, Scott McCann |
DE |
$500,000 |
Arrest in California. |
The Delaware Gazette
NBC 4
|
| June 25 |
Bonnie Sweeten |
PA |
$100,000 |
Defendant's former boss knew nothing about loan from Gelt Financial Corp. in her name. |
Philadelphia Inquirer |
| June 25 |
Danny N. DeGrande, John M. Scherling |
CO |
$1,000,000 |
Indictment for former co-owner of Colorado Ice. |
The Pueblo Chieftain |
| June 24 |
Mayer Goldberger |
NY |
$2,300,000 |
Arrest over forging dead man's signature. |
Newsday |
| June 24 |
Ludford George Thompson, |
NJ |
n.a. |
Applications and income statements falsified to secure loans from Chevy Chase Bank and National City Bank. |
The Star-Ledger |
| June 24 |
Denise Bonfilio, Deborah Kitay |
PA |
n.a. |
Indictment over eight properties. |
The Tribune-Review
|
| June 23 |
Richard Lisnek, LaSalle Title Co., Judy Kien, Alfredo Hilado, Mark Vargo, James Heiland, Brandon Bradford, Vlad Ostromogilsky, Alex Bulmash, Michael Bulmash, Allen Bulmash, Anthony Navickas, Lynn Liskiewicz, Joanne Ruiz, Kenneth Turner, Antoinette Laws |
IL |
$10,000,000 |
Broker and president of American Eagle Mortgage led scam. Also involved were Investment Mortgage Group |
U.S. Department of Justice
The Southtown Star
Wall Street Journal
Associated Press
Daily Herald
|
| June 23 |
Mhde Askar, Mahmoud Saleh, Advar Shaltapour aka 'Eddie Shaltapour,' Manuel Aguilar, Catherine Kirk, Warren McKeithen, Nancy S. Praseuth, Margarita Garcia, David Ibarra |
IL |
$17,200,000 |
Operators of M&M Millennium Management Co. indicted. |
U.S. Department of Justice
The Southtown Star
Wall Street Journal
Associated Press
|
| June 23 |
Lilya Domnenko, Viktor Domnenko, Olanrewaju J. Okulaja, Festus Segbawu, Al Holman, Mhde Askar |
IL |
$3,000,000 |
Countrywide and Washington Mutual defrauded, according to charges. |
U.S. Department of Justice
The Southtown Star
Wall Street Journal
Associated Press
|
| June 23 |
Lawrence A. Luckett |
IL |
$15,000,000 |
CEO of Home Mortgage Inc. charged by U.S. Attorney's Office for more than 450 fictitious loans to GMAC. |
U.S. Department of Justice
The Southtown Star
Wall Street Journal
Associated Press
Daily Herald
|
| June 23 |
Alshawntus Beck, Michelle Parker, Steven Corbett aka 'Al Spann,' Kevin Keller, Jimmie D. Johnson, Otis Robinson III, |
IL |
$3,000,000 |
Mortgage broker among indicted. |
U.S. Department of Justice
The Southtown Star
Wall Street Journal
Associated Press
|
| June 23 |
Mike L. Wilson |
CA |
n.a. |
Ponzi scheme operator accused of forging real estate documents. |
The Tribune |
| June 23 |
Laura Lassiter |
OH |
$1,400,000 |
Former Sunrise Mortgage Co. loan officer pleads guilty. |
The Newark Advocate |
| June 23 |
Thomas Prusik-Parkin |
NY |
$938,000 |
Borrower impersonated his dead mother to get mortgage. |
New York Daily News |
| June 22 |
Taylor, Bean & Whitaker Mortgage Corp. |
US |
settlement of
$9,000,000 |
Settlement with 13 states over fraud on nontraditional loans. |
MortgageDaily.com |
| June 22 |
multiple |
NY |
n.a. |
80 cases have been opened since March by New York's new mortgage and real estate fraud unit. |
Associated Press
New York Daily News
WNYC
|
| June 22 |
Carla Dutro, Maria "Gerlie" Guillermo, Alfred Ulat, Welton Kalani, Audra Palomares |
HI |
n.a. |
Another case filed against defendants affiliated with Accel Mortgage LLC. |
The Honolulu Advertiser
The Honolulu Advertiser
|
| June 22 |
Maria E. Conrad, Gohar Mirza |
DC |
losses of
$3,000,000 |
Indictment in case where E-Star Lending loan officers paid $400 for accountant to create false records. |
Washington Examiner |
archived case entries back to 2005
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Red Flags Rule
News about the Fair and Accurate Credit Transaction Act.
mortgage fraud statistics
analysis of Fraud Enforcement and Recovery Act
The Mortgage Graveyard
Mortgage Compliance & Litigation Newsletter
Free newsletter sponsored by the law firm of Weiner Brodsky Sidman Kider PC. Includes articles about mortgage industry compliance, legal issues and litigation.
download newsletter for free
Reverse Mortgage Blog
News By: MortgageDaily.com
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