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Search mortgage fraud news by keyword.
News, analysis and statistics about mortgage fraud.
Stories about individual mortgage crime cases.
Statics by year about real estate fraud.
Quarterly index based on case activity.
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The latest case activity tracked by FraudBlogger.com for your Web site or for your RSS reader.
Archive of FraudBlogger.com entries going back to 2005. |
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Mortgage Fraud Archives
Week Ending January 20, 2012
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Mortgage Fraud News
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Case Activity
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Florida Real Estate Agent Pleads Guilty in $5 Million Case
Jan. 18 -- Parkland Real Estate agent David Lam, 42, pled guilty Tuesday in federal court to charges of conspiracy to commit mail and wire fraud and conspiracy to commit money laundering in relation to a home sales scheme in Wellington's Versailles community.
read story at MortgageDaily.com
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$0.9 Million Property Financed for $1.9 Million
Jan. 18 -- A 2007 real-estate scam involving a Sugarloaf Key home put two former property professionals from Miami-Dade County in the Keys jail last week.
read story at MortgageDaily.com
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Overview of Mortgage Fraud
Jan. 18 -- Colorado ranks eighth among states as a mortgage fraud hot spot, a FBI agent specializing in white-collar crime told members of the Southern Chapter of the Colorado Mortgage Lenders Association on Tuesday.
read story at MortgageDaily.com
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Florida Scam Involved $8.7 Million in Loans
Jan. 18 -- PANAMA CITY BEACH, Fla. -- According to the federal indictment, the alleged scam worked like this:
read story at MortgageDaily.com
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Feds, States Stomp Out Foreclosure Rescue Services
Jan. 18 -- Federal regulators, including the Consumer Financial Protection Bureau, are going all out to put a halt to firms that collect hefty fees while their clients still lose their homes.
read story at MortgageDaily.com
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Appraiser Used IDs of Other Appraisers
Jan. 16 -- An Ohio appraiser will spend four years in prison over admittedly using the identities of other appraisers on inflated reports.
read story at MortgageDaily.com
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33 Months for 3-Year Scheme
Jan. 16 -- A Bethesda man was sentenced Thursday to 33 months in prison followed by three years of supervised release for two counts of mail fraud connected to a mortgage scheme that defrauded lenders, family members and others, the Maryland U.S. Attorney's Office reported.
read story at MortgageDaily.com
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2-Year Sentence for Mortgage Broker
Jan. 16 -- A Jacksonville mortgage broker received a two-year prison sentence Thursday and has to reimburse his victims $1 million.
read story at MortgageDaily.com
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| Date |
Defendants |
State |
Amount of Loans |
Overview |
Source |
| Jan. 20 |
William "Ondra" Joel, Maurice Vernon, Both Elton Lassiter, Jill Jackson |
FL |
$1,800,000 |
Joel and Vernon convicted. Sentencing hearing set for 4/16/12. Lassiter and Jackson previously pleaded guilty. |
Department of Justice |
| Jan. 20 |
Anayansi B. Perez, Alba Fito, Sacha Rodriguez |
FL |
$1,900,000 |
Perez indicted. Fito and Rodriguez previously charged. |
KeysNet.com |
| Jan. 20 |
Warren Jackson, Yolanda King |
IL |
$350,000 |
Indicted. |
WLSAM.com |
| Jan. 20 |
Tyler Fitzsimons |
OR |
Multiple properties |
Will change plea from "Not Guilty" to "Guilty". |
MortgageDaily.com |
| Jan. 20 |
Norton Helton, Charles White, Felicia Ford |
IL |
Multi-million dollar scheme |
Helton sentenced to 15 years prison plus $3.2 million in restitution. White and Ford previously sentenced. |
Department of Justice |
| Jan. 19 |
Louisa Katrina Dubinsky |
CA |
$500,000 |
Guilty plea. Sentencing set for 2/8/12. |
SantaCruzSentinel.com |
| Jan. 19 |
Lesley Carol Beene |
TX |
At least $300,000 |
Convicted. Cypress Bank a victim lender. |
Department of Justice |
| Jan. 19 |
Philip Villasis, Ray D. Gata |
VA |
Multiple properties |
Indicted. |
Department of Justice |
| Jan. 19 |
John Voloshin |
CT |
$1,500,000 |
Guilty plea. Sentencing scheduled for 4/5/12. |
Department of Justice |
| Jan. 19 |
Daniel Douglas Boler, Susanne Eileen Mathis |
MN |
$7,000,000 - $20,000,000 |
Guilty pleas. |
Department of Justice |
| Jan. 18 |
James Ober, Wendy Ober |
MN |
$10,000,000 |
James pleaded guilty. |
HudsonStarObserver.com |
| Jan. 18 |
Raymond Foakes |
CA |
Multiple properties |
Sentenced to 70 months prison and $1,085,000 in restitution. |
Department of Justice |
| Jan. 18 |
Robert Ilunga, Winston Shillingford, Marleen Shillingford |
CT |
$7,000,000 |
Guilty pleas. |
Department of Justice |
| Jan. 18 |
Maurice Bates, Alan Nathan, Joann Walter, Jill Beth Newman Zuravel, Meredith King |
FL |
$8,700,000 |
Indicted. |
MortgageDaily.com |
| Jan. 17 |
Kenneth McGavitt |
PA |
$4,000,000 |
Sentenced to 57 months prison plus $3 million in restitution. |
Department of Justice |
| Jan. 17 |
Guillermo Laureiro, Alex Gambini |
PA |
$1,000,000 - $2,500,000 |
Laureiro sentenced to 5 months prison plus 3 years supervised release and $4,000 fine. Gambini previously sentenced. |
Department of Justice |
| Jan. 17 |
David Lam, Carl Alexander, Carol Asbury, Patrick Brinson, Pamela Higgins, Victoria Wilson |
FL |
$15,000,000 |
Guilty plea from Lam. Others previously sentenced. |
Department of Justice |
archived case entries back to 2005
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