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Week Ending January 25, 2012


Mortgage Fraud News


Case Activity


Sentencing in 4-State, $20 Million Mortgage Fraud Scheme
Jan. 25 -- PENSACOLA, Fla. -- Lonett Rochell Williams, 47, Woodland Hills, Calif., was sentenced to 10 years in prison this week for conspiracy to commit mail fraud, conspiracy to commit money laundering, and six substantive counts of mail fraud, federal prosecutors wrote in a news release.
read full story at Mortgage Daily


Accountant Indicted in $20 Million Mortgage Fraud Case
Jan. 25 -- A Montgomery County, Pa., man has been indicted in what federal authorities on Thursday termed a massive mortgage-fraud conspiracy involving more than $20 million.
read full story at Mortgage Daily


Indictment Unsealed in $4.5 Million Mortgage Fraud Case
Jan. 21 -- A Riva, Md., woman is among six people indicted last week by a federal grand jury for conspiracy in a $4.5 million mortgage fraud scheme, the U.S. attorney for the District of Maryland announced.
read full story at Mortgage Daily


Mortgage Fraud Defendant Gets Prosecutor's Help in Sentencing
Jan. 21 -- NORTH MYRTLE BEACH, S.C. -- Prosecutors have asked a federal judge to reduce the prison sentence for Tommy Hix -- who pleaded guilty in 2010 to mail fraud charges related to the failed Bahama Island condominium project here -- saying his cooperation has been vital in their indictment and upcoming prosecution of the alleged mastermind behind the condo scam that cost investors nearly $5.5 million.
read full story at Mortgage Daily


Guilty Plea for Banker, Developer in Mortgage Fraud Case
Jan. 21 -- EASLEY, S.C. -- A local banker and developer pled guilty to conspiracy to commit bank fraud on Wednesday after a scandal that spanned from 2006-2008.
read full story at Mortgage Daily



Date Defendants State Amount of Loans Overview Source
Jan. 25 Lonett Rochell Williams FL $20,448,767 Sentenced to 10 years. MortgageDaily.com
Jan. 25 Kenneth H. DiPasquale, Lyle C. Williams VA $320,000 in illegal proceeds DiPasquale pleaded guilty. Department of Justice
Jan. 24 Rebecca L. Konsevick, Sirewl Cox MA Multiple properties Konsevick sentenced to 30 months. Department of Justice
Jan. 24 Arthur R. Seaborne FL $4,269,887 forfeiture Sentenced to 5 years. Department of Justice
Jan. 24 Daniel Chartraw CA $3,639,448 in losses Pleaded guilty. Department of Justice
Jan. 24 Adam Lacerda, Ashley R. Lacerda, Ian Resnick, Steven Cox, Francis Santore, Joseph Diventi, Alfred Giordano, Brian Corley, Joseph Saxon, Genevieve Manzoni NJ $3,000,000 in losses Indicted. Department of Justice
Jan. 24 Jose Luis Salguero Bedoya (aka Jose Salguero), Paul Chemidlin, Delio Coutinho, Joseph DiValli, Christopher Ju, Carmine Fusco, Jose Martins, Yazmin Soto-Cruz (aka Yazmin Soto), Kenneth Sweetman NJ $10,000,000 Arrested. Department of Justice
Jan. 22 Raquel DeJesus Martinez, Andres Mendez, Sr., Andy Mendez, Josephine Santana, Jose Arnaldo Rosario, Jose Rafael Martinez, Basilio Gomez FL $4,936,714 in restitution Martinez sentenced to 24 months. Department of Justice
Jan. 22 Hoda Samuel CA $5,500,000 in losses Convicted. Department of Justice

archived case entries back to 2005

 
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