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Week Ending February 3, 2012

Mortgage Fraud News

Case Activity

$2.5 Million Minneapolis Condo Case Yields 3rd Prison Sentence
Feb. 01 -- A Bloomington man was sentenced Tuesday to 50 months in prison for his role in a $2.5 million mortgage fraud involving the sale of condominiums in the Sexton Lofts building in Minneapolis.
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Date Defendants State Amount of Loans Overview Source
Feb. 3 Donald Krause, Richard A. Sand MN $2,000,000 Krause sentenced to 18 months prison and $1.3 million restitution. Sand previously sentenced.
Feb. 3 Quddusa Lynette Anderson, John Woodrow Smith CA Multiple properties Anderson arraigned; Investigators issued felony arrest warrant for Smith. San Bernardino County
Feb. 3 Lionel Alexander, Blake Alexander TX $1,300,000 Lionel sentenced to 78 months prison plus $1,339,305.23 in restitution - $622,879.01 of which is to be paid jointly and severally with Blake Alexander; Blake sentenced to 18 months prison. Department of Justice
Feb. 3 Gerald Cathie PA $3,000,000 Indicted. Department of Justice
Feb. 3 Ronald Nelson, Edith Nelson (4 total) CA $20,000,000 Guilty pleas. Sentencing set for 5/11/12.
Feb. 3 Ivania Filgueiras, Jose Armando Alvarado, Maria C. Alvarado, Reyna Josefina Orts, Alberto Morejon, Carlos Serrano FL $2,000,000 Indictments. Department of Justice
Feb. 3 Michael Hudalla MN $2,200,000 Sentenced to 6 years prison plus $1 million in restitution.
Feb. 3 Jim Hoffman, Teresa Hoffman MN $5,000,000 Guilty pleas.
Feb. 3 Rodney Lavann Giles TX $790,000 Convicted. Department of Justice
Feb. 2 Paulo Montenegro, Rosana Pereira MA $250,000 Indictments. Massachusetts Attorney General
Feb. 2 Jacob D. Shumaker, Adrienne N. Shumaker, Aaron O. Shumaker, Michael K. Coen, Jeffrey R. Dixon, Christine B. Moore OH $2,750,000 Indictments.
Feb. 2 Jeannie Sutherland, Kelly Nunes, Michael Toren NV $2,500,000 Sutherland and Nunes convicted; Toren acquitted. Department of Justice
Feb. 1 James D. Levitt RI $1,100,000 Guilty plea. Sentencing set for 4/19/12. Department of Justice
Jan. 31 Gerald James Greenfield, Nicholas Ryan Delon Smith MN $2,500,000 Greenfield sentenced to 50 months prison and fined $10,000. Smith previously sentenced Department of Justice
Jan. 30 Marlon Baugh FL Multiple properties Sentenced to 12 months and 1 day prison. Department of Justice
Jan. 30 William Troy Goings MO $8,587,893 Pleaded guilty. Department of Justice
Jan. 30 Robinson Dinh Nguyen, David Marshall Crisp, Carlyle Lee Cole, Julie Dianne Farmer, Sneha Ramesh Mohammadi, Jayson Peter Costa, Jeriel Salinas, Michael Angelo Munoz, Jennifer Anne Crisp, Caleb Lee Cole CA Multiple properties Nguyen sentenced to 27 months prison and $433,000 in restitution. Other defendants await trial on 2/27/12. Department of Justice
Jan. 30 Rodger A. Gulledge, Gerri J. Liles, Melissa Gulledge, Lance A. Collins AL Multi-million dollar scheme Rodger Gulledge sentenced to 22 months prison and $738,852.89 in restitution. Liles previously sentenced to 5 years probation and $2.04 million restitution. Collins and Melissa Gulledge await sentencing.

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