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Week Ending March 16, 2012


Mortgage Fraud News


Case Activity


3rd Guilty Plea in $11 Million Mortgage Fraud Case
March 14 -- A Lynchburg, Va., man pleaded guilty this morning to submitting a falsified mortgage application as part of an $11 million mortgage fraud scheme in the Smith Mountain Lake area.
read story at MortgageDaily.com
Former Countrywide LO Sentenced to 15 Years
March 12 -- A former Countrywide Financial Corp. loan officer has been sentenced to 15 years in federal prison after pleading guilty to charges related to a nearly $40 million mortgage fraud scheme.
read story at MortgageDaily.com

Date Defendants State Amount of Loans Overview Source
Mar. 16 John J. Borzellino (aka John J. Ross) CA $8,000,000 Sentenced to 60 months prison plus $4.1 million in restitution. FBI.gov
Mar. 16 George Gary O'Neal MD $1,000,000 - $2,500,000 Sentenced to 57 months prison plus 3 years supervised release and forfeiture of $1 million. Restitution hearing scheduled for 5/18/12. Department of Justice
Mar. 16 Aruna Kumari Chopra CA Undisclosed Indicted. Department of Justice
Mar. 16 Crystal Paling, Daniel Verdia, Jaye Miller, Sandra Mainardi, Donald Apolito, Robert Gorman NJ Multiple properties Paling convicted; Verdia, Miller, Apolito, and Gorman pleaded guilty. Mainardi previously sentenced to 46 months prison. Department of Justice
Mar. 15 Bobby Ginn FL Multiple properties Civil complaint filed. PRWeb
Mar. 15 Troy Fouquet LA $2,000,000 Pleaded guilty. Sentencing scheduled for 6/7/12. Department of Justice
Mar. 15 Richard Cartegena, Neil Ferrigno, Bohdan Horbacyzk, Stephen Hecklinger, Shawn Morrison FL At least $2,000,000 Cartegena pleaded guilty. Previous sentences include: Ferrigno to 8 months prison, Horbacyzk to 9 months prison, Hecklinger to 5 years probation, Morrison awaits sentencing on 3/27/12. Department of Justice
Mar. 14 John Wicker MO Undisclosed Sentenced to 24 months prison. Department of Justice
Mar. 14 Tina Crish OH $761,714 Judge approved early release; Crish will serve 5 years probation and pay restitution. LoanSafe.org
Mar. 14 Brian Eads IN $863,096 Sentenced to 30 months prison plus 3 years supervised release, drug treatment, and $863,096 restitution. Wells Fargo a victim lender. MortgageDaily.com
Mar. 14 Nicole G. Hathaway VA $1,000,000 Sentenced to 33 months prison. Freedom Mortgage, Washington Mutual Bank, CitiMortgage, New South Federal Savings Bank, Fannie Mae, Freddie Mac victim lenders. Department of Justice
Mar. 14 Barbara Lynnae Puro, Zack Zafer Dyab, Julia Alexander Rozhansky, Larry Africanus Hutchinson, Jerone Ian Mitchell, Ericvan Anthony McDavid MN $10,000,000 Puro pleaded guilty. Dyab, Alexander, Hutchinson, and Mitchell previously sentenced. McDavid awaits sentencing on 3/30/12. Department of Justice
Mar. 14 Kevin Scott Wiebe, Timothy Brooks, Adam Spruill VA $11,000,000 Guilty plea from Wiebe. Others previously pleaded guily. Department of Justice
Mar. 13 Philip Villasis, Ray D. Gata VA Over $170,000 Guilty plea from Villasis. Gata previously pleaded guily. Department of Justice
Mar. 12 Terry Tonsing Jr. MO $68,000 Sentenced to 1 year and 1 day prison plus 3 years supervised release and $68,000 in restitution. Mehlville-Oakville.Patch.com

archived case entries back to 2005

 
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