| |
|
|
|
|
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.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
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. |
|
|
|
Mortgage Fraud Archives
Week Ending March 19, 2010
|
|
|
|
|
Mortgage Fraud News
|
Case Activity
|
March 15, 2010
SC Fraud "Staggering"
Former U.S. attorney for South Carolina, Reggie Lloyd, said mortgage fraud cases "are staggering right now."
read story from The Greenville News
Foreclosure Mortgage Fraud Rising
A new type of scheme has listing agents form separate partnerships buying foreclosed or short-sale properties from the banks at a huge discount and quickly sell at a big profit.
read story from Modesto Bee
|
March 10, 2010
Detecting Occupancy Fraud
FraudGUARD has been enhanced to detect occupancy fraud as a result of an increase in such schemes.
read full announcement
|
March 7, 2010
SC Among Top-10 Mortgage Fraud Hot Spots
South Carolina has been recognized by the FBI as on of the nation's worst states for mortgage fraud.
read story at GreenvilleOnline.com
|
Feb. 26, 2010
Mortgage Fraud Task Force Busy
A new fraud task force in Merced, Calif., has 20 active investigations going.
read story from Merced Sun Star
|
Feb. 24, 2010
Mortgage Fraud Summit
The first of several events focusing on mortgage fraud was attended today by the U.S. Department of Justice, bank representatives and mortgage lenders.
read story from MortgageDaily.com
|
Feb. 22, 2010
Fraud Prevention Guide Updated
The Federal Financial Institutions Examination Council issued an updated mortgage fraud prevention guide to help examiners understand, identify and detect mortgage fraud schemes.
read story from Bank Info Security
|
Feb. 19, 2010
NY Officials Kick Off Mortgage Fraud Campaign
New York Mayor Bloomberg joined other city officials launched a campaign to combat mortgage fraud.
read story from New York Daily News
|
|
| Date |
Defendants |
State |
Amount |
Overview |
News
Publication |
| March 19 |
Julian James Ruiz III |
OR |
$469,500 in restitution |
61-month sentence. |
Portland Business Journal |
| March 19 |
Ana Monteiro, Aaron R. Dare |
NY |
millions of dollars |
Conviction. |
Times Union |
| March 18 |
Micaiah Pruitt, Jeanelle Richardson, Pierre Sowell, Reginald Davis |
TX |
restitution of $2,458,480 |
71-month sentence. |
KLTV |
| March 18 |
Vance Yukio Inouye, Debbie Aurelio Fagaragan |
HI |
$274,000 in restitution |
5-month sentence. |
KITV 4 News Reporter |
| March 18 |
Joseph Miller, Robert Hofler, Steve Vento, Peter Hartofilis |
FL |
na |
Indictment. Victims include Washington Mutual Bank, FA; First Magnus Financial Corp., Novastar Mortgage Inc. |
WPTV
BizJournal indictment
|
| March 18 |
Natasha Swallows-Feagins, Samuel Dobos , Georgiana Dobos |
AZ |
26 home. |
Guilty plea. |
KPHO |
| March 18 |
Patricia Smith, Jamilah Smith |
NJ |
na |
Indictments. |
FBI Examiner |
| March 18 |
Anthony B. Grant, Antonio B. Grant, Michael D. Holmes, Nathan Seppala, Sandra Kinnunnen |
SC |
33 loans |
Guilty pleas. |
Live 5 News
GreenvilleOnline
Goupstate.com
|
| March 18 |
Tashia Bodden |
RI |
$1,700,000 |
1-day sentence. |
The Associated Press |
| March 17 |
William S. Poff; Humberto A. Reyes-Rodriguez, also known as Tony Reyes; Alexis Ikilikyan, also known as Haikanush Ikilikyan; Micki S. Thompson; Mario A. Marroquin |
WA |
$18,000,000 |
Conviction. |
THE NEWS TRIBUNE
Seattle PI
PRNewswire |
| March 17 |
Harris Poulikidis |
MO |
na |
Arrest. |
FBI
The Associated Press
Kansas Public Radio
|
| March 17 |
Richard Nanan, Mark J. Moncher |
FL |
$3,700,000 |
1-year sentenc for Taylor Bean and Whitaker loss mitigator. |
Orlando Sentinel
Florida RealEstateRama
|
| March 17 |
Carlos Cano, Robyn Colon, Jose L. Colon, Maria L. Lozada |
FL |
$6,000,000 |
Charges filed. |
The Associated Press |
| March 17 |
John Barry, Travis Jones, Allyson Barry, Joy Beckner, Sheri Brower, Julie Hanley, Elaine Powers, Michelle Strickland, Shannon Jensen, Frank Field, Rita Hunter, Andrea Tannahill, Azza Bassiouny, Tim Dreslinski, Jared Gowans, Chris Howard, Kamilla Kirch, Patty Peery, Allison Ridgeway a/k/a Allison Raymond a/k/a Allison Hutsell, Liz Smittle, Daniel Ayers, Debbie Fernie, Anthony Flores, Elizabeth Altizer, Pamela Ford, Josh Melton, William Doug Mitchell, William Barry, Christopher Feagan, Debbie Friedman, Patrick Johnson, Travis Jones, Delisa Kearney, Francis Kearney, Barbara Muzeni, David Muzeni, Kathleen Muzeni, Brett Relander, David Sacco, Ellen Summers, Clarence White |
TX |
$20,000,000 |
Charges filed. |
FBI
The Dallas Morning News
The Dallas Mornings News copy of indictment
CBS 11
KERA
KERA defendant listing
Law.com
|
| March 16 |
40 defendants |
TX |
114 properties |
Arrests. |
THE ENTERPRISE |
| March 16 |
Troy Bossert, Stephen Petrovich, Steven Reese, Tyler Forrey, Ryan O'Brien |
FL |
$4,200,000 |
Plea hearing scheduled. |
Cape Coral Daily Breeze |
| March 16 |
Brett A. Thielen, Nicholas Ryan Delon Smith, Gerald James Greenfield |
MN |
$2,500,000 |
Indictment. |
Shakopee Valley News |
| March 15 |
Rolando Alonzo Cousins, Joy Jackson, Jennifer McCall, Kurt Fordham, Richard Allison |
MD |
$16,000,000 |
Indictment in Metropolitan Money Store case. |
Gazette |
| March 15 |
Nancy Hernandez-Chavez, Noemi Perez Hernandez, Manuel "Manolo" Vargas-Colon, Iris Yadith Ortiz Rodriguez, Eric Samuel Pastrana-Miray, Luis Fernando Capo-Ramos |
PR |
$4,400,000 |
Indictments. |
PRNewswire |
| March15 |
Gregory S. Chew, Richard C. Confer Jr. |
OH |
$17,000,000 |
Convicted. |
Dayton Daily News
WHIO
|
| March 15 |
Mario G. Bernadel |
AZ |
$9,500,000 in losses |
17-year sentence. |
FBI
PRNewswire
Associated Press
|
| March 15 |
Trent Edward Wright, Edward William Farley |
GA |
$2.4 million in restitution |
9-month sentence. |
Access North GA |
| March 15 |
Michael Milan |
MD |
up to $7 mil in losses |
9-year sentence. |
Washington Examiner |
archived case entries back to 2005
|
|
|
|
read archived blog
entries
|
|
|
