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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 March 26, 2010
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Mortgage Fraud News
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Case Activity
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March 26, 2010
AZ Gets $1.7 mil for Mortgage Fraud
Another $1.7 million funds to fight mortgage fraud brings to nearly $8 million the amount distributed from a federal task force budget.
read story at The Arizona Republic
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March 15, 2010
Mortgage Fraud Summit
U.S. Attorney General Eric Holder announced at a mortgage fraud summit that the U.S. Department of Justice is leading an effort to stomp out mortgage fraud.
read full announcement
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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
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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
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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
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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
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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
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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
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| Date |
Defendants |
State |
Amount |
Overview |
News
Publication |
| March 26 |
Calvin Harris |
PA |
multiple transactions |
Indictments. |
FBI.gov |
| March 26 |
Tahmeane Elrod |
TX |
restitution of $338,000 |
18-month sentence. |
www.TylerPaper.com |
| March 26 |
Marina Dubin, Aleksander Lipkin, AGA Capital |
NY |
$11.6 million in losses |
Two 3-year sentences. |
FraudBlogger.com |
| March 25 |
Shawn Anthony, Todd Cerankowski, Andrea Destefanis, Brian Destefanis, Donna Destefanis, Tiffany Gibson, Paul Gosden, Nicki McManis, Anthony Ramsey, Frank Ruggerio, John Scordos, Otelia Simmons, Daniel Spahr, Leroy Steele, Hope Turner, Sonora Turner |
OH |
$12,000,000 |
Indictments. |
Beacon Journal |
| march 25 |
Mark Kiel, Codi McArdle |
MO |
netted $438,048 |
9- and 18-month sentences. |
infozine |
| March 25 |
Marcia L. Ramsey |
VA |
$941,000 |
Guilty plea. |
Associated Press |
| March 25 |
Brad Greenberg |
NC |
na |
Guilty plea. |
Carolina Web |
| March 25 |
Tahmeane Elrod |
TX |
$337,710 in restitution |
18-month sentence |
citybizlist.com |
| March 25 |
Stephen M. Gunther |
VA |
$978,500 |
Guilty plea. |
Associated Press
WAVY
|
| March 25 |
Mark Kiel, Codi McArdle |
KS |
37 transaction |
18- and 24-month sentences. |
kansascity.com |
| March 25 |
Jong Shin |
NJ |
$1,000,000 |
Charged. |
nbc40 |
| March 25 |
Gary T. Johnson |
CT |
$1,300,000 |
Guilty verdict. Flagstar Bank and Greenpoint victim. |
theday.com |
| March 25 |
Shawn Anthony (16 total) |
OH |
$12 mil in losses |
Indictments. |
hudsonhubtimes.com |
| March 24 |
Kasprowicz |
OR |
$170,000 |
Indictment. |
Justice.gov |
| March 24 |
Marshall Craig Scott, Jean Tan Jones, Jeffrey Rubin, Fe V. Tan |
FL |
na |
Guilty conviction. |
FBI
news4jax.com
FirstCoastNews.com
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| March 23 |
Timothy Daniel |
IL |
$750,000 |
Arrest. |
FBI.gov |
| March 23 |
Timothy Daniel |
IL |
$750,000 |
Indictment. |
FBI.gov |
| March 23 |
Evelyn Dick |
FL |
$34,557 |
Arrest in reverse mortgage fraud. |
wptv.com |
| March 23 |
Michael Prieskorn |
MN, WI |
$20,000,000 |
Guilty plea. |
pioneer press
Star Tribune
|
| March 23 |
Kevin E. Murphy, Mary R. Murphy |
OH |
$11,000,000 |
Arraigment scheduled for couple. |
Business First of Columbus
THE COLUMBUS DISPATCH
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| March 23 |
Mark Calhoun, J. Larry Kennedy, Keith Kennedy |
MS |
$9,000,000 |
Guilty conviction. |
clarionledger.com
wapt.com
|
| March 23 |
Stephen Petrovich, Troy Bossert, Tyler Forrey, Ryan O'Brien, Steven Reese |
FL |
$4,200,000 |
Guilty pleas. One of defendants i son of police chief. |
WINK News
news-press.com
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| March 22 |
John Barry, 32 defendants |
TX |
10 homes |
Indictment. |
McKinney Courier-Gazette |
| March 22 |
Terral Toole |
CA |
$4,000,000 |
Guilty plea. |
Associated Press |
| March 22 |
Taya Waldon |
NJ |
$4,700,000 |
Arrest. |
The Star-Ledger
The Record
|
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