home mortgage fraud newsletter full stories advertise mortgage industry newsletter RSS about us
HOT Topics Fraud Resources Fraud Prevention Mortgage Litigation News Appraisal News
twitter linkedin
facebook google+
Mortgage News

Search mortgage fraud news by keyword.

Mortgage Fraud News
News, analysis and statistics about mortgage fraud.

Local Mortgage Fraud
Stories about individual mortgage crime cases.

Mortgage Fraud Statistics
Statics by year about real estate fraud.

Mortgage Fraud Index
Quarterly index based on case activity.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage Fraud Feedget RSS code
The latest case activity tracked by FraudBlogger.com for your Web site or for your RSS reader.

Mortgage Fraud Archives
Archive of FraudBlogger.com entries going back to 2005.

Mortgage Fraud Archives

Week Ending March 26, 2010


Mortgage Fraud News

Case Activity

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
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
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
Date Defendants State Amount Overview News
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


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



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


March 23 Mark Calhoun, J. Larry Kennedy, Keith Kennedy MS $9,000,000 Guilty conviction. clarionledger.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


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

archived case entries back to 2005

read archived blog entries

Mortgage Fraud Litigation

Q4-2012 | Q3-2012
Q2-2012 | Q1-2012

Q4-2011 | Q3-2011
Q2-2011 | Q1-2011

Q4-2010 | Q3-2010
Q2-2010 | Q1-2010

Q4-2009 | Q3-2009
Q2-2009 | Q1-2009

Q4-2008 | Q3-2008
Q2-2008 | Q1-2008

full-year 2007
Red Flags Rule
News about the Fair and Accurate Credit Transaction Act.
Analysis of Fraud Enforcement and Recovery Act
The Mortgage Graveyard
Reverse Mortgage Blog
Mortgage Compliance Newsletter
Free compliance newsletter from MortgageDaily.com.

Copyright © 2014 MortgageDaily.com
MortgageDaily.com Subscribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

pricing engine directory

wholesale lender directory

More Mortgage News Resources (MortgageDaily.com full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan officer compensation rule

loan originator compensation rule


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

sales blog

reverse mortgage news

secondary marketing

servicing news

subprime news

wholesale lenders

wireless mortgage news