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Mortgage Fraud Archives Week Ending April 01, 2011

Mortgage Fraud News

Case Activity

Apr. 1, 2011

U.S. Attorneys in NV Ranks 2nd in Fraud Prosecutions
Federal prosecutors in Nevada -- home to a record number of foreclosures and plummeting home prices -- rank second in the nation for attacking mortgage fraud.
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Mar. 31, 2011

PA Real Estate Agent Indicted
A former York County woman who worked as a licensed real estate agent in Pennsylvania faces charges that she defrauded 14 mortgage lenders, 35 homeowners and five investors in Cumberland, Dauphin, York and Adams counties.
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Mar. 31, 2011

Country Club CEO Used Fraud to Improve Standing
The chairman and CEO of the North Augusta Golf and Country Club pleaded guilty to federal charges Wednesday that he perpetrated a scheme to fund his purchase of the golf club.
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Mar. 31, 2011

NC Lawyer Indicted Over FHA Loans
A former Cumberland County lawyer linked to an alleged mortgage fraud scam was charged Tuesday, two weeks before a codefendant is scheduled to stand trial.
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Mar. 30, 2011

$20 Billion in Fraud During 2010
An analysis of government data released Tuesday suggests that more than $20 billion in mortgage fraud was reported last year. While banks and credit unions filed more reports of mortgage fraud in the fourth quarter, more than two thirds of that fraud happened at least three years ago. The activity represents a strong contrast to the fourth-quarter 2009, when half as many occurrences were that old.
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Mar. 28, 2011

City Leader Pleads Guilty
A longtime member of the White Bear Township board pleaded guilty to mortgage fraud and money laundering today.
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Mar. 28, 2011

CoreLogic Announces Best-in-Class Data Enhancements to ENCORE Report
SANTA ANNA, Calif.-- (March 28, 2011) -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that CoreLogic Credco, the nation's number one provider of merged credit reports, launched an all-new data-enhanced version of ENCORE.
read press release at
Date Defendants State Amount of Loans Overview Source
Apr. 1 Mark Steven Ashmore (4 total) WA $904,000 in restitution Ashmore sentenced.
Apr. 1 Gabriel R. Viramontes, James R. Martin, Mario Fellini III, Joseph S. Gallo CA 19 loans; $8,000,000 Viramontes convicted; guilty pleas from others.
Apr. 1 Patricia Chmura NJ Charged with making and uttering false and altered documents Guilty plea.
Apr. 1 Terrence J. Monahan Jr, Eric D. Duke, Bernard J. Kurlemann, Bryan Sanneman, Francisca Webster, Christopher Gagnon OH $6,700,000 Monahan sentenced to 18 months, $264,000 in restitution, and $5,000 fine. Others indicted.
Mar. 31 Daniel Hagen, Jeffery St. Martin, Edreeysa Ashraf OH $3,100,000 Hagen indicted on 5 counts of mortgage fraud; Martin and Ashraf sentenced earlier.
Mar. 31 Michael Anthony Baker, Monique Untae Stallworth, Sterling Wesley Harris, Koreem Dujuan Baker, Folami Dayo Baker TX $22,000,000 Indictments.
Mar. 30 Fred William Layman III GA $400,000 Guilty plea.
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Mar. 30 Hugo Oliva, Roberto Caro, Sergio Caro, Orlando Dominguez, Ilan Reyes, Manuel Caro FL $886,418.97 in restitution 7-year sentence for Oliva.,
Mar. 30 Joanne M. Seeley PN $2,700,000 Indicted on 10 charges.
Mar. 29 David Joseph Pikul, Eric Omar Jones, Donald Jacob Schiller Sr., Joseph L. Flood III NC 40 loans Pikul indicted; Jones pleading not guilty.
Mar. 29 Shane Rothery MS $907,837 Guilty plea.
Mar. 28 Richard A. Sand, Donald W. Krause, Brenda Epperly MN $2,000,000 Guilty pleas.
Mar. 28 Sadie Stanhope NG, Victor Ng, Richard Winefield, Michael Prieto, Walter Bressler III NH 7 loans for a total of $1,480,000 Guilty plea to federal mail fraud from Stanhope.

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