|
|
|
|
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 April 08, 2011
|
Mortgage Fraud News
|
Case Activity
|
Apr. 8, 2011
Fraud Trial Begins for NM Mortgage Broker
A New Mexico mortgage broker is on trial over allegations he helped borrowers and home sellers deceive lenders. The broker, meanwhile, claims he was only helping people achieve the dream of homeownership.
read story at MortgageDaily.com
|
Apr. 7, 2011
Appraiser Sentenced to Nearly 4 Years
CHARLESTON, W.Va. -- An appraiser will spend nearly four years in prison for inflating apprisals in a scheme that cost lenders $2.3 million.
read story at MortgageDaily.com
|
Apr. 6, 2011
Brothers Cop a Plea in $1.3 Mil Fraud Scheme
Two brothers covered the bases in a Jacksonville mortgage fraud scheme that prosecutors contend duped lenders into making $1.3 million in shaky home loans.
read story at MortgageDaily.com
|
Apr. 5, 2011
PA Mortgage Broker Sentenced
A tearful mortgage broker apologized at his sentencing for making his six-year-old son have to visit him in prison. The prosecutor suggested that he should be apologizing to children who were evicted through foreclsosure from homes that their parents couldn't afford in the first place.
read story at MortgageDaily.com
|
Apr. 5, 2011
Closing Arguments in Connecticut Case
Closing arguments in the case of a painting contractor were delivered after nearly a month of trying the case. The defendant claims that he was just a pawn in a multi-million dollar mortgage fraud scheme orchestrated by his nephew. But federal prosecutors paint the defendant as a central player.
read story at MortgageDaily.com
|
|
| Date |
Defendants |
State |
Amount of Loans |
Overview |
Source |
| Apr. 8 |
Michael John Bell, James Merritt Eaton, Brian Chandler Eaton |
CA |
Multiple properties |
Sentences: Bell 3 years probation plus restitution; James Eaton 6 months prison and 3 years probation; Brian Eaton 6 months prison and 3 years probation. |
newportbeach.com |
| Apr. 8 |
Salvatore DiBenedetto |
IL |
$2,500,000 |
Indicted. |
Realestaterama.com |
| Apr. 8 |
Kevin Powers |
NM |
17 counts of wire fraud |
Trial begins. |
MortgageDaily.com |
| Apr. 7 |
Thomas Gallagher, Kenneth Perkins, Rab Nawaz, David Avigdor, Wendy Werner |
CT |
$10,000,000 |
Trial on hold until Monday. |
Norwich Bulletin, Justice.gov |
| Apr. 7 |
Alan Weitz, Daniel Scala (5 total) |
FL |
More than $1,000,000 |
Convicted of grand theft. |
Bizjournals.com |
| Apr. 6 |
Deborah Joyce, Todd Joyce |
WV |
$2,300,000 |
Deborah Joyce sentenced to almost 4 years. |
Justice.gov
MortgageDaily.com |
| Apr. 6 |
Allen S. Provencal, Larry M. Provencal |
FL |
$1,300,000 |
Guilty pleas. |
MortgageDaily.com |
| Apr. 6 |
Bernard J. Kurlemann, Eric Duke, Bryan Sanneman, Terrence J. Monahan Jr., Pam Sanneman, Christopher Gagnon, Francisca Webster |
OH |
$3,500,000 |
Kurlemann sentenced to 2 years; Duke sentenced to 60 months; Monahan sentenced to 18 months. |
Middletownjournal.com
Justice.gov |
| Apr. 5 |
Mary L. Francois |
LA |
$2,300,000 |
Guilty plea. |
Chron.com |
| Apr. 4 |
Pamela Williams, Patricia Johnson |
IL |
$500,000 |
Blind guilty pleas. |
Dupageco.org |
| Apr. 4 |
Randy Berger, Elleni Berger |
PA |
$1,000,000 |
Randy Berger sentenced to 31 months immediately after Elleni Berger's sentence has been served. |
Justice.gov
MortgageDaily.com |
| Apr. 4 |
Lee Bentley Farkas |
FL |
$1,900,000,000 |
Trial begins. |
Justice.gov
Washingtonpost.com |
archived case entries back to 2005
|
|
|
|
|
|
|
|
