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Mortgage Fraud Archives

Week Ending April 13, 2012


Mortgage Fraud News


Case Activity


Dramatic Reduction in Developer's Sentence for Cooperation
April 16 -- Prominent Chico developer Anthony G. Symmes was sentenced today in federal court to a month less than three years in prison on his plea of guilty to conspiracy to commit mail fraud and money laundering in connection with a multimillion-dollar mortgage fraud.
read story at MortgageDaily.com

$1.2 Million Ohio Scheme Nets Prison
April 11 -- Andrew Hill, 34, of Dublin, Ohio, was sentenced in U.S. District Court this week to 24 months in prison for obtaining more than $1.2 million in fraudulent mortgage loans involving investment properties in Portsmouth, then "flipping" the properties and selling them to unqualified buyers. Officials from three federal agencies announced the sentence.
read story at MortgageDaily.com

$125 Million Fraud Case Closing
April 9 -- Hennepin County, Minn., Attorney Mike Freeman said on Thursday that his office is wrapping up a five-year investigation of mortgage fraud involving nearly 500 residential properties and more than $125 million in fraudulent loans.
read story at MortgageDaily.com


Date Defendants State Amount of Loans Overview Source
Apr. 13 Jack Witherspoon Hines AL Undisclosed Pleaded guilty. Department of Justice
Apr. 13 Peter B. Neathery VA $3,300,000 Sentenced to 34 months prison plus 5 years supervised release and $3,384,958 in restitution. Department of Justice
Apr. 13 Anthony G. Symmes, Garret G. Gililland III, Shane Burreson, William Baker, Niche S. Fortune, Kesha Danine Fortune Haynie CA At least $4,000,000 Symmes sentenced to 35 months prison plus 3 years supervised release and forfeiture of $4 million. Haynie previously sentenced. Gililland, Burreson, Baker, and Fortune pleaded guilty and await sentencing. Department of Justice
Apr. 13 Marshall C. Ezell, III GA $630,000 Sentenced to 5 years probation plus $10,000 fine and 150 hours of community service. Attorney General
Apr. 12 Yunio Gonzalez, Jane Soulliere CT $9,000,000 Sentences: Gonzales to 24 months prison plus 2 years supervised release, Soulliere to 21 months prison plus 2 years supervised release and $901,152 restitution. Department of Justice
Apr. 12 Lucilene Guido NJ $5,500,000 Sentenced to 12 months prison plus 3 years supervised release and $1,000 fine. Department of Justice
Apr. 11 Frederick Warren, Dorian Brown, Fritz Bonaventure NY $9,000,000 Guilty pleas. Department of Justice
Apr. 11 Andrew Hill OH $1,200,000 Sentenced to 24 months prison plus 3 years supervised release and $546,665.71 in restitution. MortgageDaily.com
Apr. 11 Michael David Scott MA Multiple properties Real estate license surrendered. BostonGlobe.com
Apr. 10 Maria Logan, Jose Guzman, Maurizio Lancia, Stacey Petro, Angel Urena CT $925,000 Logan sentenced to 24 months prison plus 2 years supervised release and $764,527.44 in restitution. Lancia and Urena previously sentenced. Guzman and Petro await sentencing. Department of Justice
Apr. 10 Howard R. Shmuckler VA Multiple properties Guilty plea. Department of Justice
Apr. 9 Adrian Busby NY Multiple properties Sentenced to 1 year and 1 day prison plus 1 year supervised release. Department of Justice
Apr. 9 Gerard Canino NY $66,000,000 Guilty plea. Department of Justice
Apr. 9 Tony Lieng (aka Ung A. Lieng), Lynn Truong (aka Linh Thi Truong), Jenny Chi Ha (aka Phuong A. Ha), Richard Lieng, Andy Lieng Jr., Shirley Wong (aka Ngoc Li Vuong) CA $654,550 Guilty pleas from Tony Lieng, Lynn Truong, Jenny Ha and Richard Lieng. Wong previously sentenced. Andy Lieng's trial begins May 1, 2012. GreenPoint Mortgage Funding Inc. and American Mortgage Network victim lenders. Department of Justice
Apr. 9 Jennifer Le CA $4,000,000 Sentenced to 3 years probation, 6 months home detention and 300 hours community service. PressTelegram.com

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