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Mortgage Fraud Archives

Week Ending April 22, 2011

Mortgage Fraud News

Case Activity

SC Official Indicted
April 22 -- FORT MILL, S.C. -- A former councilman in South Carolina has been charged along with an accomplice for allegedly lying to get a $1 million mortgage.
read story at MortgageDaily.com
MN Kickback Scheme Nets Criminal Charges
April 22 -- Three Minnesota residents have been charged in a scheme where buyers in a $1.5 billion condominium development were allegedly paid 30 percent kickbacks.
read story at MortgageDaily.com
Fraud Financed Gambling
April 22 -- Several gambling trips were financed from a North Carolina mortgage fraud operation. The jury in the case has returned a guilty verdict against the kingpin.
read story at MortgageDaily.com
Couples Court
April 21 -- TAMPA, Fla. -- Three husband and wife teams and one other person have been arrested in connection with an $8.8 million mortgage fraud scheme. Most of the defendants worked at First Mutual Mortgage, though one of the wives worked at Suncoast Title.
read story at MortgageDaily.com
2 Indicted in FL Case Where 3 Others Already Found Guilty
April 19 -- Two defendants in a Florida mortgage fraud case have been indicted following convictions and guilty pleas by other defendants.
read story at MortgageDaily.com
Another Guilty Plea in $35 Million MN Case
April 19 -- Three years after the the owners of a Minnesota real estate firm plead guilty to a $35 million mortgage fraud scheme, another guilty plea has been extracted.
read story at MortgageDaily.com
Attorney Admits Helping Borrowers With Fraud
April 19 -- A Connecticut has admitted to his role in a mortgage fraud case that defrauded the Federal Housing Administration.
read story at MortgageDaily.com
SunTrust, Countrywide Defrauded
April 19 -- Three more people face felony charges related to real estate fraud in an ongoing federal investigation that has snared mortgage brokers, bankers, sellers, developers and real estate agents along the Grand Strand in Myrtle Beach, S.C.
read story at MortgageDaily.com
Date Defendants State Amount of Loans Overview Source
Apr. 22 Jeffrey L. Levine GA $7,000,000 Sentenced to 5 years. Department of Justice
Apr. 22 Delroy Davy GA $5,504,431 in restitution Sentenced to 14 years. Department of Justice
Apr. 22 Alex P. Soria Washington D.C. $17,000 Indicted. Department of Justice
Apr. 22 Luis A. Gonzalez NY $510,276 Indicted. Law.com
Apr. 22 Paul Lindemann, Michael Keith Hallman SC $979,500 Indicted. MortgageDaily.com
Apr. 21 Christopher Michael Paladino, Patrick Michael Micheletti FL 6 loans Guilty pleas. Department of Justice
Apr. 21 Anthony Buford, Jolie O. Neal OH $2,700,000 Indicted. Cincinatti.com
Apr. 21 Jose Elias Ochoa Jr., Erasmo Ochoa CA $5,400,000 Arrested. Nctimes.com
Apr. 21 Steven J. Kottage, Genaro Hathaway, Mary Jean Durso FL At least $616,547 Guilty plea. Department of Justice
Apr. 21 Blanca Escarcega, Mark Escarcega AZ $344,000 Indicted. MortgageDaily.com (video)
Apr. 21 Eve Rosen FL $7,900,000 Acquitted. Miamiherald.com
Apr. 21 Sheri Lynn Delich, My Dinh Lam, Ashley Elizabeth Prasil MN $4,200,000 Indicted. Department of Justice
Apr. 21 Eric Omar Jones NC $657,000 Convicted. Department of Justice
Apr. 20 Stephanie and William Bolton FL $8,800,000 Arrested. Tampabay.com
Apr. 20 Kevin Powers NM $5,500,000 Convicted. Department of Justice
Apr. 20 Craig Hudson, Lynne Hudson, David Barile, Melissa Holsopple Barile, Eric Rivero FL $8,800,000 Arrested. MortgageDaily.com
Apr. 20 Pleasz Roy Daniels, Eric Paul Wendlandt MI $263,000 Guilty pleas. Mlive.com
Apr 19 Robert Hance MI $8,000,000 Indicted. Department of Justice
Apr. 19 Carlos Vadillo FL More than $2,500,000 Guilty plea. Justice.gov
Apr. 18 Andrew Stoner, Truang Quang Tran, Thanh Van Ngo (5 total) MN $800,000 Guilty plea from Stoner; Tran sentenced to 24 months; Others await sentencing. FBI.gov
Apr. 18 Todd Joyce, Deborah Joyce WV $2,300,000 Sentences: Todd 18 months and $420,000 in restitution; Joyce 46 months. Businessweek.com
Justice.gov
Apr. 18 Mark Gruszecki, Kessler Holzendorf FL $1,300,000 Indicted. MortgageDaily.com
Apr. 18 Joseph Guernsey, Benedict Olberding, Melissa Butterworth SC $1,000,000 Indicted. MortgageDaily.com
Apr. 16 Gayle D. Claus, Jonathan Helgason, Thomas Balko MN $35,000,000 Guilty pleas. FBI.gov

archived case entries back to 2005

 
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