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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Apr. 22 Paul Lindemann, Michael Keith Hallman SC $979,500 Indicted.
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.
Apr. 21 Jose Elias Ochoa Jr., Erasmo Ochoa CA $5,400,000 Arrested.
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. (video)
Apr. 21 Eve Rosen FL $7,900,000 Acquitted.
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.
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.
Apr. 20 Pleasz Roy Daniels, Eric Paul Wendlandt MI $263,000 Guilty pleas.
Apr 19 Robert Hance MI $8,000,000 Indicted. Department of Justice
Apr. 19 Carlos Vadillo FL More than $2,500,000 Guilty plea.
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.
Apr. 18 Todd Joyce, Deborah Joyce WV $2,300,000 Sentences: Todd 18 months and $420,000 in restitution; Joyce 46 months.
Apr. 18 Mark Gruszecki, Kessler Holzendorf FL $1,300,000 Indicted.
Apr. 18 Joseph Guernsey, Benedict Olberding, Melissa Butterworth SC $1,000,000 Indicted.
Apr. 16 Gayle D. Claus, Jonathan Helgason, Thomas Balko MN $35,000,000 Guilty pleas.

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