|
|
|
|
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 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
|
|
|
|
|
|
|
|
