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Mortgage Fraud Archives

Week Ending July 12, 2012

Mortgage Fraud News

Case Activity

Prison Avoided in $1.7 Million Fraud Case
July 12 -- DAYTON, Ohio -- A federal judge on Thursday gave no prison time and told, "Godspeed" to a North Carolina man convicted by a jury of four counts related to defrauding a local bank and the U.S. Small Business Association out of $1.7 million.
read story at Mortgage Daily

Decade in Prison for FL, OH Mortgage Fraud
July 11 -- A federal judge called an Akron, Ohio, man an "economic predator" before sentencing him this week to 10 years in prison for running massive mortgage fraud schemes in Ohio and Florida.
read story at Mortgage Daily

Man Claims to Earn $4 million a year for Mortgage
July 8 -- NORFOLK, Va. -- As the owner of a Virginia Beach company called Biocer, Irfan Jameel reported annual income as high as nearly $4 million. He also once held himself out as a cardiologist.
read story at Mortgage Daily

Date Defendants State Amount of Loans Overview Source
Jul 12 Kimberly Eileen McMillian (aka Kimberly Simmons and Kimberly Simmons McMillian), Glenroy E. Day, Sr. MD $1,000,000 in losses Pleaded guilty. Department of Justice
Jul 12 Rhonda Scott, Emeka Udeze, Shola Risikat Balogun, Niesha Williams MD $2,500,000 in losses Scott pleaded guilty. Department of Justice
Jul 11 Edgar Galdamez MD $515,000 in losses Pleaded guilty. Department of Justice
Jul 11 Jawad "Joe" Quassani, Anita Mathurm, Shirjil "Sean" Qureshi NV Multiple properties Quassani convicted. Department of Justice
Jul 11 Mark R. Dain VA $7,000,000 in losses Pleaded guilty. Department of Justice
Jul 11 Paul David Musgrave OH $1,700,000 in resitution Sentenced to 3 years supervised release.
Jul 10 Michelle V. Mallard (91 total) NC Multiple properties Changed plea from "not guilty" to "guilty" during trial. Department of Justice
Jul 10 Justin Lee Rooks, Michael Thomas Bartlett, Robert Harold Melville, Jr., Anthony Michael Tew NC Multiple properties Sentencing scheduled. Department of Justice
Jul 10 James Thomas Webb, Amy Robinson, Jackie Gale Weaver, Larry Max McDaniel NC Multiple properties Robinson, Weaver, and McDaniel pleaded guilty. Sentencing scheduled for all. Department of Justice
Jul 10 David Lewis Johnson, Arthur Lee Barnes, Jr., Mark Tkac, Mark Thomas Bowe, Lilliana Delia Deiac, Jeffery Scott Taggart NC Multiple properties Johnson, Barnes, Tcak pleaded guilty; Taggart previously sentenced; Bowe indicted; Dieac indicted Department of Justice
Jul 10 Dexter Tirrell Jones, Ricky Lamont Congleton, Phillip Graham Rose, Vincent Maldini, Johnny Ray Peele, Joseph Carl Hollis, Dwayne Thomas Hall, Treshell Mayo Herndon NC $20,000,000+ Indicted. Rose, Jones, Congleton, and Maldini pleaded guilty. Department of Justice
Jul 8 Robert Heckinger AZ $45,055 in restitution Sentenced to 60 months probation.
Jul 8 Kevin Derricott CA $3,430,000 in restitution Sentenced to 20 months. Department of Justice
Jul 8 Jack R. Coppenger, Andrew Norman, Jason Herceg (40+ total) OH $36,000,000 in losses Coppenger sentenced to 10 years. Department of Justice

archived case entries back to 2005

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