July 31, 2009
Judge Accused of Bias in Foreclosure Case
A loan closed by Centex Home Equity Corporation, which now operates as Fortress Investment Group LLC subsidiary Nationstar Mortgage LLC, is at the center of allegations of bias by borrower Sun-Ming Sheu.
read full story at Black Star News
|
July 28, 2009
218 South Floridians Charged Since 2007
Since launching a federal-state mortgage fraud initiative in September 2007, 218 people have been in schemes involving more than $268 million.
read Associated Press story
|
July 27, 2009
Miami-Dade 2nd Highest in Fraud Reports
With 5,155 reports of mortgage fraud, the Miami-Dade office of the FBI had the second-highest activity in the country during 2008.
read story at South Florida Business Journal
|
July 25, 2009
FL AG Concedes Did Nothing to Stop Fraud
Florida's attorney general conceded that his agency did little to stop the more than 50,000 cases of potentially illegal real estate flipping deals uncovered by the Herald-Tribune.
read story at Herald-Tribune
|
July 22, 2009
Employment Verification Service Prevents Fraud
A new offering enables credit issuers enforces anti-fraud best practices by combining phone interviews by trained investigators with proprietary queries.
read full press release
|
July 21, 2009
Regulations Would Impact Non-Bank Originators, Lenders
Proposed new regulations would require non-bank mortgage lenders and originators to file reports on suspected mortgage fraud and other criminal activity. Such reporting is already required of financial institutions.
read full story at MortgageDaily.com
|
July 20, 2009
OK is OK
Mortgage fraud and foreclosures are less of a problem in Oklahoma because the state didn't see much of the real estate frenzy that afflicted other states.
read story from NewsOK
$10 Billion in FL Transactions Identified as Potentially Fraudulent
A study by the Herald-Tribune identified 50,000 transactions involving $10 billion in sales that had a high chance of involving mortgage fraud.
read full story at Herald-Tribune
|
July 17, 2009
FERA Now Law
The Fraud Enforcement and Recovery Act of 2009 was signed by President Barack Obama on May 20. The new law provides government agencies with increased funding and more stringent legislation.
read story at Law.com
NV Fraud Soaring
Nevada ranked as one of the top 20 states for mortgage fraud, while Las Vegas FBI investigations have doubled.
read story at Las Vegas Sun
|
July 14, 2009
MO AG Testifies in DC
Missouri Attorney General Chris Koster was scheduled to testify before a U.S. Senate committee about mortgage fraud.
read story at KSPR News
30,000 Fraud Fighters
More than 30,000 people from nearly 4,500 have been trained to fight mortgage fraud by Interthinx since the California-based company launched in 2005.
read full press release
|
|
| Date |
Defendants |
State |
Amount |
Overview |
News
Publication |
| July 30 |
Milennys Foira, Richard Diaz |
FL |
$450,000 |
Defendants charged. |
FBI Announcement |
| July 30 |
Stephen LaLonde |
FL |
$1,000,000 |
Defendants charged. |
FBI Announcement |
| July 30 |
Fielding Dameron |
FL |
$9,800,000 |
Defendants charged. |
FBI Announcement |
| July 30 |
Sixto Figueroa, Susy Figueroa, Rolando Herrera, Manuel Garcia, Yolanda Garcia-Montes |
FL |
$830,000 |
Defendants charged. |
FBI Announcement |
| July 30 |
Bryan A. Guarch, Richard Pi, Edwin Garcia, Carlos Martinez, Wayne Bermudez, Oscar Quintero, Sunsy Garcia, Ryan Barouh, Jason Cuza, Anthony Silverio, Rafael Jaramillo, Mario Estrada Mora, Vanessa Negron |
FL |
$4,000,000 |
Defendants charged. |
FBI Announcement |
| July 30 |
Mayra Rodriguez, Lucia Peluffo, Nelson Bermudez, Yamile Segurola, Carlos Rodriguez, Mayelin Salas, Nelida Rodriguez, Sonya Balmaseda, Jorge Egeraige, Jaime Rojas, Alejandro Rabelo, Pedro Huezo, Jose Arriete, Gerard Wenzel, Elias Fleites, Marcelo Fernandez, Lucy Segurola, Ricardo Segurola, Jorge Lugo |
FL |
$21,000,000 |
Defendants charged. |
FBI Announcement |
| July 30 |
William Earl Nichols, |
LA |
$500,000 |
Arrest for former owner of Southern Funding Mortgage. |
TheTownTalk.com
Associated Press
|
| July 30 |
Pierre Chabot Jr., Jon Mills, Joseph LeMay, Sharon Kosciusko |
RI |
$10,000,000 |
Innocent plea. |
The Boston Globe
Associated Press
|
| July 30 |
Kandace Marriott |
TX |
n.a. |
Guilty plea for defendant already sentenced to a century of incarceration another case. |
KLTV 7 News |
| July 30 |
Jessica A. Zbacnik, |
OH |
$4,000,000 |
Guilty plea. |
Middletown Journal |
| July 30 |
Matthew Tucker, |
MO |
losses of
$2,695,883 |
Guilty plea. |
Lee's Summit Journal |
| July 30 |
George Hajati aka Gjergji Hajati, Justice Williams, Douglas Sheehan, Rocky Hill |
CT |
$1,000,000 |
Indictment for owner and processor of Connecticut Partners Mortgage. |
The Hartford Courant
New Britain Herald
|
| July 30 |
Daniel Verdia, Don Apolito, Jaye Miller, Chrystal Paling, Robert Gorman, Philip Blanch |
NJ |
$1,000,000 |
Arrests and surrender of owner, affiliates of Challenge Mortgage Services LLC and Monarch Mortgage Services LLC. |
FBI announcement
Bergen County News
|
| July 29 |
Richard A. Forde, also known as Euburn Richard Forde, Alladean M. Allobaidy, David Freelander |
VA |
$3,900,000 |
42-month sentence |
Imperial Valley News |
| July 28 |
41 defendants |
FL |
$40,000,000 |
41 charged in six cases. |
FBI Announcement
Associated Press
Miami Herald
|
| July 28 |
Stacey Lynn Chamberlain, |
VA |
$489,900 |
45-month sentence. |
Richmond Times-Dispatch
Associated Press
|
| July 27 |
Matthew Tucker |
MO |
$2,700,000 |
Guilty plea. |
Kansas City Star
Kansas City Business Journal
|
| July 27 |
Claymon "Butch" Trammell, Michelle Trammell, Jeannettea Williams |
TX |
$2,500,000 |
Husband, wife and daughter arrested. |
FBI |
| July 27 |
Anita Andres Mendoza |
CA |
$900,000 |
Guilty plea. |
Inland Valley Daily Bulletin |
| July 25 |
Christopher W. Meeks |
IN |
n.a. |
Arrest. |
The Star Press |
| July 25 |
Carol Smith, |
OH |
$2,900,000 |
5-year sentence. |
The Plain Dealer |
archived case entries back to 2005
|
