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Archive of FraudBlogger.com entries going back to 2005.
| August 17, 2007|
Credit Monitoring and Identity Protection in One
A new product claims to be the first to combine credit file
monitoring with technology that protects consumer data on
personal computers from identity theft.
Woman Gets Probation for Mortgage Scam
After admitting to notarizing signatures of straw
borrowers who did not appear to loan closings and closing a loan without
being trained for the job, Kathy Frye received a five-year probation sentence.
read story from The Press-Register
Mortgage Fraud Song Gains Fans
A song in which creator Jon Vaughn makes fund
of real estate fraud was intended to reach only the ears of friends
and family, but it has hit radio airwaves and caused a stir
read story from The Bakersfield Californian
Mortgage Broker Off the Hook
A probation sentence was issued to Angela Renee
Williams-Buchanan, a broker who would have gone to prison if a
mortgage deal in excess of a property's value wouldn't have been
stopped by an FBI agent.
read story from St. Louis Post-Dispatch
Family Charged in ID, Mortgage Scam
Doris Toledo and her two daughters, Silvia Toledo
and loan officer Sonia Toledo, were indicted on charges that they
used Social Security numbers of dead people to get nearly $8 million
in mortgages for illegal immigrants.
read story from News Channel 10
Broker Accused of Signature, Mortgage Fraud
A woman is suing broker E. Anthony Alfaro and JD
Financial Mortgage Inc., claiming he allegedly forged her signature
to refinance her home and pocket fees and extra mortgage proceeds.
read story from Gilroy Dispatch
Mortgage Fraud Suspect, Sex Offender Jailed
Joseph Gallo is back in prison after failing
to register as a sex offender and remains under investigation
for mortgage fraud.
read story from KCRA
Broker to Serve Time for Fraud
False documents used for $2 million in loans
earned broker Toby Goss, who operated Consolidated Mortgage and
Mississippi Mortgage, nearly three years in prison.
read story from WAPT
Ex-Loan Manager Accused of Fraud
A warrant has been issued for the arrest of
Gregory Zgnoc, a former loan manager at Shaker Heights Credit
Union recently charged with mortgage fraud and identity theft.
read story from The Sun Press
Ex-councilwoman Convicted of Fraud for Property
Former councilwoman Saundra McFadden-Weaver was
found guilty of lying on a mortgage application by saying the
home was for her when in reality it was for an acquaintance.
read story from News Channel 10
August 16, 2007
15 Accused of Fake IDs for Mortgages
Fifteen individuals were charged with producing
fake documents, including driver's licenses and tax IDs, to obtain
mortgage loans and credit cards that have caused at least $10 million
in losses for financial institutions.
read story from 1010 Wins
August 13, 2007
Ex-Attorney Sentenced for Fraud
Former closing attorney Christopher Halcomb
was sentenced to over three years in prison for allegedly
inflating property values and submitting false borrower qualifying
information to help Phillip E. Hill and others orchestrate a
multimillion-dollar mortgage scam.
read story from Altanta Journal-Constitution
Investigated Broker Surrenders License
Mario Fellini is under federal investigation
and surrendered his broker mortgage license after a TV news
station uncovered how he and others at VFM Investment Group and
Freedom Capitol Mortgage allegedly falsified applications for
more than $9 million worth of mortgages.
read story from KCRA 3
Couple Accused of Flipping Scam
Thien Chi Vuong, a former Century 21 Su Casa agent,
and his wife, Thanh Tuyen Tran, are accused of defrauding lenders
through an alleged flipping scheme that involved purchasing homes
and quickly refinancing them to collect high commissions and excess
read story from Mercury News
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