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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. |
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Mortgage Fraud Archives
Week Ending Sept. 25, 2009
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Mortgage Fraud News
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Case Activity
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Sept. 23, 2009
California County Nabs $1.7 Milion
The Ventura County District Attorney's Office received nearly $1.7 million in federal grants to fight mortgage fraud.
read story at Venture County Star
Mich. County Boost Fight Against Mortgage Fraud
Michigan's Ingham County Register of Deeds is leading a new campaign to fight mortgage fraud.
read story at WILX.com
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Sept. 21, 2009
Law Firm Nails Huge Fraud Contract
The law firm of Smith Dollar has obtained a contract to solve mortgage fraud cases for the FDIC.
read full story at North Bay Business Journal
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Sept. 16, 2009
FBI Zeros in on Insiders
The director of the Federal Bureau of Investigation told Congress today that his agency is focusing on insiders in its mortgage fraud investigations.
read full story at MortgageDaily.com
NY Leads Nation in Mortgage Fraud
U.S. mortgage fraud cases mostly held steady during the latest quarter, according to the FraudBlogger.com Index -- a measure of active cases. But activity was up nearly 600% in New York to the highest of any state.
read full FraudBlogger.com press release
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Sept. 9, 2009
Oregon Scores Fraud Prosecution Grant
Oregon's Attorney General John Kroger won a federal grant to help prosecute mortgage fraud. The funds will be used for a new prosecutor and investigator.
read full story from the Associated Press
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Sept. 4, 2009
Charges Dropped Against Ohio Defendant
A judge has dismissed mortgage fraud charges against Haney Bichat.
read full story at The Columbus Dispatch
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Sept. 2, 2009
Realtor Vindicated
The Colorado Real Estate Commission retracted all claims and allegations of mortgage fraud against real estate broker Curtis Sears.
read story at the Greeley Tribune
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Aug. 27, 2009
CA Fraud Bill Progresses
SB 239 was unanimously approved by the California legislature and awaits Gov. Arnold Schwarzenegger's signature.
read story from the San Jose Mercury News
Reverse Fraud Rises
So far during the fiscal year that ends at the end of September, HUD has referred 29 cases of suspected reverse mortgage fraud to its Office of Inspector General.
read story at Wall Street Journal | 2nd link
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Aug. 25, 2009
ID Theft, Appraisal Fraud Drive Increases Fraud Risk
The risk of mortgage fraud has migrated west during the past year, a new study indicates. While fraud involving inflated home valuations and identity theft leapt, occupancy and income fraud tumbled.
read story at MortgageDaily.com
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Aug. 24, 2009
10 State Join Feds to Fight Fraud
Washington is among 10 states joining forces with the U.S. Department of Justice, Department of Treasury, Department of Housing and Urban Development and the Federal Trade Commission to fight mortgage scams -- including mortgage fraud.
read announcement from Washington Attorndy General
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Aug. 23, 2009
Fraud Training Pays Off for Bank Employee
After attending a mortgage fraud seminar sponsored by local police, Century Bank employee Melody Shimmell uncovered a $50,000 scam
read story from Herald Tribune
Opinions Vary on California Fraud Bills
A reader comments on California's pending Senate Bill 94 and AB 764.
read story at The Sacramento Bee
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| Date |
Defendants |
State |
Amount |
Overview |
News
Publication |
| Sept. 25 |
Julian Ruiz |
OR |
17 counts |
Indictment. |
OPB |
| Sept. |
Garret Griffith Gililland III |
CA |
n.a. |
Extradition from Spain. |
Central Valley Business Times |
| Sept. 25 |
Jamilah Al-Bari |
MD, VA, DC |
losses up to
$1,000,000 |
Guilty plea. |
Associated Press |
| Sept. 24 |
Adriana Cruz, Ramon Puentes, Jorge Nobrega, Jorge Arrieta, Sebastian Kishinevsky, Bienvenido "Benny" Benach Jr., Danny Flores, Rolando Alfonso |
FL |
$1,000,000 |
1-year sentence. Bank of America, Wachovia defrauded |
South Florida Business Journal |
| Sept. 24 |
20 defendants including Ruben Rojas, Litcia Linares, Lourdes Rojas Almanza, Jaime Rojas, Brizeida Justiniano |
VA |
$100,000,000 |
Arrests. |
WJLA
Forbes
Yahoo News
Washington Post
|
| Sept. 24 |
6 men including Marlon Pratt, Universal Mortgage |
MN |
$3,200,000 |
10-year sentence |
Star Tribune
KAALTV
Post Bulletin
WCCO
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| Sept. 23 |
100 suspects |
CA |
n.a. |
Ventura County investigating 63 cases. |
Venture County Star |
| Sept. 23 |
Cheryl Brooke |
MD |
$2,000,000 |
4-year sentence. |
Associated Press
ABC 2 News
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| Sept. 22 |
Bernard Kerik |
NY |
15 counts, fines of
$5,000,000 |
Former police department commissioner indicted. |
DSNews.com |
| Sept. 22 |
Bora Ly, Deborah Saulmon. Eric M. Rabicoff |
KS |
2 homes |
Guilty pleas. |
WIBW
Kansas City Star
NBC Action News
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| Sept. 22 |
Mohin Kapadwala |
CT |
1 property |
Lawsuit filed over alleged fraud property sale. |
Stamford Advocate |
| Sept. 22 |
Irene Sotiriadis, Helen Sotiriadis, |
CA |
losse of
$5,000,000 |
Mother, daughter accused. |
Central Valley Business Times
San Francisco Examiner
California RealEstateRama
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| Sept. 21 |
Winston Thomas |
MD |
forfeiture judgment of
$2,228,878 |
3-year sentence. |
Associated Press |
| Sept. 20 |
Tracy Todd |
CO |
6-home scheme with loans of around $157 k each |
Indictment. |
Greeley Tribune |
| Sept. 20 |
Cannonsgate devlopment, Total Realty Management, R.A. North, Southeastern Waterfront Management |
NC |
200 plaintiffs - $500k prices |
Lawsuit filed. Former NC governor got 25% discount. |
News & Observer |
| Sept. 18 |
Thomas Karagiorgos |
CT |
$654,500 |
Accusations. |
The Connecticut Law Tribune
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| Sept. 18 |
Donald Warner |
CT |
n.a. |
Accusations. |
The Connecticut Law Tribune
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| Sept. 18 |
Roger Campagnolo III, David Lynch |
FL |
$633,500 |
Indictment in case where Homecomings Financial was defrauded. |
News-Press.com
NBC-2
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| Sept. 18 |
Douglas Lee Carter, |
FL |
$1,000,000 |
Indictment. |
News-Press.com
NBC-2
Naples News
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| Sept. 18 |
Fabricio Monteiro |
FL |
4 houses |
Indictment |
News-Press.com
NBC-2
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| Sept. 18 |
Bruno Brava |
FL |
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Indictment |
News-Press.com
NBC-2
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| Sept. 18 |
Anthony Andersen, Laura Andersen |
NY |
$724,883
restitution |
Sentences. |
Empire State News |
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