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Mortgage Fraud Archives

Week Ending November 4, 2011

Mortgage Fraud News

Case Activity

Indictment Expanded in $6 mil SunTrust Case
Nov. 3 -- Federal authorities are once again upping the ante for a Sevier County, Tenn., lawyer and a partner in an alleged $6 million mortgage fraud scheme.
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HUD Defrauded on $16 Million in Mfg Housing Loans
Nov. 2 -- CHARLOTTE, N.C. -- A Hickory man pleaded guilty Monday in federal district court to five charges that he defrauded dozens in the region who sought to buy or finance manufactured homes.
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Decade in Prison for MN Mortgage Broker
Nov. 2 -- Fraudulent sales of St. Paul condominiums were among the deals that earned John Anthony Spencer a 10-year, five-month prison term.
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Guilty Plea for Florida Developer Linked to Anna Nicole Smith
Oct. 31 -- Ford Shelley Jr. -- the local developer whose acquaintance with the late Playboy model Anna Nicole Smith helped fuel a media circus following her death -- has agreed to plead guilty to a felony charge of mail fraud related to allegedly falsified mortgages he helped to arrange for his Pineapple Bay condominium project in Myrtle Beach.
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CA Woman Claimed She Lived In 7 Houses
Oct. 31 -- SACRAMENTO, Calif. -- A Bay Point woman was among six people indicted by a federal grand jury in connection with a mortgage fraud scheme, the U.S. Department of Justice announced Thursday.
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Date Defendants State Amount of Loans Overview Source
Nov 4 Bobby F. Fisher, John W. Emory, III, Joni Lynn Goss, Matt Howard, Michael L. Persac, Jason Ellis MS Multiple properties Sentences: Fisher sentenced to 27 months prison plus 3 years supervised release and $768,501.24 restitution; Emory sentenced to 5 years probation plus $98,536.57 restitution; Goss sentenced to 5 years probation plus $155,768.56 restitution; Howard sentenced to 6 months prison plus $25,634.00 restitution. Persac and Ellis await sentencing. Department of Justice
Nov 4 Javier Siveroni VA $6,500,000 Sentenced to 24 months prison plus 2 years supervised release. Department of Justice
Nov 4 Kimberly Mackey, Marcos Echevarria FL $2,500,000 Sentences: Mackey 60 months prison plus 5 years supervised release and $1.6 million in restitution; Echevarria 24 months prison plus 5 years supervised release and $1.6 million in restitution. Department of Justice
Nov 4 Kristine Atoyan, Martin Atoyan, Marat Galoyan, Zhora Darmoyan, Vera Kuzmenko CA $10,000,000 Kristine Atoyan, Martin Atoyan, Galoyan, and Darmoyan indicted. Kuzmenko previously pleaded not guilty.
Nov 4 Eric Devon Bernard (aka Eric Allen Shapiro), David Schoenhofen, Stacey Harrold MN $5,000,000 Bernard sentenced to 7 years prison; Schoenhofen previously sentenced to 54 months prison; Harrold previously sentenced to 6 years prison.
Nov 3 Peter M. Cicero PA $1,800,000 Indicted. Department of Justice
Nov 3 Gia Joy Glasse-Harris GA $174,000 in restitution Sentenced to 3 years and 1 month prison plus 3 years supervised release. Department of Justice
Nov 2 Louis Cherico NY Multiple properties Convicted. Department of Justice
Nov 2 Daniel S. Braese MA Multiple properties Indicted. Department of Justice
Nov 1 Adrian Busby NY Unknown Convicted. Department of Justice
Nov 1 Vickie Kay Lind MO $391,519 Pleaded guilty. Department of Justice
Nov 1 Benjamin Haughney, Alex Gambini, Guillermo Laureiro, Richard Woods PA Up to $2,500,000 in restitution Haughney sentenced to 2 years prison; Gambini previously sentenced to 57 months prison; Laureiro and Woods pleaded guilty and await sentencing. Department of Justice
Nov 1 Christopher D. Hales, John Peter Brealish UT $12,700,000 in restitution Hales sentenced to 7.5 years. Brealish previously sentenced to 32 months prison plus restitution of $7 million to be shared by Hales. Hales responsible for remaining restitution.
Nov 1 Jason Ellis, Joni Lynn Goss, Bobby F. Fisher, John William Emory III, Matt Howard, Michael Persac MS $5,800,000 Sentencing begins. Goss previously sentenced to 46 months.
Nov 1 Vickie Lind MO $391,519 Guilty plea.
Nov 1 Joseph Robert Guernsey, Benedict Guthrie Olberding SC $1,000,000 Guilty pleas.
Oct 31 Patricia Smith, Jamilah Smith, Carol Ashley NJ Exceeding $1,000,000 Guilty pleas. Department of Justice
Oct 31 Roger Dean Bailey, Jr. NC $16,000,000 ($4.8 million in losses) Pleaded guilty. Department of Justice
Oct 31 John Anthony Spencer, Bryan Joseph Lenton, Patrick Arthur Dols MN $7,700,000 Spencer sentenced to 125 months prison. Lenton and Dols previously pleaded guilty. Department of Justice

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