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Week Ending November 22, 2013


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Case Activity


Mortgage Fraud Risk Rises, Jumbo Riskier
Nov. 20 -- The risk of mortgage fraud increased during the latest three-month period -- with identity and occupancy fraud risk seeing the most deterioration. New data suggests that jumbo mortgages present more risk than non-jumbo loans. A community that borders Arkansas and Missouri is one of the nation's worst hot spots.



Date Defendants State Amount of Loans Overview Source
Nov 22 Charles R. Sammon MA $2,500,000 Pleaded guilty. Department of Justice
Nov 22 Michael Abobor MD $2,000,000 in losses. Sentenced to 51 months. Department of Justice
Nov 22 Robert Michael, Erroll Davis IL $650,000. Citizens Bank victim lender. Michael pleaded not guilty. Department of Justice
Nov 21 Linda Yarleque, Fabio Moreno Vargas NJ $3,400,000 Convicted at trial. Department of Justice
Nov 20 David Anthony Holman, Kevin Joseph Franklin, Roderick L. Foxworth, Sr., Eric Sijohn Brown, and Walter Alston Brown, Jr., Cynthia Evette Brown, Francine Shanique Cross, Willie G. Manley Jr., Eric Ponder, Rashika J. Moon, Dontaya S. Devore, Mark Murphy, Gregory Christopher Thornton PA $20,000,000. First Tennessee Bank a victim lender. Holman charged by Information. Department of Justice
Nov 20 Sidney Coton, Jimmy Sotolongo, Ramara Garrett FL Multiple properties Coton pleaded guilty. News-JournalOnline.com
Nov 20 Jeffrey Youngheim, Richard Loveless (8 total) IN $600,000 Youngheim sentenced to 21 months. Department of Justice
Nov 20 Anis Said Gebrael (aka Mike Sandrie), Rose Marie Sandrie FL $1,100,000 in restitution. PNC Bank a victim lender. Gebrael sentenced to 7 years. KeysNews.com
Nov 20 Michael Angelo Munoz, Carl Cole, Caleb Cole, Sneha Ramesh Mohammadi, Robinson Nguyen, Jayson Peter Costa CA $30,000,000 in losses Munoz pleaded guilty. Department of Justice
Nov 19 Genevieve Salvatore, Lawrence Dressler, Jeffrey Weisman, Bradford Rieger, Jacquess Kelly CT $2,500,000 in losses Salvatore pleaded guilty. CTPost.com
Nov 18 Teresa Giudice, Giuseppe "Joe" Giudice NJ $361,250 Indicted on additional charges. Department of Justice
Nov 18 Juan Velez, Flavia Mendoza CT $1,200,000 Velez sentenced to 12 months. Department of Justice

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