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Week Ending December 9, 2011

Mortgage Fraud News

Case Activity

4 Indictments in $7 Million Case
Dec. 8 -- A federal grand jury has indicted a title agent, her husband and two associates on charges of defrauding four lenders out of $7 million.
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Former Countrywide Exec Says Some Senior Execs Committed Crimes
Dec. 8 -- A former executive vice president at Countrywide Financial Corp. was fired, she claims, before she had a chance to talk at a planned meeting with government regulators about mortgage fraud at the company and the senior executives who condoned it. She was recently awarded nearly $1 million.
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Attorney Headed to Prison
Dec. 7 -- A former Cumberland County lawyer will spend 14 months in prison and must pay $182,702 in restitution for his role in an alleged mortgage fraud scam that left dozens of homes in foreclosure.
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Bazaar Plea from Alleged Ringleader
Dec. 7 -- Five former employees of a Colonie firm that conned property owners, banks and lenders in a large-scale mortgage fraud scheme are all headed behind bars and owe millions of dollars.
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California Twins Among 3 Arrested
Dec. 5 -- Three top officers of a Stockton real estate company were arrested Thursday on suspicion of taking thousands of dollars in up-front loan modification fees and making false promises to lower the mortgage payments of struggling Central Valley homeowners, according to a news release from California Attorney General Kamala D. Harris.
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Date Defendants State Amount of Loans Overview Source
Dec. 9 Lisa Wright, Cathy Saffer, Barrington Coombs FL Multiple properties Indicted. Department of Justice
Dec. 9 Jennie Renee Morrow GA Multiple properties Failed to appear at hearing. Judge moved case to January calendar call.
Dec. 9 Joyce Lewis, Jason Lewis, Jamon Lewis, Paulette Gabbidon NY $1,000,000 Joyce Lewis convicted. Jamon Lewis previously sentenced to 24 months prison plus 3 years supervised release. Others await sentencing. Department of Justice
Dec. 9 Sergey Shchirskiy CA $16,000,000 Pleaded not guilty.
Dec. 8 Leo Desire, Sr. MA Multiple properties Indicted. Department of Justice
Dec. 8 Charles Murphy, John Farano, Robert Brunt, Tracey Scullark, Armani D'Aifallah, Walter Jackson, Douglas Blanchard IL $5,000,000 Murphy, Farano, Brunt, and Scullark convicted. D'Aifallah and Jackson await sentencing. Blanchard acquitted. Department of Justice
Dec. 8 John Stewart Morrison IV MD $431,377 Sentenced to 15 months prison plus 2 years supervised release and restitution of $240,740. Department of Justice
Dec. 8 Richard Woods, Alex Gambini, Benjamin Haughney PA $1,000,000 - $2,500,000 Woods sentenced to 20 months prison plus 3 years supervised release and restitution. Gambini previously sentenced to 57 months prison. Haughney previously sentenced to 2 years prison. Department of Justice
Dec. 8 Anthony Moya NM $176,788.99 Guilty plea. CitiFinancial victim lender. Department of Justice
Dec. 8 James Robert Sweet, Dwayne Benjamin (17 total) NY $20,000,000 Sweet sentenced to 4-12 years prison plus $1.2 million in restitution; Benjamin pleaded guilty and awaits sentencing on Dec. 15. Nassau County District Attorney
Dec. 7 Genaro R. Hathaway, Steven Kottage, Mary Ellen Durso CT $600,000. Wells Fargo and Freddie Mac victim lenders. Hathaway sentenced to 33 months prison plus 3 years supervised release. Kottage previously sentenced to 41 months prison; Durso previously sentenced to 3 years probation. Department of Justice
Dec. 7 Dianne R. Joaquin, Kenneth W. Joaquin, Ledale Lashette Coles, Robert Brooks, Cheryl Brooks, Richard Howard, George Autobee (22 total) TX $50,000,000 Indicted.
Dec. 7 Phillip Rucker, Jerry Haymon, Sheila Chandler, Jacquelyn Drago-Hunter IL $200,000 Rucker convicted; Haymon and Chandler pleaded guilty; Drago-Hunter pleaded not guilty (working on plea agreement).
Dec. 7 Clint Rogers, Angela Faith Rogers, Ernest Babbini, Drew Hull, Shannon Kato AZ $5,500,000 Babbini, Hull, and Kato pleaded guilty. Clint and Angela Rogers await trial on 2/14/12.
Dec. 7 Daniel P. Ostby, Curt Vanderzee NC $3,700,000 Guilty pleas.
Dec. 7 Deborah L. Kistner, Mark A. Kistner, Philip H. Ennis, Jaime L. Smith OH $7,092,300 Indicted. Department of Justice
Dec. 6 Richard Winefield, Walter Bressler NH $2,500,000 Winefield sentenced to 3 years probation, 6 months home detention and $407,500 in restitution. Bressler's sentencing postponed.
Dec. 6 Cedric Lipsey, Philip A. Martinez, David Vukovinsky CO $4,000,000 Sentences: Lipsey sentenced to 63 months prison plus restitution; Martinez sentenced to 50 months prison plus restitution; Vukovinsky sentenced to 12 months and 1 day prison plus restitution. Department of Justice
Dec. 6 Jeffrey Berghorn FL $1,470,000 Berghorn filed motion asking government to file a "Bill of Particulars."
Dec. 6 Kevin P. Wheatley, Geoffrey Goldman, Jonathan Goldman, Jessica Peryea, Jordan Laccetti NY Multi-million dollar scheme Sentences: Wheatley sentenced to 42 months prison plus $5 million restitution; Geoffrey Goldman sentenced to 4-12 years prison plus $5.6 million restitution; Jonathan Goldman sentenced to 16-48 months prison plus $3.5 million restitution; Peryea sentenced to 1-3 years prison plus $3 million restitution; Laccetti sentenced to 1 year jail plus $908,000 restitution. New York Attorney General
Dec. 5 Ronald J. O'Malley, Laura-Jean Arvelo NJ Multiple properties Sentencing rescheduled for Dec. 21.
Dec. 5 Carrie Coakley NY $82,000,000 Sentenced to 840 hours of community service and 5 years probation.

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