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Mortgage Fraud Archives

Week Ending December 16, 2011


Mortgage Fraud News

Case Activity

37 Months for Wife of Construction Firm's Owner
Dec. 15 -- EAST ST. LOUIS, Ill. -- The wife of a former East St. Louis construction hauler was sentenced Tuesday in federal court for her role in a mortgage fraud scheme.
read story at MortgageDaily.com

Mortgage Broker Headed for Prison
Dec. 14 -- ST. LOUIS -- A St. Charles County mortgage broker who defrauded lenders of more than $200,000 on four north St. Louis properties was sentenced Monday in federal court here to 33 months in prison.
read story at MortgageDaily.com

California Claims #1 Mortgage Fraud Ranking
Dec. 14 -- DALLAS -- (Dec. 13, 2011) /PRNewswire/ Activity climbed on mortgage fraud cases being prosecuted in California, leaving the state with more fraud than any other. New York also saw acceleration, while Florida's mortgage fraud index topped the list and Minnesota remained prominently perched among the worst locales. But as a whole, the country's case activity was slower.
read press release at MortgageDaily.com

Mortgage Fraud Inmate Requests Hotel Furlough
Dec. 13 -- A Harborcreek Township, Pa., man sentenced to prison for his role in a widespread local mortgage-fraud scheme wanted a temporary release from federal custody so he could spend holiday time with family at a luxury hotel in Pittsburgh.
read full story at MortgageDaily.com

California Claims No. 1 Mortgage Fraud Ranking
Dec. 13 -- Activity climbed on cases being prosecuted in California for mortgage fraud, leaving the state with more mortgage fraud than any other. New York also saw acceleration, while Florida's mortgage fraud index topped the list and Minnesota remained prominently perched among the five-worst locales. But as a whole, the country's case activity was slower.
read full story at MortgageDaily.com
(subscription required)

Former County Official Being Sentenced
Dec. 12 -- ROCK HILL, S.C. -- Paul Lindemann was a rising star in the York County Republican Party until a series of legal troubles derailed his political career.
read full story at MortgageDaily.com

$16 Million Mortgage Fraud Case Yields 11 Indictments
Dec. 12 -- A Sacramento man who was sentenced to two years in state prison for attempted extortion was among 11 people indicted this week in connection with one of the largest mortgage fraud cases to hit Sacramento.
read full story at MortgageDaily.com

Woman Faces Fraud, Drug Charges
Dec. 12 -- A woman authorities are searching for in Georgia is scheduled for a calendar call in Whitfield County Superior Court for multiple drug possession and distribution charges and more than 80 counts of mortgage fraud and conspiracy to commit mortgage fraud, court documents show.
read full story at MortgageDaily.com

Incarceration Can't Stop Defendant
Dec. 12 -- Facing foreclosure, a Turlock, Calif., homeowner two weeks ago signed over part interest in his property to a man who promised to save the family home.
read full story at MortgageDaily.com

Date Defendants State Amount of Loans Overview Source
Dec. 16 Sarah Harris IL $66,000 restitution Sentenced to 1 day in jail (credit for time served) and 2 years supervised release. SunTimes.com
Dec. 16 Gary Bobel, Scott Thomas Spencer (a.k.a. Thomas Cole), Mark Andrew Spencer (a.k.a. Mark Andrews), Travis Iverson, Roger Trent Jones CA $11,000,000 Guilty pleas from Bobel, Thomas Spencer, Mark Spencer, and Iverson. Jones previously sentenced to 21 months prison. Sentencing scheduled for 3/9/12. Department of Justice
Dec. 16 Vicki Dillard Crowe (aka Vicki R. Dillard) CO Multiple properties Convicted. Sentencing scheduled for 3/19/12. Department of Justice
Dec. 16 Veldora Arthur, Neil Fagan, Pamela Johnson FL $2,500,000 Arthur sentenced to 57 months prison plus 3 years supervised release; Fagan previously sentenced to 90 months prison; Johnson previously sentenced to 57 months prison. Department of Justice
Dec. 16 Randolph Branham, Chris Cadenhead, Jackie T. Fair, Jane M. McDonald, Larry J. Malone FL Approximately $1,300,000 Branham convicted. Others previously pleaded guilty. Branham scheduled to be sentenced 3/15/12. Others to be sentenced 3/2/12. Department of Justice
Dec. 15 Dimples Robinson (aka Dimples Collins, Denise Robinson, D. Ebony Robinson and Shorty Robinson) MS $100,000 Sentenced to 10 years suspended custody plus 5 years supervised probation and $102,100 restitution. HindsCounty.com
Dec. 15 Hussein "Sam" Nazzal, Edward Schneider, Majed Tawbe, Mounif Zeaiter, Ross Carey, Eric Morton, Amneh Taube, Mike Murry MI Multiple properties Indictments. DetNews.com
Dec. 15 John Wicker Jr. MO 1 property Guilty plea. KSDK.com
Dec. 15 Robert Fulton Rood IV, Nikolaos M. Hepler, Lloyd M. Mallory, Jr. VA Approximately 32 properties Indicted. Department of Justice
Dec. 15 Eve Mazzarella, Steve Grimm, Melissa Beecroft, Christina R. Thompson, Amy R. Ortiz, Jyothi Panikkar, Daicy Vargas, Benjamin Labee, Shauna Labee, Craig Christians, Robert Samora NV $107,000,000 with losses of $24,000,000 Mazzarella, Grimm, and Beecroft convicted. Others pleaded guilty before trial. Department of Justice
Dec. 14 Louise Lampo-Diglio CT Multiple properties Pleaded guilty. Department of Justice
Dec. 14 Victoria L. Allen, Ephrain Harris, Shavonda York, Tamiko Alston, Darrell Booker VA At least $1,000,000. First Horizon Home Loan Corp. a victim lender. Allen pleaded guilty. Department of Justice
Dec. 14 John M. Bales II, Paul J. Page, William E. Spencer IN Multiple properties Indicted. Fox59.com
Dec. 13 Belinda Cheri McKinney, Robert Todd McKinney, John Quinn McKinney, Chamethele McKinney IL Approx. $2,400,000 Belinda sentenced to 37 months prison plus 3 years supervised release and $952,705.52 restitution. Robert previously sentenced to 57 months prison; John previously sentenced to 57 months prison; Chamethele sentencing set for 12/21/11. Department of Justice
Dec. 13 Gary Snook CT Over $1,000,000 Sentenced to 24 months prison plus 3 years supervised release and restitution of $1.3 million. Department of Justice
Dec. 13 Lindsey Rae Loyear MN $2,500,000 - $7,000,000 Guilty plea. Department of Justice
Dec. 12 Walter Bressler NH $2,500,000 Sentencing postponed until 3/12/12. NashuaTelegraph.com
Dec. 12 Justin Zhu, Darnell Mason TX $2,000,000 Zhu sentenced to 5 years 3 months prison and $465,680 restitution. Mason awaits sentencing. MySanAntonio.com
Dec. 12 David Landman PA $1,900,000 Sentenced to 4 years prison. Post-Gazette.com
Dec. 12 Linda Sloan, Michael Sloan (Rich Bobka case) FL Multiple properties Guilty pleas. HeraldTribune.com
Dec. 12 Mickey Johnson MO $200,000 Sentenced to 33 months prison. MortgageDaily.com
Dec. 12 Jerry Smith NJ $3,000,000 Guilty plea. Sentencing set for 3/23/12. Department of Justice
Dec. 12 Michelle Vinas NY $24,000,000. M&T Bank a victim lender. Guilty plea. Department of Justice

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