| |
|
|
|
|
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. |
|
|
| |
|
| |
April 16, 2009
Five Florida residents have been charged with running a multimillion-dollar mortgage fraud scheme with the help of a certified public accountant who provided false employment verification letters.
Emerio Lima, 68, Inocencia Soto, 45, Pedro Fornos, 66, Josefa Herrera, 61, and Stephen Zalka, 51, were all arrested yesterday. All five are accused of participating in the fraudulent purchases of nine homes in South Florida and bilked lenders out of $4.5 million.
Prosecutors said title agents prepared documents on behalf of the group and provided statements to the lenders, some sales prices were inflated and others properties had fabricated liens. The five face charges of organized fraud, mortgage fraud and grand theft.
Read story at The Miami Herald
|
|
|
