| |
|
|
|
|
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. |
|
|
| |
|
| |
February 24, 2009
A husband and wife aided and abetted one another in order to defraud three banks out of millions of dollars in mortgage loans.
Veronica DeGuzman, 57, and husband Fred Guzman, 60, netted $1.67 from the mortgage fraud scheme that has resulted in Veronica being sentenced to more than six years in prison. Fred's sentencing is set for March 20.
The DeGuzman's pleaded guilty to aiding and abetting each other to commit bank fraud and aggravated identity theft. The couple admitted to soliciting homeowners and inducing them to inflate the sales prices of their homes. They the used fake identities and documentation to secure loans on the homes. All three mortgages went into default.
Read story at KSAT News
|
|
|
