| |
|
|
|
|
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. |
|
|
| |
Sentencing for Ring Member
|
| |
April 14, 2009
Another member of a mortgage fraud ring has been sentenced to four years in prison, ordered to pay a $15,000 fine and perform 150 hours of community service once released.
Scott McCann, 46, pleaded guilty to eight felony charges, including three counts of engaging in a pattern of corrupt activity and five counts of money laundering. Prosecutors said McCann and others used artificially inflated appraisals and straw buyers in the scheme to defraud lenders using Ohio properties.
Co-conspirator Gihan Zalat, 41, was also sentenced to four years in prison and faces deportation once released. Others named in the indictment include Hany Bekhit, Moemen Ibrahim, Dijana Ibrahim, Alaa M. Abouelenein, Hany Ibrahim and Mohamed Mohamed.
Read stories at NBC News 4 and Columbus Dispatch
|
|
|
