Fraudulent FHA Loans at Center of Miami Case
Alejandro "Alex" Curbelo, a 32-year-old Miami man, was sentenced in federal court in Miami to 54 months in prison and ordered to pay $9.2 million in restitution to the U.S. Department of Housing and Urban Development for his involvement in a mortgage-fraud scheme.
4-Year Sentence for Ohio State Trooper
COLUMBUS –Benjamin W. Richardson, 47, of Powell, and a former Ohio State Highway Patrol trooper, was sentenced in U.S. District Court to a total of 50 months in prison for participating in a mortgage fraud conspiracy, committing bankruptcy fraud, and tampering with a witness in a federal investigation. He was also ordered to pay restitution of $617,600 to lenders he deceived through the mortgage fraud.
CA Firm's Owners, LOs Plead Guilty to Mortgage Fraud
Five people with ties to a Hayward, Calif., mortgage brokerage company pleaded guilty in federal court to wire fraud, conspiracy to commit wire fraud and filling out false statements, authorities announced Friday.
$14 Million Mortgage Fraud Case Yields Guilty Plea
An Eagan man pleaded guilty Wednesday to a mail fraud charge that was part of a mortgage scandal at the Cloud 9 Sky Flats condo development in Minnetonka, Minn.
Attorney, Broker & Realtor Among 8 Charged
Federal prosecutors charged eight Miami-Dade residents in a multi-million dollar mortgage fraud scheme that spanned November 2004 to September 2009 at Jade, a luxury downtown Miami condominium.
7 IDs Earns Woman 5 Years
An Annapolis, Md., woman was sentenced to five years in prison Monday for using false identities to defraud banks, Social Security and multiple insurers of $2.6 million over a three-year span, federal prosecutors said.
Former WV Appraisal Official Pleads Guilty to Appraisal Fraud
CHARLESTON, W.Va. -- A real estate appraiser who once held an appointed position in West Virginia state government faces up to 30 years in federal prison for falsifying appraisal records in North Carolina.
Foreclosure Rescue Scheme Used Mortgage Fraud to Strip Equity
A Chesapeake, Va., man was sentenced to nearly 3 years in prison for his role in a foreclosure rescue scheme. Philip Villasis, 41, received the sentence after pleading guilty to conspiracy to commit wire fraud earlier this year.
Attorney in $15 Million Mortgage Fraud Case Jailed for Bankruptcy Fraud
Charlotte, N.C., real estate lawyer Victoria Sprouse pleaded not guilty to eight charges relating to bankruptcy fraud Friday morning, and was ordered to stay in jail until her trial by the judge, who described the charges as "breathtaking acts of deception by a trained lawyer."
Title Company President Headed for Prison
A Parkland, Fla., woman was ordered Friday to pay nearly $6.3 million in restitution and serve more than five years in prison for her role in two separate mortgage fraud schemes in Broward and Palm Beach counties.
Salesman Admits to Fraud, Sham Improvements in 2 Home Purchases
Lemuel Thornton, 36, of Las Vegas, admitted late Wednesday to conspiring to defraud mortgage lenders by fabricating loan documents to buy and improve two homes in Riverside County, Calif., according to a statement released Thursday by the Internal Revenue Service.
Developer Admits to Deceiving Countrywide on 2 Mortgages
SCHENECTADY, N.Y. -- A former Schenectady County builder pleaded guilty Thursday to charges of attempted second-degree grand larceny, a felony, stemming from a mortgage-fraud scheme in 2006 and 2007, state Attorney General Eric T. Schneiderman said.
Guilty Plea in Fraud Case Involving 90 Oahu Properties
The woman who the government says is the mastermind of the largest mortgage fraud scheme uncovered in Hawaii pleaded guilty Tuesday in federal court.
$39 Million in Mortgage Fraud Leads to 8 Indictments
Eight people have been indicted in a $39 million mortgage fraud scheme, according to U.S. Attorney Wifredo A. Ferrer.
Woman Pleads Guilty in $11 Million Mortgage Fraud Case
A former employee of a Bedford County, Va., company pleaded guilty Thursday in federal court in Lynchburg to a tax charge that stems from a mortgage fraud scheme.
Ohio Developer Charged in Florida Mortgage Fraud
CALLAWAY, Fla. -- An Ohio man who promised buyers in 2005 "there's money to be had" has been charged in connection with a $36 million mortgage fraud scheme involving property in the WatersEdge development near Allanton.