70 Month Sentence in $12.8 Million Case
TAMPA, Fla. -- Chad Evans, mastermind of a $6.9 million scheme using straw buyers to inflate dozens of home mortgages, has been sentenced to five years and 10 months in federal prison.
SC Developer to Begin Prison Sentence
Kenneth Paul Holmes, a Columbia, S.C., area real estate developer who once boasted on his web site about his ability to flip homes for a profit, will begin serving a five-month federal prison sentence next week for his part in a Grand Strand mortgage fraud scheme.
Pa. Couple Charged for Defrauding WaMu on $2.5 Million Loan
A federal grand jury indicted a Sewickley Heights, Pa., couple on mortgage fraud charges, federal prosecutors said.
Charges Filed in 3-Property Case
Federal prosecutors charged a Wexford, Pa., man with being part of an alleged mortgage fraud scheme.
Appeal for Convicted FBI Agent Who Inflated Income on Application
MANCHESTER, Ky. -- First, he preached the Gospel in South Los Angeles. Then he picked up a badge and gun as an LAPD officer working the Wilshire Division. From there, he moved to the FBI, serving as an undercover agent in Los Angeles, then in Tennessee. His life, he said, was "my American dream."
Mortgage Fraud Convict Fails to Show Up for Prison
Federal authorities indicted a Golden Valley man this morning for failing to show up in October for the start of his 10-year prison sentence on mortgage fraud charges. Zack Zafer Dyab faces a maximum of five additional years in prison.
Mortgage Firm, Biggest Realtor Team Sued Over HELOCs
A lawsuit filed against a real estate team that has been ranked as the biggest in the country alleges that Maryland homebuyers were convinced to purchase another home before selling their current residences -- a scheme that allegedly generated more commissions in the process. Lawyers in the case seek class action certification.
Range of Fraud Schemes Emerging
WASHINGTON -- Could today's seductive conditions in the housing market -- severely marked-down prices, record low interest rates and hundreds of thousands of foreclosures waiting to be resold -- be breeding new generations of the very practices that led to the crash?
Defendant in $5.8 Million Case Seeks to Strike Earlier Statements from Record
Gaither B. Thompson II -- accused of taking part in a multi-million-dollar mortgage fraud scheme -- has asked a judge to exclude statements he made to federal investigators in 2009, when the fraud probe was in its early stages, from any court hearings.
Las Vegas Realtor, Estranged Husband Convicted
A couple once dubbed "the Bonnie and Clyde of mortgage fraud" were convicted of multiple counts by a federal jury in Las Vegas on Thursday.
Paralegal Pleads Guilty
An East Haven, Conn., paralegal has admitted her role in a New London County mortgage fraud headed by Jose Guzman of Waterford.
37 Months for Wife of Construction Firm's Owner
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.
Mortgage Broker Headed for Prison
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.
Mortgage Fraud Inmate Requests Hotel Furlough
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.
Former County Official Being Sentenced
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.
$16 Million Mortgage Fraud Case Yields 11 Indictments
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.
Woman Faces Fraud, Drug Charges
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.
Incarceration Can't Stop Defendant
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.
4 Indictments in $7 Million Case
A federal grand jury has indicted a title agent, her husband and two associates on charges of defrauding four lenders out of $7 million.
Attorney Headed to Prison
A former Cumberland County lawyer will spend 14 months in prison and must pay $182,702 in restitution for his role in an alleged mortgage fraud scam that left dozens of homes in foreclosure.
Bazaar Plea from Alleged Ringleader
ALBANY, N.Y. -- Five former employees of a Colonie firm that conned property owners, banks and lenders in a large-scale mortgage fraud scheme are all headed behind bars and owe millions of dollars.
California Twins Among 3 Arrested
Three top officers of a Stockton real estate company were arrested Thursday on suspicion of taking thousands of dollars in up-front loan modification fees and making false promises to lower the mortgage payments of struggling Central Valley homeowners, according to a news release from California Attorney General Kamala D. Harris.