|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Link to Story |
| Christopher Brooks |
United States |
U.S. District Court for the Southern District of Florida |
n/a |
Brooks, a former Bank of America executive, is accused of accepting bribes ranging from $1,000 to $10,000 from Palm Beach Business Consultants owner Francis Santa and/or undercover agents. |
United States v. Brooks |
0:11-cr-60005-JIC-COHN/SELTZER |
n/a |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Crystal Spreng |
United States of America |
United States District Court for the Western District of Pennsylvania |
n/a |
Representative of Citizens Bank pled guilty to wire fraud for providing false verifications of borrowers income in connection with fraudulent mortgage scheme. |
United States v. Spreng |
n/a |
6/15/2010 |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Francis Santa, David L. McGuire, William J. Herbert, David J. Ramoy, Alexander R. Reyes, Daniel Agudelo, Antonio Mannarino, Anthony Deppiero, Terrance T. Ward, Jeane Ward, Derek L. Nadler, Rodney J. Kahane and Daniel C. Paine, Christopher Brooks, David Mcguire |
United States |
U.S. District Court for the Southern District of Florida |
$10,000,000 |
Defendant, Francis Santa, has been indicted by the Department of Justice. Santa owns Palm Beach Business Consultants, a loan brokerage business specializing in obtaining allegedly fraudulent business loans for clients with poor credit histories. Also charged are executive officers who took bribes ranging from $1,000 to $10,000 from either Santa or an undercover agent. Among those that took bribes are Daniel Agudelo, Alexander Reyes, Christopher Brooks, Marcario Deguzman, William Herbert, David Mcguire and David Ramoy. Defendants Kahane and Paine have been sentenced to six years each for their role as employees of the company who created fraudulent files. |
United States v. Santa et al. |
9:10-cr-80101-WJZ |
n/a |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Frank E. Mendoza |
United States |
United States District Court for the Eastern District of Washington |
$10,000 |
Defendant, a former Chase Bank servicing official, was found guilty of three counts of bank bribery and one count of unlawfully disclosing a suspicious activity report after accepting $10,000 in bribes from a borrower suspected of mortgage fraud, in exchange for Mendoza’s assistance with a possible criminal investigation related to the borrower. |
U.S. v. Mendoza |
n/a |
n/a |
www.mortgagedaily.com/MctChaseConviction011211.asp |
| Marcario A. Deguzman |
United States |
U.S. District Court for the Southern District of Florida |
n/a |
Deguzma, a former vice president at Regions Bank and Am Trust Bank, is accused of accepting bribes ranging from $1,000 to $10,000 from Palm Beach Business Consultants owner Francis Santa and/or undercover agents. (related to Francis Santa case) |
United States v. Macario A. Deguzman |
9:11-cr-80009-KLR |
n/a |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Mark A. Connor and Clayton A. Coe |
United States |
United States District Court for the Northern District of Georgia |
na |
Connor, the former CEO of the failed Georgia FirstCity Bank, and Coe, its senior commercial loan officer, are accused of hatching a plan to deceive the bank’s loan committee with fraudulent files to generate $5 million in unlawful proceeds. 10 years to life in prison and up to $10 million fine for Connor; up to 30 years in prison and up to $1 million fine for Coe. |
United States v. Connor et al. |
n/a |
3/21/2011 |
www.mortgagedaily.com/FirstCityFraud032311.asp |
| Pulte Home Corporation |
State of Nevada |
Clark County District Court – Las Vegas |
$475,000 |
Homebuilding giant, Pulte Home Corp., has agreed to pay $475,000 and improve its lending practices to settle an investigation of deceptive trade practices by the Nevada Attorney General. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/MctSettlementPulte011111.asp |
| Robert R. Jones, Joseph C. Penick, Douglas C. Emig and Berrong Moulton |
United States |
U.S. District Court for the Northern District of Georgia |
$8,000,000 |
Jones pleaded guilty on Jan. 20 to defrauding his employer, Community Bank & Trust, on several loans and collecting $640,000 in kickbacks. Jones was executive vice president and chief credit officer at the bank. |
United States v. Jones et al. |
n/a |
n/a |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Robert Santiago |
na |
na |
na |
Trial scheduled for defendant who is also accussed of murder. |
na |
nan |
na |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Susan A. Curtis, Gary J. Stocking, Jr. |
United States |
U.S. District Court for the District of Connecticut |
$6,349,000 |
Curtis pleaded guilty on Jan. 20 to collecting $5.0 million by setting up vendor companies that were fraudulently paid for services. |
United States v. Curtis, et al. |
3:10CR35(JHC) |
1/18/2011 |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Thuan Nhan Du, Cindi Gayle Kelly, James Duncan |
Riverside County District Attorney |
Riverside Superior Court |
n/a |
Two defendants accused of fraudulent mortgage investment scheme sentenced. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/litigationcriminal022111.asp |
| Young America Mortgage Corp. |
ING Bank, FSB |
Superior Court of the County of Los Angeles |
$328,500 |
Buyer of mortgage loans sued seller demanding repurchase of the loans based on alleged breaches of warranty re: accuracy of information about borrower in the loan file. Court reversed grant of summary judgment stating that buyer failed to prove damages because it did not introduce evidence that it foreclosed on the property securing the loan, nor did it show that the value of the home was less than the amount owed. |
Young America Mortgage Corp. v. Superior Court of the County of Los Angeles, ING Bank, FSB |
B219955 |
2/22/2011 |
www.mortgagedaily.com/lawsuiting022311.asp |
