Former Chicago Cop Cops Plea in Mortgage Fraud Case
A former longtime Chicago police lieutenant pleaded guilty today to participating in a mortgage fraud scheme involving a Northwest Side real estate mogul and a crooked former suburban police chief.
Early Prison Exit for Ailing Mortgage Fraud Convict
Federal inmate No. 67929-061 -- better known as Marsha K. Parenteau -- will be released from prison seven months early to deal with a medical problem.
Investors Victimized in Mortgage Fraud Operation
Two men were sentenced today in federal court in Sacramento, Calif., in two related mail fraud cases involving the purchase and sale of 24 Sacramento-area homes in 2007 and 2008.
Distressed Borrowers Burned in Mortgage Fraud Scheme
SACRAMENTO, Calif. -- Federal agents arrested two Stockton residents Wednesday in connection with a mortgage fraud scheme.
12th Guilty Plea in California Mortgage Fraud Case
A 12th defendant in the Crisp & Cole mortgage fraud case has signed a plea agreement, leaving only three people to face trial Feb. 4, the new start date.
Police Lieutenant, Frmr Bank CEO Arrested for Mortgage Fraud
An owner of Chicago realty business who also led a now-defunct Chicago bank was arrested today on federal bank fraud charges involving an alleged scheme to illegally provide a $650,000 mortgage for the purchase of a South Side apartment building.
Civil, Criminal Mortgage Fraud Cases Concluded
A Redding, Calif., man has been sentenced in federal court in Sacramento, and a San Diego County loan processing firm has agreed to a civil settlement in separate mortgage fraud cases.
Realtor Cops Plea in Big CA Mortgage Fraud Case
Michael Angelo Munoz, a former real estate agent and defendant in Bakersfield's Crisp & Cole mortgage fraud case, has agreed to plead guilty to two counts of mail fraud, the U.S. Attorneys Office announced Tuesday.
Family's Pleas Fail to Prevent Prison for Mom in Mortgage Fraud Case
Pleas by two sons, a daughter and a father didn't stop a federal judge yesterday from ordering Deborah L. Kistner to prison for a $9 million mortgage fraud that stretched from Ohio to Florida.
Appraiser Gets 1.5 Yrs in $100 Mil Mortgage Fraud Case
A Jefferson Hills, Pa., woman told a federal judge on Thursday that her insecurities led her to help her brother commit a multimillion-dollar mortgage fraud and lie about threats to her husband, a federal drug enforcement agent.
3 Yrs for New Orleans Lawyer in $50 Mil Mortgage Fraud
A New Orleans lawyer who was working in Las Vegas as a real estate agent was sentenced to three years in prison in a mortgage fraud operation that scammed more than $50 million from financial institutions, U.S. District Judge Philip M. Pro announced today.
Sacramento Area Men Sentenced For Mortgage Fraud
SACRAMENTO, Calif. — United States District Judge Kimberly J. Mueller sentenced two defendants today in two related cases for mail fraud involving the purchase and sale of 24 Sacramento area homes in 2007 and 2008, United States Attorney Benjamin B. Wagner announced.
Stockton Real Estate Agents Arrested For Long-Running Mortgage Fraud Scheme
SACRAMENTO, Calif. — Federal agents arrested Stockton residents Lillian Marquez, 38, and Michael Keatts, 56, in their homes early this morning for a mortgage fraud scheme, United States Attorney Benjamin B. Wagner announced. A federal grand jury indictment charged them with conspiring to commit mortgage fraud and with nine counts of mail fraud. The indictment was unsealed today. The defendants are scheduled to be arraigned today at 2:00 p.m. in Sacramento.
Bakersfield Real Estate Agent Pleads Guilty in Crisp & Cole Real Estate Fraud Scheme
FRESNO, CA—Jeriel Salinas, 32, of Bakersfield, pleaded guilty today to one count of conspiracy to commit mail fraud, wire fraud, and bank fraud relating to his involvement in an extensive mortgage fraud scheme while working at Crisp & Cole Real Estate, United States Attorney Benjamin B. Wagner announced.
Week in Review—Hammond
HAMMOND, IN—The United States Attorney's Office announced the following activity in federal court:
Nine Defendants, Including Title Company Owners and Lawyers, Indicted in Two Separate Mortgage Fraud Schemes
CHICAGO—A couple who owned a now-defunct suburban title company, a disbarred attorney, and an attorney are among nine defendants who have been indicted in two separate mortgage fraud cases, federal law enforcement officials announced today. Seven defendants were charged together in one case, and two in the second case, together alleging schemes to fraudulently obtain at least four residential mortgage loans totaling more than $1 million from lenders.