Husband, Wife Sentenced for $15 Mil in Mortgage Fraud
A Bucks County, Pa., man was sentenced to five years in federal prison Thursday for using a supposed mortgage-rescue program to drain nearly $15 million in home equity from homeowners facing foreclosure.
Judge Backs Off Changing Mortgage Fraud Plea
A federal judge has abruptly canceled a hearing he had set for Thursday to hear arguments on whether to annul a guilty plea submitted by Jennifer Crisp, a key defendant in the Crisp & Cole mortgage fraud case.
Guilty Plea Could be Voided in Mortgage Fraud Case
The Crisp & Cole mortgage fraud case took an odd turn Tuesday when a federal judge indicated he is considering whether to annul Jennifer Crisp's guilty plea to one count each of mail and wire fraud.
Former RE Broker Pleads Guilty to Mortgage Fraud
A former San Luis Obispo, Calif., real estate broker pleaded guilty to orchestrating what federal prosecutors call a scheme to fraudulently flip properties across San Luis Obispo County.
Real Housewives Stars Admit Mortgage Fraud
Teresa and Giuseppe "Joe" Giudice, who flaunted their lavish-spending over five seasons on "The Real Housewives of New Jersey," pleaded guilty Tuesday to conspiracy, mortgage and bankruptcy fraud charges that could send them both to prison.
Mortgage Fraud Fugitive Assaults Federal Prosecutor
A convicted mortgage-fraud fugitive who had been missing for eight months assaulted a federal prosecutor in an open courtroom in downtown Detroit this afternoon, just hours after getting nabbed in Saline.
Jail for Fincl Planner in Frmr NFL Player's Criminal Case
CAMDEN, N.J. -- A former financial planner from Bucks County was sentenced Friday to 20 months in prison for his role in a mortgage scheme that defrauded a dozen banks of about $2 million over a three-year period ending in May 2010.
Disbarred Attorney Admits Mortgage Fraud
A disbarred Hauppauge, N.Y., attorney was arrested Wednesday for lying to FBI agents about his role in a mortgage scam that purported to help owners save their homes from foreclosure, officials said.
8 Years for Appraiser in Mortgage Fraud Case
A former appraiser who overstated housing values and glossed over problems such as a den of black snakes in one house's basement will spend eight years in prison for participating in more than $9 million worth of mortgage fraud, a federal judge ruled Wednesday.
Woman Sentenced for Defrauding Chase on Mortgage
A Memphis, Tenn., woman has been sentenced to nearly six years in prison after pleading guilty to mortgage fraud, officials said.
Ponzi And Mortgage Fraud Defendants Plead Guilty
SACRAMENTO, Calif. —John Hagener, 77, of Granite Bay, and Dawn C. Powers, 43, of Lincoln, separately pleaded guilty today to conspiracy charges, United States Attorney Benjamin B. Wagner announced.
Bucks County Couple Sentenced For Foreclosure Rescue Fraud Scheme
PHILADELPHIA - Edward G. McCusker, 49, of Chesterbrook, PA, was sentenced today to five years in prison for a massive mortgage fraud scheme that resulted in at least 35 fraudulent mortgage loans worth more than $10 million. His wife Jacqueline, 49, of New Hope, PA, was sentenced to one year of home confinement followed by three years of probation for her role in the crime. A federal jury convicted the couple on June 22, 2011 of conspiracy to commit mail and wire fraud, conspiracy to commit money laundering, wire fraud and mail fraud. U.S. District Court Judge Mary McLaughlin handed down the sentence. In addition to the prison terms, the McCuskers were ordered to forfeit $400,000; Edward McCusker was order to pay a fine of $12,500, a special assessment of $1,000, and complete three years of supervised release; Jacqueline McCusker was ordered to pay a special assessment of $900.
Real Estate Professional Pleads Guilty to Federal Bank Fraud Charges for Illegally Flipping Central Coast Residential Properties
LOS ANGELES—A former San Luis Obispo real estate broker pleaded guilty today to orchestrating a property "flipping" scheme in which he purchased houses in short sales at artificially low prices and immediately resold the properties at their true market values.
'Real Housewives Of New Jersey' Stars Plead Guilty To Conspiracy, Bankruptcy Fraud And Tax Offenses
NEWARK, N.J. – Two of the stars of the Bravo TV television show "The Real Housewives of New Jersey" today admitted committing a string of crimes as part of a long-running financial fraud conspiracy, U.S. Attorney Paul J. Fishman announced.
Former HUD-OIG Special Agent In Charge Indicted
ATLANTA - Herschell Harvell, Jr. made his initial appearance in federal court on charges of making false statements to a bank to obtain a mortgage loan and conspiring to obstruct an investigation into his real estate transactions by the U.S. Department of Housing and Urban Development, Office of Inspector General (HUD-OIG). Until he was terminated last year, Harvell was the Special Agent in Charge of HUD-OIG's Atlanta office, which encompasses several southeastern states. Harvell's co-defendant and nephew, Tavus A. Wright also made his initial appearance on federal charges of conspiracy, obstruction of justice, and perjury.