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Mortgage Embezzlement Legal Actions – Q2 2011 Second-Quarter 2011 Mortgage Litigation Index

Mortgage Embezzlement Legal Actions
Second-Quarter 2011 Mortgage Litigation Index
Legal actions on mortgage-related embezzlement and accounting fraud.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to StoryLink to Story
Jaime Lee Lawler, a/k/a Paige Kinney United States United States District Court District of Arizona $40,000,000 After her 2007 termination from Countrywide Home Loans, Lawler was hired by PRMI to work in their Phoenix branch. The DOJ alleges that while working there, she managed to fraudulently bill the company for $123,000 in mortgage leads. Lawler is also accused participating in a nearly $40 million mortgage fraud scheme. United States v. Jaime Lee Lawler, et al. CR-10-00796-PHX-NVW; CR-11-00491-PHX-NVW 06/15/10 www.mortgagedaily.com/LitigationCriminal061711.asp
Angelena Pena n/a n/a $250,000 Angelena Pena, a former branch manager at Nickeloid Employees Credit Union, pled guilty to one count of financial institution fraud. Pena admitted that although she was approved in 2009 for an $86,900 home-equity loan from her employer, she altered documents and inflated the HEL to $250,000 to support a gambling problem. n/a n/a n/a www.mortgagedaily.com/LitigationCriminal041211.asp
Adrian Carroll United States United States District Court District of South Carolina $1,000 Carroll is charged with embezzling over $1,000 from her former employer, Carolina First Bank, between September 2008 and May 2009. United States v. Adrian Carroll n/a n/a www.mortgagedaily.com/LitigationCriminal061711.asp
Michael Ho Kim n/a n/a $1,000,000 Michael Ho Kim is accused of stealing more than $1 million from borrowers who whose loans were serviced by his former employer, Bank of America. Kim was also sued by Robin and Frances Kaneshiro over a soured real estate deal. n/a n/a n/a www.mortgagedaily.com/LitigationCriminal061711.asp
Julie Phillips United States United States District Court for the District of Vermont $100,000 Julie Phillips, a district manager who oversaw operations at six CitiFinancial branch offices in northern Vermont, pled not guilty in federal court to a bank fraud charge claiming she embezzled an estimated $100,000 from the institution between April 2009 and June 2010. U.S. v. Phillips n/a n/a www.mortgagedaily.com/LitigationCriminal041211.asp

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