Mortgage Embezzlement Legal Actions
Third Quarter 2008 Mortgage Litigation Report
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed | Link to StoryLink to Story |
Mark Turkcan | United States of America | U.S. District Court for the Eastern District of Missouri | $35 million | Mark Turkcan, former president of First Bank Mortgage, was indicted for allegedly hiding loans and losses, a joint statement from the U.S. Department of Justice and Federal Bureau of Investigation said. The deceit caused the St. Louis-based company to pay more than $35 million in loans, interest, commissions and other fees to Bear Stearns. | United States v. Turkcan | na | July 10, 2008 | www.mortgagedaily.com/FraudFirstBanks071108.asp |