Emiel A. Kandi, 37, University Place, Washington, a former hard money lender, pleaded guilty to conspiracy to submit false statements in loan applications and make false statements to the Department of Housing and Urban Development and to submitting false statements in loan applications.
Andrew Constantinou, 57, Unionville, Connecticut, and Jacques Kelly, 48, Poughkeepsie, New York, were convicted by a federal jury for their roles in an extensive mortgage fraud scheme arising from the fraudulent purchases of more than 40 properties in New Haven. The defendants conspired to defraud mortgage lenders of millions of dollars of mortgage proceeds by inflating the contract price that the sellers of the properties had actually agreed to accept…
Alejandro Matos, 43, Riverview, Florida, pleaded guilty to conspiracy to commit wire, mail, and bank fraud for his role in assisting in the preparation and submission of loan applications that included numerous false and fraudulent representations relating to employment and income
John Thomas, 51, Chicago, Illinois, a real estate developer, was arrested on federal charges alleging that he defrauded the south suburban Village of Riverdale of funds provided for the redevelopment of the now closed Riverdale Marina. The defendant allegedly fraudulently obtained approximately $370,000 for himself from $900,000 in financing.
Randy Alan Carpenter, 56, Spruce Pine, North Carolina, an attorney, engineer and appraiser, was sentenced by U.S. District Judge Graham Mullen to 27 months in prison for making false statements on his tax returns.
Eliyahu Weinstein, 38, Lakewood, New Jersey, who was sentenced less than two months ago to 22 years in prison for running a Ponzi-style real estate scheme, was indicted by a federal grand jury on new charges of conspiracy, wire fraud, and transacting criminal proceeds while on pretrial release.
Regina M. Preetorius, 47, Augusta, Georgia was sentenced to 280 months in prison by U.S. District Court Judge J. Randal Hall for her role in a multi-million-dollar investor fraud scheme.
Mohamed Hanif Omar, a Georgia real estate investor, pleaded guilty to his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Georgia. The defendant made and received payoffs and diverted money to co-conspirators that would have gone to mortgage holders and others by holding second, private auctions open only to members of the conspiracy.
Victoria l. Sprouse, Charlotte, North Carolina, was sentenced on April 15, 2014, for her role in a mortgage fraud scheme involving the use of false mortgage applications and HUD-1 Settlement Statements.
Julius Williams, 43, McKinney, Texas, has been sentenced to federal prison in connection with a combination foreclosure rescue, grow house and drug distribution scheme in the Eastern District of Texas…