Julie Dianne Farmer, 46, Bakersfield, California, was sentenced by United States District Judge Lawrence J. O’Neill to three years in prison, to be followed by five years of supervised release, for her involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007.
Jesse Wheeler, 37, Roseville, California, Jewel Hinkles, aka Cydney Sanchez, 64, Los Angeles, California, Cynthia Corn, 61, Oakland, California, and Brent Medearis, 48, Modesto, California, were sentenced on September 29, 2014, by U.S. District Judge William B. Shubb for their roles in a foreclosure rescue scam.
Kathryn Sylvester, San Diego, California, was sentenced to 41 months in custody for operating a large-scale mortgage fraud scheme that caused over $6 million in losses on various properties in San Diego and Orange Counties, California. Sylvester promised straw buyers that she would flip a number of the properties for a quick profit. Instead, she systematically drained equity from the properties for her own benefit.
Kenneth J. Enrico, 47, Bohemia, New York, has been sentenced to 12 years in prison for posing as a mortgage broker to defraud over 300 borrowers nationwide out of $1.2 million in application fees for loans that he could not close.
Jason Vitulano, 39, Boca Raton, pled guilty before U.S. District Judge Kenneth Marra to charges of conspiracy to commit mail fraud and wire fraud, and mail fraud, in violation of Title 18, United States Code, Sections 1349 and 1341, admitting his role as ringleader of a loan modification scheme.
Michael John Mangan, 43, owner of multiple Minnesota-based businesses, has been indicted and charged with four counts of wire fraud and three counts of mail fraud for allegedly stealing over $1 million of real estate investment funds and loans.
Six family members are the subjects of a Colorado statewide grand jury 37-count indictment for using their status in the real estate industry to perpetrate a fraud-for-profit mortgage fraud scheme. The family is accused of manipulating straw buyers to buy and sell properties destined for foreclosure.
Jimmy Hitchcock, 43, Clemmons, North Carolina, former NFL football player, was sentenced on Tuesday, September 23, 2014, to serve 46 months in federal prison, to be followed by two years of supervised release, for his role in a multi-million mortgage fraud conspiracy. Hitchcock and his conspirators used false documents to support mortgage transactions and even recruited a bank insider to assist in the scheme.
Terrence Matthew Brown, also known as Terry Brown, 49, Round Rock, Texas, was sentenced in federal court for his role in a $2.7 million mortgage fraud scheme. The scheme involved Brown buying homes at inflated prices, obtaining mortgage loans by fraud at the inflated amounts, and receiving kickbacks from the excess loan proceeds without the lenders’ knowledge.
Annika Boas, 37, Mount Rainier, Maryland, was convicted on September 19, 2014, of conspiracy, wire fraud and making a false statement on a loan application, arising from a residential mortgage fraud scheme.