Erroll Davis, 52, Chicago, Illinois, a former police lieutenant who allegedly played a role in a mortgage fraud scheme has pleaded guilty to to one count of making false statements in a tax return.
Vadim Vilchitsa, 32, Sacramento, California, was sentenced by United States District Judge Kimberly J. Mueller to 15 months in prison, and Yevgeniy Y. Zazhitskiy, 39, North Highlands, California, was sentenced to 20 months in prison. Restitution will be set at a hearing on January 29, 2014.
Lillian Marquez, 38, and Michael Keatts, 56, both of Stockton, California, were arrested in their homes for a mortgage fraud scheme. A federal grand jury indictment charged them with conspiring to commit mortgage fraud and with nine counts of mail fraud. The indictment was unsealed upon their arrests.
Frank Mete, 55, Berlin, Connecticut, waived his right to indictment and pleaded guilty before U.S. Magistrate Judge Donna F. Martinez in Hartford to fraud and tax evasion offenses stemming from an investment fraud scheme.
Bryan D’Antonio, 47, Brea, California, and Charles Wayne Farris, 53, Aliso Viejo, California, were arrested for operating the Rodis Law Group and America’s Law Group, businesses that allegedly offered bogus loan modification assistance to struggling homeowners. Ronald Rodis, 49, Irvine, California, an attorney, surrendered to federal agents on charges alleging that he participated in, and lent his name and the law license he formerly possessed to, the fraudulent operation.
Jill M. Evans, owner of Paramount Mortgage of Colorado Ltd., admitted defrauding more than a dozen individuals across the country out of thousands of dollars in fees for mortgages and loans she never delivered. Evans further agreed to pay full restitution to the victims.
Nine individuals have been charged in Colorado with targeting distressed homeowners as part of a fraudulent short-sale scheme that allowed the defendants to ultimately defraud the banks and lenders who held the mortgages for the distressed homeowners.
“It is unconscionable that this group would target financially distressed and vulnerable homeowners by fraudulently taking control of and selling their properties, with the ultimate goal of defrauding the homeowners’ financial institutions and the subsequent homeowners.” said Colorado Attorney General John Suthers. “This group took advantage of multiple homeowners, using deception and forged documents, to create illegal profits on the sale of various properties.”
Jeffrey Youngheim, 47, Portage, Indiana, and Richard Loveless, 52, Gary, Indiana, were sentenced by District Judge Joseph Van Bokkelen for their roles in a large-scale mortgage fraud scheme.
Rita “Jessica” Martinez, 31, Gilbert Martinez, 35, both of Houston, Texas, and Felix Martinez, 37, New Caney, Texas, have been charged with conspiracy and bank fraud for their alleged involvement in a scheme to defraud Farmers and Merchants Bank, Long Beach, California, of bank loans for themselves and others.
Charles Head, 36, Pittsburgh, Pennsylvania, Benjamin Budoff, 46, Colorado Springs, Colorado, and Domonic McCarns, 39, Irvine, California, were found guilty after a five-week trial by a federal jury in Sacramento, California.