Sponsored by:
Mortgage and Fraud and the Law, Oh My!
Monday, May 14 2012 06:12
Real Estate Developer Goes to Jail for Inflating Home Prices
William E. Baker, 66, Chico, California, was sentenced by United States District Judge Edward J. Garcia to 18 months in prison, to be followed by three years of supervised release. Baker pleaded guilty to mail fraud for his involvement in a mortgage fraud scheme.
Thursday, May 03 2012 06:09
Mortgage Scam Perpetrated at Height of Financial Crisis Lands Fraudster in Prison for 7 Years
James Delbert McConville, 61, Fremont, California, was sentenced to 93 months in prison, and ordered to pay more than $7 million in restitution for conspiring to commit mail and wire fraud related to approximately 80 fraudulent loan applications secured by real property in Escondido and San Marcos, California.
Wednesday, May 02 2012 07:02
Lawyer Agrees to Disbarment for his Role in Loan Modification Scam
Philip A. Kramer, 52, Calabasas, California, an attorney at the center of a national loan modification scam, agreed in April 2012 to be disbarred.
Monday, April 30 2012 05:35
Real Estate Investors Admit Bid RIgging at Foreclosure Auctions
Lydia Fong and Matthew Worthing, both of San Francisco, California, have agreed to plead guilty to their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in northern California.
Friday, April 27 2012 07:42
Fraudster Locked Up for Stealing from Lenders
Scott Dority, 54, San Marino, California, has been sentenced to 121 months in federal prison for defrauding banks and other lenders by using straw borrowers and bogus documents to obtain millions of dollars in loans for houses and high-end vehicles that included Ferraris and Lamborghinis.
Friday, April 27 2012 00:14
Man Arrested for Forging Grant Deeds, Renting Out Foreclosures
Eric Lamonte Smith, 38, Upland, California, has been arrested and charged with real estate fraud, identity theft, forgery, and preparing fraudulent credit applications. The defendant was arraigned and pleaded not guilty to all counts.
Wednesday, April 25 2012 08:18
Tax Preparer Sent to Prison for Mortgage Fraud
Patricia Ann King, 57, Bakersfield, California, was sentenced by Chief United States District Judge Anthony W. Ishii to three years and one month in prison for her role in a mortgage fraud scheme and for aiding and assisting the preparation of false tax documents in connection with her tax preparation business.
Wednesday, April 25 2012 06:16
6 Face Federal Charges for Illegal Flipping Scheme
Six people—including women from Orange County and Tennessee—have been charged by Federal Prosecutors in relation to a multi-million-dollar real estate flipping scheme in which investors were promised titles to homes that could be easily resold but in fact did not have "clean" titles, were uninhabitable, or were simply worthless.
Monday, April 23 2012 00:51
Mother Sentenced for Forgery and Straw Buyer Conspiracy
Sushama Devi Lohia, 74, Newport Beach, California, a mother convicted of conspiring with her two daughters and son-in-law to commit over $16 million in real estate fraud by forging documents and purchasing homes using straw buyers, was sentenced to eight years in state prison.
Tuesday, April 17 2012 08:05
10 Charged in $10M Mortgage Fraud Scam
10 Individuals have been charged in an 18-count indictment in federal court in San Diego, California, with conspiracy to commit mail and wire fraud, mail fraud, wire fraud, conspiracy to commit money laundering, and money laundering in connection with a mortgage fraud scheme which resulted in lenders funding over $10,000,000 in mortgage loans.
Quick Links
Get our newsletter
Archive List
Resources
Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.
Read more about Ms. Dollar
Most Read Articles
-
Foreclosure Rescue Company Sued for Violations
Diversified Real Estate Consultants LLC (DREC), an Ohio-based foreclosure rescue…Read more...
-
Police Officer Charged with Mortgage Fraud
Keith McCloud, an officer in the Detroit Police Department, was…Read more...
-
Texas Man Pleads Guilty After Failing to Report Wife's Fraud Scheme
Clyde Parrish Athens, Texas pled guilty to one count of…Read more...
-
$1.7M Provided to Arizona to Fight Mortgage Scams
Attorney General Terry Goddard has been awarded a $1.7 million grant…Read more...
-
Man Sentenced to 25 Years for Foreclosure Rescue Scam
Jeff McGrue, 51, Tacoma, Washington, was sentenced to 25 years in…Read more...