An indictment has been unsealed charging 15 defendants, including charges of conspiracy to commit bank fraud and wire fraud in connection with mortgages and other loans secured by properties in Brooklyn, Manhattan and Monroe in Orange County, New York. Continue Reading…
Scott Edward Cavell, 31, Sacramento, was sentenced by United States District Judge John A. Mendez to five years in prison and ordered to pay $7.4 million in restitution for committing wire fraud in connection with laundering mortgage fraud proceeds.
Christopher Wayne White, 44, Fort Lauderdale, Florida, pled guilty in three separate fraud cases before U.S. District Judge William P. Dimitrouleas involving escrow fraud, making false statements to a lender in connection with the purchase of a luxury home as well as false statements on his naturalization application.
Antonio Pimenta, 46, Neshanic Station, New Jersey, has been indicted for his role in a $1 million mortgage fraud scheme, including an alleged bribe of a bank agent to approve a loan on a property that exploded hours before the closing.
Numerous participants in an expansive mortgage fraud scheme were sentenced by Chief United States District Judge James C. Dever, III to prison. Chief Judge Dever also collectively ordered more than $10 million in forfeiture and restitution judgments against the defendants. Those sentenced by the Court included multiple real estate developers, a closing attorney, two mortgage brokers, and a real estate broker.
John Voloshin, 58, Woodbridge, Connecticut, was sentenced by U.S. District Judge Robert N. Chatigny to nine months of imprisonment for violating the terms and conditions of his federal supervised release from his conviction for mortgage fraud. Shortly after his release from prison, Voloshin repeatedly lied to and misled his supervising probation officer by concocting a bogus job for a real estate concern in London.
Jeffrey Charles Leroy Taylor, 40, a former Tampa Bay Buccaneers football player, pled guilty before U.S. Magistrate Judge Dave Lee Brannon to charges of conspiracy to commit mail fraud and wire fraud, and mail fraud for his role in a scheme to bilk thousands of homeowners who were struggling to make their mortgage payments. .
Malgorzata Karas-Golka, also known as Margaret, 46, Newington, Connecticut, and Carmelinda Marotta, also known as Linda, 45, Manchester, Connecticut, pleaded guilty to one count of bank fraud related to an extensive mortgage fraud scam wherein the defendants falsified loan applications and HUD-1 Settlement Statements. Continue Reading…
Christopher Wayne White, 43, Fort Lauderdale, Florida, has been charged with three counts of wire fraud for his alleged role in receiving almost $600,000 from three clients, but then refusing to return the escrow deposits. If convicted, White faces a maximum penalty of twenty years in prison, five years supervised release and a fine of up to $250,000 for each count. Continue Reading…
Nationwide Consulting, LLC, and its operators, Kenneth Sandoval and Zacharia Ortiz, who were convicted for their roles in a loan modification scheme, will be repaying their victims out of restitution obtained in the criminal case.