Archives For Arizona

Paxton Jeffrey Anderson, 40, and Joseph John Plany, 39, have been convicted after a 12-day trial of 25 counts and 22 counts, respectively, of bank fraud and one count each of conspiracy to commit bank fraud for their participation in a mortgage fraud scheme.

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Dawn Anderson, Maricopa, Arizona, a real estate broker and owner of Maricopa Properties, LLC, a property management company, was indicted and charged with theft, forgery, and fraud schemes and practices.

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Maria Elena Alvarez, Maricopa County, Arizona, is the subject of a consent judgment that prohibits her from providing mortgage or other consumer loan modification services to Arizona consumers.

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Mariano Vincente Cano, Tuscon, Arizona, was sentenced by U.S. District Judge David C. Bury to 14 months in prison and ordered to pay over $350,000 in restitution for his role in a straw buyer mortgage fraud scheme.

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Michael Stewart, 66, Phoenix, Arizona, and John Packard, 63, Long Beach, California, the owners of a now-defunct Southern California real estate investment firm were arrested for allegedly perpetrating a Ponzi scheme that ended with the bankruptcy of their company and caused private investors and banks collectively to lose well over $110 million when the scheme collapsed.

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Joseph N. Gagliano, 45, Phoenix, Arizona, was sentenced to 30 months in prison and ordered to pay $2,903,010.26 in restitution by U.S. District Court Judge G. Murray Snow.

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Dino Sisneros, Tuscon, Arizona, has been sentenced to 5 years in prison for his role in a mortgage fraud conspiracy to obtain loans totaling almost $13.5 million between 2003 and 2007.

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Walter Scott Fruit, 54, and Sandra Jackson, 48, both of Tucson, Arizona, were sentenced to federal prison by U.S. District Court Judge Cindy K. Jorgenson for their role in a mortgage fraud scheme. Fruit was sentenced to 30 months in prison; Jackson was sentenced to six months in prison.

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Horacio Lomeli, a 12-year veteran Department of Public Safety Officer, and his wife, Carmen Lomeli, have been convicted by a jury on charges of conspiracy, money laundering, and theft related to Mrs. Lomeli’s embezzlement of over $175,000 from her employer Sierra Seed, LLP, based in Nogales, Arizona. Mrs. Lomeli also was convicted of mortgage fraud.

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Robert Heckinger, 67, Tucson, Arizona, an Enrolled Agent with the IRS at the time of the incident, was sentenced July 8, 2013, to 60 months of probation for his role in preparing two fraudulent tax letters upon which a mortgage lender relied to approve two loans . He was also ordered to pay $45,055 in restitution.

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