Franklin Thad Harris, 58, and Merlin D. Unruh, 53, both of Grand Junction, Colorado, pled guilty before U.S. District Court Judge Christine M. Arguello to money laundering for submitting false and fraudulent expense documentation, primarily false invoices, which represented various types of construction work that, in fact, had not been completed.
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The Castle Law Group, its principals and affiliated foreclosure-related businesses, as well as Aronowitz & Mecklenburg, its principals and affiliated foreclosure-related businesses, are the subjects of civil law enforcement actions for allegedly charging fraudulent and inflated costs for the posting of two statutorily-mandated notices on the homes of borrowers facing foreclosure.
Matthew Sysum, 44, Fort Collins, Colorado, who was convicted of running a mortgage fraud scheme, was sentenced in Weld County District Court to five years in prison.
Roger K. Howard, 51, Englewood, Colorado, was sentenced on Tuesday by U.S. District Court Judge R. Brooke Jackson to serve 108 months in federal prison for wire fraud and money laundering.
Jana DeWitt and Kenneth Westfall, licensed real estate agents operating in Colorado Springs, Colorado, have paid the United States $93,500 in civil penalties to settle allegations that they engaged in deceptive conduct that violated the Financial Institutions Reform Recovery and Enforcement Act (FIREEA).
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.
Alois Craig Weingart, 60, Castle Rock, Colorado, was sentenced to 30 months in prison for his role in mortgage fraud scheme with losses to lenders totaling $12 million.
Roger K. Howard, 50, Englewood, Colorado, pled guilty recently before U.S. District Court Judge R. Brooke Jackson to three counts of wire fraud and one count of money laundering.
Steven J. Mascarenas, 53, Westminster, Colorado, was sentenced by U.S. District Court Judge Robert E. Blackburn to serve 72 months in federal prison for wire fraud, making a false statement to a pretrial services officer, and escape.Continue Reading...