Archives For Down Payment Fraud

Seven individuals have been indicted in the Southern District of Florida for their alleged participation in a mortgage fraud scheme in the Miami, Florida area.

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Poppi Metaxas, 60, Hillsborough, California, the former chief executive officer and president of Gateway Bank FSB, with bank fraud, bank fraud conspiracy, and perjury.

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Antonio Perez Marcial, 41, Bakersfield, California, pleaded guilty to conspiracy to commit bank fraud, mail fraud, and wire fraud in connection with a mortgage fraud scheme in Bakersfield.

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Mohammad N. Islam, also known as “Tanveer,” 38, Trumbull, Connecticut, waived his right to indictment and pleaded guilty before U.S. Magistrate Judge Leslie G. Foschio to conspiring to defraud financial institutions through an extensive mortgage fraud scheme that involved dozens of properties in Fairfield County, Connecticut.

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Jerry Goh, 51, Allen, Texas, who pleaded guilty in April 2013 to one count of a misprision of a felony stemming from his involvement in a loan fraud scheme was sentenced by U.S. District Judge David C. Godbey.

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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.

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Samuel R. VanSickle, a/k/a Donald Blunt, Jacob Aiken, Allen Helms, Paul Walsh, and William Hall, Attorney, 49, Accident, Maryland, and Louis W. Strosnider, III, 47, Oakland, Maryland, have been indicted by a federal grand jury on charges related to a $3.7 million bank fraud conspiracy.

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Michele Carducci, 37, Tampa, Florida, pleaded guilty to conspiracy to commit wire fraud affecting a financial institution and making false statements to a federal agency.

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Eric Gagnepain, 41, Nixa, MIssouri, who was a co-owner of Greenleaf Companies, has pleaded guilty in federal court to aiding and abetting a bank fraud conspiracy that was part of a multi-million-dollar mortgage investment scheme.

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David R. Sharrock, 71, Mansfield, Ohio, was sentenced to 135 months in prison and ordered to pay $767,462 in restitution for his role a mortgage fraud scheme which caused approximately $1.3 million in losses to five lending institutions.

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