Archives For Employment/Income

Rosita Vilchez, 39, a fugitive in Lima, Peru, until she was extradited to the United States in June 2015, pled guilty to leading a wide-ranging mortgage fraud conspiracy that targeted hundreds of victims in the northern Virginia Hispanic community. The mortgage fraud scheme, which operated between August 2005 and August 2007, generated nearly $7.4 million in fraudulent proceeds and caused losses of more than $15 million to lenders, most of which were federally insured. Continue Reading…

Soo Kyung Hong, aka Maria Hong, 48, Los Angeles, California, was sentenced to three years in federal prison for orchestrating a scheme that led to the fraudulent purchase of four properties worth more than $2 million.

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Darryl Burke, 50, and Vicki Garland, 50, both of Delray Beach, Florida, were sentenced by U.S. District Judge James I. Cohn for their roles in a multi-million dollar bank fraud scheme spanning from at least 2002 through 2013, wherein they used fake documents, including false wage and tax documents, and false claims of employment and income, to obtain bank loans for investment properties in low-income neighborhoods.

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Roger Dean Bailey, Jr., 41, Hickory, North Carolina, was sentenced to 30 months in prison for his role in a mortgage and consumer fraud conspiracy involving manufactured and modular homes.  From 2004 to 2008, Bailey was involved with the origination of up to 154 fraudulent HUD/FHA-insured mortgages.

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Matthew Amato, 31, Broomall, Pennsylvania, pleaded guilty to one count of making false statements to banks. Amato admitted lying to three lenders for the purpose of influencing the actions of the banks upon lines of credit for which he had applied.

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Shola Risikat Balogun, 48, Upper Marlboro, Maryland, was sentenced by U.S. District Judge Peter J. Messitte to 37 months in prison followed by three years of supervised release for conspiring to commit wire fraud in connection with a mortgage fraud scheme that she organized and managed, which resulted in over $1.352 million of actual losses to mortgage lenders.

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Linda Yarleque, 44, and Fabio Moreno Vargas, 47, Bergen County, New Jersey, husband and wife, were both sentenced to prison for lying about their employment, income, and other financial information in order to fraudulently obtain millions in mortgages.

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Irfan M. Jameel, 51, Virginia Beach, Virginia, was convicted by a federal jury on charges of wire fraud, bank fraud, and use of a false Social Security number in connection with obtaining $5.375 million in loans.

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Alejandro Matos, 43, Riverview, Florida, pleaded guilty to conspiracy to commit wire, mail, and bank fraud for his role in assisting in the preparation and submission of loan applications that included numerous false and fraudulent representations relating to employment and income

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Sarah Kate Henecke, 35, also known as Alessandra Valencia Toscanelli, Las Vegas, Nevada, pleaded guilty to making a false statement on a residential loan application to the Department of Housing and Urban Development.

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