Archives For False Documents/HUD

Warren Ballentine, 43, Durham, North Carolina, an Illinois lawyer and Internet radio talk show host, was convicted on federal charges for engaging in two mortgage fraud schemes that defrauded lenders of a total of approximately $9.7 million.

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Filippos Milios, also known as Filip Milios, 55, Newington, Connecticut, pleaded guilty before U.S. Magistrate Judge Donna F. Martinez to conspiracy and money laundering offenses stemming from his role in a mortgage fraud scheme that involved dozens of Connecticut properties.

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Justin W. Jeffries, 35, and Scott A. Jeffries, 59, were each sentenced to 5 years probation and restitution in the amount of $206,046.89 for their roles in the mortgage fraud scheme wherein they falsified the source of borrower down payments, among other things.

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Karl Oreste, 56, Miramar, Florida, pled guilty before U.S. District Judge Robert N. Scola, Jr., to one count of conspiracy to commit wire fraud affecting a financial institution, in violation of Title 18, United States Code, Section 1349.  The defendant and his co-conspirators operated a multi-million dollar straw buyer mortgage fraud scheme.

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A six-count indictment was unsealed in federal court charging six people with bank and wire fraud concerning their alleged participation in a scheme to defraud lenders using fraudulent loan applications, falsified HUD-1 Settlement Statements and inflated appraisals.

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Joseph Gekko, 45, Yorba Linda, California, pleaded guilty to three counts of wire fraud in connection with a mortgage fraud scheme. Gekko admitted that he had prepared fraudulent HUD-1 Settlement Statements, which not only falsified the purchase prices, but the true source of down payments.

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Asm Afsary, 41, Stamford, Connecticut, waived his right to indictment and pleaded guilty before Chief U.S. District Judge Janet C. Hall 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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Karl Oreste, 56, Miramar, Florida, Marie Lucie Tondreau, a/k/a Lucie Tondreau, 54, North Miami, Florida, Okechukwu Josiah Odunna, a/k/a O.J. Odunna, 49, Lauderdale Lakes, Florida, and Kelly Augustin, 57, North Miami, have been charged for their roles in an alleged scheme whereby they recruited and paid people to pose as borrowers to purchase properties.

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Taimur Aurora, 40, Stamford, Connecticut, waived his right to indictment and pleaded guilty before Chief U.S. District Judge Janet C. Hall 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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Andrew Constantinou, 57, Unionville, Connecticut, and Jacques Kelly, 48, Poughkeepsie, New York, were convicted by a federal jury for their roles in an extensive mortgage fraud scheme arising from the fraudulent purchases of more than 40 properties in New Haven. The defendants conspired to defraud mortgage lenders of millions of dollars of mortgage proceeds by inflating the contract price that the sellers of the properties had actually agreed to accept…

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