Archives For False Documents/HUD

Steve Kessedjian, 51, Los Angeles, California, was sentenced by U.S. District Judge Lawrence J. O’Neill to 21 months in prison for stealing refinance funds intended to pay off debts, which forced the borrowers into bankruptcy…

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Kenneth Schwartz, 64, Huntington, New York, and Helene Stetch, 50, Lindenhurst, New York, have been charged by a Queens County grand jury with defrauding homeowners, financial institution and real estate buyers out of more than $1 million through a short sale mortgage fraud scheme that occurred over a nineteen-month period between October 2008 and May 2010.

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Amy Robinson, 36, Rolesville, North Carolina, a former attorney, was sentenced to 18 months’ imprisonment by Chief United States District Judge James C. Dever, III followed by three years of supervised release. The court further ordered Robinson to make restitution of $2,613,046.37 to various banks and other victims.

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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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Lacie Devine, 35, Edinburg, Texas, has pleaded guilty to federal charges in connection with a mortgage fraud scheme.

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Christopher Brecciano, 35, Stamford, Connecticut, waived his right to indictment and pleaded guilty federal court 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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Michael Burnham, 46, Frisco, Texas, has been sentenced for his role in a mortgage fraud scheme in the Eastern District of Texas.

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James Thomas Webb, 52, Leland, North Carolina, a former real estate developer, was sentenced to 327 months imprisonment, followed by five years of supervised release. The court further ordered that Webb make total restitution of $11,946,739.80 to his victims.

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Michael Rumore, 55, Toms River, New Jersey, and Kenneth Jones, 64, Elizabeth, New Jersey, an attorney and a tax preparer, respectively, admitted their roles in a long-running, large-scale mortgage fraud that caused losses of more than $30 million.

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James Arthur Nash, Jr., 43, and Arman Nshanian, 37, both of Corona, California, two deputies of the Los Angeles County, California, Sheriff’s Department were convicted in federal court for their roles in an $11 million mortgage fraud scheme.

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