Lacie Devine, 35, Edinburg, Texas, has pleaded guilty to federal charges in connection with a mortgage fraud scheme.
Archives For False Documents/HUD
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.
Michael Burnham, 46, Frisco, Texas, has been sentenced for his role in a mortgage fraud scheme in the Eastern District of Texas.
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.
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.
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.
Stephanie Hand, 49, Livingston, New Jersey, a lawyer, Julio Concepcion, 48, Passaic, New Jersey, and Thomas D’Anna, 38, Saddle Brook, New Jersey, were indicted on charges that they conspired to steal approximately $873,520 from a lender by using stolen identities to file fraudulent mortgage loan applications for two real estate transactions, falsifying settlement statements and diverting loan proceeds.
Deborah L. Kistner, 50, Hilliard, Ohio, was sentenced to 66 months in prison, five years of supervised release, and ordered to repay victims $9,644,601.84 for deceiving lenders while securing fraudulent real estate loans in three different conspiracies between July 2006 and July 2010.
Lester Soto, 57, Freehold, New Jersey, owner of a mortgage company that was responsible for a long-running, large-scale mortgage fraud that caused losses of more than $30 million admitted his role in the scheme.
Nathan Shane Wolf, 42, Charlotte, North Carolina, Denetria Montresa Myles, 42, Charlotte, were convicted following a week-and-a-half-long trial by a federal jury on all charges relating to a $75 million racketeering conspiracy.