Danny Zhao, 36, Ashburn, Virginia, pleaded guilty to conspiracy to commit bank fraud admitting his role in a short sale mortgage fraud scheme.
Archives For Forgery
Leonard E. Williams, 52, Sacramento, California, was sentenced to over seven years in prison for conspiracy to commit mail and wire fraud and two counts of money laundering, in connection with a mortgage fraud scheme. At sentencing, U.S. District Judge William B. Shubb stated that one factor he used in imposing the sentence was Williams’ outburst in front of the jury during trial.
Thomas Franklin Tarbutton, Orange County, California, an alleged hard money lender, has been charged with running a real estate ponzi scheme, embezzling funds from investors by keeping the money they lent for borrowers and not funding the loans as promised.
Steve Weinstock, Roslyn Heights, New York, an attorney, has been arrested for allegedly stealing $720,000 held in an escrow account, as well as selling an East Hills, New York, property owned in the name of his law firm and pocketing over $700,000 in proceeds.
Melanie Ferreira, 62, Lagrangeville, New York, was sentenced to 51 months in prison following her conviction for engaging in a series of frauds, which included cheating the Internal Revenue Service out of nearly half a million dollars, and perpetrating a bank fraud scheme wherein she caused a forged cashier’s check to pay off her mortgage.
Dinesh Valjeebhai Shah, 65, was sentenced to seven years in state prison for conspiring with three other family members to commit over $16 million in real estate fraud by forging documents and purchasing homes using straw buyers.
Six people, including a lawyer, real estate agent and funeral home director, have been charged with conspiring to steal a Philadelphia, Pennsylvania, home from an elderly widow after she passed away.
Darrell Beatty, 49, Queens, New York, has been charged with illegally transferring the deed of an elderly woman’s home into his own name and then moving into the house.
Charlette Henderson, 42, and her son Lanikein Henderson, 25, both of Brandon, Mississippi, have been sentenced in Mobile County, Alabama, for residential mortgage fraud. Charlette received a 48 month suspended sentence, while her son received a 24 month suspended sentence. Each was ordered to pay $2,093.37 to AFC Mortgage, court costs, and $100 to Alabama Victims Crime Fund.
Anshoo Sethi, 30, Chicago, Illinois, a property developer, was indicted on federal charges for allegedly exploiting a U.S. visa program to fraudulently raise approximately $160 million from some 290 Chinese nationals who invested in the project while seeking U.S. residency.