Mark Yaffe, 55, Tampa, Florida, has pleaded guilty to one count of conspiracy to commit bank fraud admitting his role in misrepresenting the extent of company collateral to Sovereign Bank in order to borrow $35 million.
Archives For Loan App. Misreps
Arlene Jeanette Mojardin, 32, Bakersfield, California, was sentenced by United States District Judge Anthony W. Ishii to two years and six months in prison for conspiring to commit bank fraud, mail fraud, and wire fraud, in connection with a mortgage fraud scheme in Bakersfield.
Lynwood Patrick, Jr., 39, East Hartford, Connecticut, was arrested on a federal criminal complaint charging him with wire fraud in connection with his submission of a fraudulent application for a personal mortgage modification. Continue Reading…
Shawn Davis, 44, Huntersville, North Carolina. and Darren Eugene Littles, 47, Charlotte, North Carolina, were sentenced to prison by U.S. District Judge Robert J. Conrad, Jr. for their role in a scheme involving more than $1 million in fraudulent loans.
Kimberly Haslacker, 39, Romney, West Virginia, was convicted of bank fraud in federal court after she admitted to using her position as a bank loan officer to obtain fraudulent loans.
John C. McBride, 66, Boston, Massachusetts, who was disbarred in 2007 after practicing law for more than three decades, was sentenced to federal prison for tax and bank fraud violations. His crimes arose in connection with recording fraudulent tax and bank releases on his seaside Marblehead, Massachusetts home and his vacation home in Edgartown, Martha’s Vineyard. Both properties were later foreclosed on.
Ashley Bonair Chambers, 58, Spokane, Washington, was sentenced after having been convicted in December 2014 of one count of conspiracy to commit bank fraud and wire fraud affecting a financial institution, seven counts of wire fraud, and one count of wire fraud affecting a financial institution.
Johnny Gutierrez, 50, Stafford, Virginia, a former loan officer at the Export-Import Bank of the United States pleaded guilty in federal court for accepting more than $78,000 in bribes in return for recommending the approval of unqualified loan applications to the bank, among other misconduct.
Mark F. Friend, 60, Stockton, California, was indicted by a federal grand jury on six counts of bank fraud relating to a mortgage fraud scheme wherein he allegedly submitted false and fraudulent loan applications to lenders. Continue Reading…
Evelyn Brigget Sanchez, 32, and Darling Arlette Montalvo, 34, both of Bakersfield, California, were sentenced to two years in prison each for their involvement in a mortgage fraud scheme that ran from October 2005 to May 2007.