Rosaura Hernandez, aka Rosa Diaz, South Ozone Park, New York, was arrested on a charge of grand larceny for allegedly taking funds intended for a loan modification and using them for her personal use.
Archives For Loan Modification
Tania Ayala, 37, Uniondale, New York, has been arrested on charges of grand larceny on Sunday, September 07, 2014 at 5:50 P.M., for her alleged role in a mortgage modification scheme whereby she directed victims to send mortgage payments to her personal P.O. Box, but failed to make the mortgage payments or apply for modifications.
Robert Bacon, 35, West Newbury, Massachusetts, was sentenced by U.S. District Judge Kenneth Marra to 72 months in prison, to be followed by three years of supervised release and payment of restitution in an amount to be determined. Bacon is one of ten defendants in a scheme to bilk thousands of homeowners who were struggling to make their mortgage payments.
Fiorella Sophia Tealdo, 47, Las Vegas, Nevada, was arrested in connection with a mortgage lending fraud scheme in which three victims paid up-front fees ranging from $1,800 – $4,210 toward their mortgage loan modifications, which were never completed.
Ped Abghari, a/k/a Ted Allen, 37, Irvine, California, Dionysius Fiumano, a/k/a “D,” 43, Irvine, and Justin Romano, 40, Blue Point, New York, have been charged with engaging in a mortgage modification scheme that defrauded over 8,000 homeowners in all 50 states out of over $18.5 million, in what is believed to be the largest mortgage modification scheme ever charged.
Samuel Paul Bain, aka Paul Bain, 35, Tustin, California, an owner and principal of the businesses, Aminullah Sarpas, aka Amin Sarpas and David Sarpas, 32, Irvine, California, also an owner and principal of the businesses, Damon Grant Carriger, 36, Corona, California, the principal sales manager, and Louis Saggiani, 64, Huntington Beach, California, the manager and chief accountant, have been arrested for allegedly offering bogus loan modification programs to financially distressed homeowners.
Duy Khac Nguyen, 34, Garden Grove, California, is scheduled to be arraigned for defrauding 42 victims of over $92,000 by operating a fraudulent loan modification company.
Ajay Thuraisingham, 27, Ontario, Canada, and co-defendant Christopher Duharte, 36, Coconut Creek, Florida, were sentenced by U.S. District Judge Kenneth Marra to 54 months in prison, and to 30 months in prison, respectively, for their roles in operating boiler rooms that collected advance fees from distressed homeowners purportedly in exchange for obtaining loan modifications for the homeowners which were, with few exceptions, never provided.
Maria Elena Alvarez, Maricopa County, Arizona, is the subject of a consent judgment that prohibits her from providing mortgage or other consumer loan modification services to Arizona consumers.
Seven defendants, including an attorney, have been indicted for allegedly defrauding over 3,500 victims to the tune of $13.5 million in the largest loan modification scheme ever prosecuted in the nation.