Archives For Real Estate Agent

Vince Manglardi, 59, real estate developer, Long Grove, Illinois; Theodore “TJ” Wojtas, Jr., 43, real estate developer, Glenview, Illinois; David W. Belconis, 56, attorney who owned and operated Classic Title, Inc., Long Grove, Illinois; Nunzio L. Greico, 63, Palatine, Illinois, who was formerly an employee of the developers; Walter Vali, also known as “Wally Mohammad” and “Mohammad Valimohammad,” 62, former mortgage loan originator, who did business as Sunshine Funding, Inc., Mundelein, Illinois; and Karin L. Ganswer, 62, former licensed real estate salesperson, Palatine, Illinois were indicted by an federal grand jury and charged with mail and wire fraud in connection with the marketing and sale of condominiums at a 50-acre development in Palatine, Illinois known as “The Woods at Countryside.”  They are alleged to have participated in a mortgage fraud scheme which caused more than $16 million in losses to banks, mortgage lenders, Fannie Mae, and Freddie Mac. Continue Reading…

Jeriel Salinas, 32, Bakersfield, California, pleaded guilty to one count of conspiracy to commit mail fraud, wire fraud, and bank fraud relating to his involvement in an extensive mortgage fraud scheme while working at Crisp & Cole Real Estate.

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James Thomas Webb, 51, North Carolina, has been charged in a 50-count indictment which includes conspiracy to commit bank and wire fraud, and making false statements to influence banks on loans and aiding and abetting.

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Celia Gallardo, 42, North Hills, California, a real estate agent and self-described real estate investor charged with running a million dollar-plus Ponzi scheme out companies based in the Santa Clarita Valley, has been arrested on federal wire fraud and mail fraud charges.

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Menachem Yosef Levitin, 27, New Haven, Connecticut, waived his right to indictment and pleaded guilty to one count of conspiracy to commit mail fraud, wire fraud and bank fraud. The charge stems from Levitin’s participation in a $10 million mortgage fraud scheme in New Haven.

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Joann Smith, 47, and her boyfriend, Wayne Betha, 42, Ewing, New Jersey, who ran a real estate firm, pleaded guilty to stealing from home sellers by diverting proceeds from home sales, and also defrauding mortgage companies by falsifying the earnings of loan applicants.

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Behrooz Badie, 53, Sacramento, California, has been found guilty of 13 counts of mail fraud following a six-day mortgage fraud trial.

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Alonzo Jackson Brown III, 44, Fairfield, California has been indicted on nine counts in connection with an investment fraud scheme and a mortgage fraud scheme.

According to court documents, Brown is a licensed real estate broker who used that position to perpetrate a mortgage fraud scheme. Brown is accused of

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Ryan Daryl Krutzig, 31, Maple Grove, Minnesota, a real estate appraiser, and Jesse Scott Hoffman, 32, St. Cloud, Minnesota, a real estate agent, were indicted in connection with a $1.8 million mortgage fraud scheme that involved 28 properties. The defendants were charged with five counts of wire fraud in connection to the scam. In addition, Continue Reading...

Vera Kuzmenko, Nadia Kuzmenko, Aaron New, Vanik Atoyan, Peter Kuzmenko, Sergey Blizenko, Veniamin Markevich, and Edward Shevtsov, Sacramento, California, have ben arraigned following their arrests in an eight-defendant federal mortgage fraud case involving losses alleged to exceed $9 million.

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