Archives For Ringleader

Anthony Lewis, 38, San Fernando Valley, California, Maria Arriaza, 33, Palmdale, California, formerly an escrow officer, and Deon Jackson, 36, Gardena, California, a mortgage broker, all Los Angeles County residents, have been charged for their roles in a

Continue Reading...

James Toufic Assali, 36, Irvine, California, the owner of a Costa Mesa, California-based mortgage refinance company and escrow business, is charged in a large fraudulent rate-lock loan modification scheme targeting mostly out-of-state and some elderly victims.  Assali is currently sought by law enforcement officers.  To date, known victims are residents of California,

Continue Reading...

Eric Rulack Farrington, 58, Irving, Texas, was sentenced by U.S. District Judge Sam A. Lindsay to 132 months in federal prison for largely orchestrating a multi-million dollar mortgage fraud scheme in the Dallas, Texas area. Judge Lindsay also ordered that Farrington pay approximately $2.5 million in restitution and forfeit approximately $1.2 million to the U.S.

As

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.

Continue Reading...

Michael Morawski, 53, Sleepy Hollow, Illinois, and Frank Constant, 57, West Dundee, Illinois, two businessmen who operated a defunct northwest suburban real estate investment company, were charged with engaging in an alleged investment fraud scheme

Continue Reading...

Mark Steven Ashmore, 43, Bellevue, Washington, was sentenced in U.S. District Court in Seattle, Washington, to six years in prison, five years of supervised release and $904,000 in restitution for conspiracy and three counts of wire fraud. Ashmore was convicted in September 2010, following a six day jury trial. The jury deliberated about four hours before returning the

Continue Reading...

Douglas F. Vaughan, 63, has been indicted by a federal grand jury on charges stemming from a fraudulent investment operation that was actually a multi-million-dollar Ponzi scheme. The 30-count indictment generally alleges that, between 2005 and 2010, Vaughan operated a promissory note investment program, which he marketed

Continue Reading...

Angel Puentes, a/k/a Salvatore D’ Angelo a/k/a D’Angelo Salvatore, 37,  West Palm Beach, Florida, Dania L. Aleman, 45, Hialeah, Forida, Angela M. Frye, 47, Miami, Florida, and Continue Reading...

Victor Wolf and Natalia Wolf have been indicted for an alleged real estate fraud scheme in Florida involving their companies Sky Group Realty LLC, Sky Development Group, LLC, Sky Construction Group LLC and All Title and Trust LLC.

According the Continue Reading...

Melvin Lendall Brown, 48, Houston, Texas, has been sentenced to prison for wire fraud arising from a mortgage fraud scheme.

United States District Judge David Hittner sentenced Brown to 57 months in prison for his wire fraud conviction arising from an elaborate mortgage fraud scheme in which Brown was an organizer and leader.

Continue Reading...