Archives For Straw Buyer

Lucia Chavez, 37, and her husband Joseph Chavez, 41, both of Bakersfield, California, pleaded guilty to conspiracy to commit bank fraud, mail fraud, and wire fraud, in connection with a mortgage fraud scheme in Bakersfield. As part of their plea agreements, Lucia Chavez agreed to a personal forfeiture money judgment of $1,624,450, and Joseph Chavez agreed to a personal forfeiture money judgment of $3,092,000.

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Damone Tyson, 49, Cleveland, Ohio, was indicted on bank fraud charges related to the fraudulent purchase of a Richfield, Ohio, home for nearly $1.2 million.

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Edward Dacy, 76, most recently of West Melbourne, Florida, has been found guilty by a jury of 10 counts of conspiracy, bank fraud, and mail fraud stemming from a multi-million-dollar mortgage fraud scheme involving 45 properties and $16 million in mortgage loans used for the purchase of residential real estate in the District of Columbia and Maryland.

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Edgar Tibakweitira, a/k/a Edgar Julian, Charles Edgar Tibakweitira, and Edgar Gaudious Tibakweitira, 46, Severn, Maryland,  was sentenced by District Judge George J. Hazel to 57 months in prison, followed by five years of supervised release, for conspiracy to commit wire fraud and aggravated identity theft, arising from a residential mortgage fraud scheme.

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Marie Lucie Tondreau, a/k/a Lucie Tondreau, 54, North Miami, Florida, the former North Miami Mayor, was sentenced by United States District Judge Robert N. Scola for her participation in a multi-million dollar mortgage fraud scheme.

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Eliseo Jara Jr., 35, his wife, Melissa Jara, 34, and his brother, Sergio Jara, 33, all of Bakersfield, California, entered guilty pleas in connection with a $5.6 million mortgage fraud scheme in Bakersfield. Continue Reading…

Arlene Jeanette Mojardin, 32, Bakersfield, California, pleaded guilty to conspiracy to commit bank fraud, mail fraud, and wire fraud, in connection with a mortgage fraud scheme in Bakersfield.

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Aleksandr Kravchenko, 36, and Galina Kravchenko, 35, King County, Washington, who fled to Moldova, Eastern Europe, before being indicted by a federal grand jury for bank fraud related to loans fraudulently obtained from Westsound Bank, entered guilty pleas in U.S. District Court in Seattle, Washington.

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Susanne Helbig, 50, Roanoke, Virginia, the former majority owner of a construction company who recruited a number of strawbuyers to defraud financial institutions of millions of dollars through an intricate mortgage fraud conspiracy, was sentenced in the United States District Court for the Western District of Virginia in Lynchburg.

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Asm Afsary, 42, Stamford, Connecticut, was sentenced today by Chief U.S. District Judge Janet C. Hall in New Haven to 36 months of imprisonment, followed by five years of supervised release, for conspiring to defraud financial institutions through an extensive mortgage fraud scheme that involved more than 20 properties in Fairfield County, Connecticut.

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