John Jackson, 42, Middletown, Connecticut, pleaded guilty before United States District Judge Christopher F. Droney in Hartford to a one count of conspiring to commit wire fraud stemming from a mortgage fraud scheme.
According to court documents and statements made in court, in 2006, Jackson conspired with a New Haven-based real estate ...
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Written by admin on July 30th, 2010
Written by admin on July 30th, 2010
19 criminal complaints and a total of 69 charges were filed against illegal advanced fee "foreclosure rescue" operations accused of defrauding Michigan families of thousands of dollars. The defendants include:
Isaac Modert, DeWitt, Michigan, from Lansing, Michigan's LCN Mortgage - Eight counts False Pretenses (,000 or more but less than ,000), two ...
Written by admin on July 29th, 2010
Steven J. Kottage, 44, and Genaro R. Hathaway, 46, both of Weston, Connecticut, and Mary Ellen Durso, 53, Milford, Connecticut, were charged in an 11-count indictment with conspiracy and other offenses stemming from the defendants alleged involvement in mortgage fraud.
The indictment alleges that Kottage and Hathaway, who are married, conspired to commit ...
Written by admin on July 29th, 2010
Andrew Wolf, Alpharetta, Georgia, a defendant in a large-scale mortgage fraud scam with losses to lenders in excess of million, was been sentenced to prison. As part of his sentence, Wolf was ordered to pay a special assessment of $ 100.00 and serve a prison term of Twenty-Eight (28) months. The Court ...
Written by admin on July 28th, 2010
Joseph C. Donohue, 70, Greeley, Kan., has been sentenced to six months in federal prison followed by six months of house arrest for bank fraud. The court also ordered Donohue to pay million in restitution.
Donohue pleaded guilty to one count of bank fraud. In his plea, Donohue admitted he ...
Written by admin on July 28th, 2010
Seven defendants have been sentenced in federal court for their roles in a .6 million mortgage fraud conspiracy that involved 25 upscale residential properties in Lee's Summit, Missouri, and Raymore, Missouri.
Stefan M. Guerra, 31, Lee's Summit, Mo., Jerome Shade Howard, 41, Anaheim, Calif., Michael Conrad Smith, 49, Lancaster, Calif., and Gerald D. Williams, ...
Written by admin on July 27th, 2010
Alvin Mark Eiland, 45, Houston, Texas, former owner of Future Mortgage Company Inc., was proceeding to trial earlier this year after pleading not guilty to theft charges from his alleged role in a mortgage fraud scheme. However, on or about May 11, 2010, Eiland's attorney requested to withdraw as his counsel. ...
Written by admin on July 27th, 2010
Scott Olson, 44, formerly of St. Louis, Missouri, now residing in Eagle Mountain, Utah; Davena Ridenhour, 48, Kirkwood, MO; and Eric Nelson, 44, Glencoe, MO, have been indicted on money laundering charges involving a scheme to purchase and renovate seven St. Louis, Missouri properties, then sell them to straw buyers.According to ...
Written by admin on July 27th, 2010
Alvin Mark Eiland, 45, Houston, Texas, former owner of Future Mortgage Company Inc., was proceeding to trial after pleading not guilty to mortgage fraud charges. However, on or about May 11, 2010, Eiland's attorney requested to withdraw as his counsel. The court granted counsel's request, however as of July 13, 2010, Eiland ...
Written by admin on July 26th, 2010
Arthur James Marshall, Jr., 41, Augusta, Georgia, was sentenced to 69 months in prison and 5 years of supervised release for his mortgage fraud convictions. Marshall was also ordered to pay more than .6 million restitution to his victims.
Evidence presented at sentencing and as previously reported on Mortgage Fraud Blog, revealed that Marshall ...
Written by admin on July 26th, 2010
John R. Thompson, Emanuel County, Georgia, an attorney, has been convicted of mortgage fraud charges.
According to the evidence presented at trial, Thompson, along with his co conspirators, Brian and Natasha Steptoe sold a piece of property located in Swainsboro, Georgia, in August of 2007 to what is known in real estate ...
Written by admin on July 26th, 2010
Shawn R. Tieskotter, 37, Greenwood Village, Colorado, and Craig D. Patterson, 30, Littleton, Colorado, each pled guilty before U.S. District Court Judge Robert E. Blackburn to one count of mail fraud related to a mortgage fraud scheme. Tieskotter and Patterson were indicted by a federal grand jury in Denver on March ...
Written by admin on July 26th, 2010
Edward Olimpio, 47, Boonton, New Jersey, and Rachell Fischbein, 28, Hillsdale, New Jersey, the co-owner of Ridgewood, New Jersey mortgage brokerage firm Diversified Financial Group, d/b/a Residential Mortgage Corporation ("Residential Mortgage"), and a former Residential Mortgage employee both pleaded guilty to wire fraud conspiracy in connection with a mortgage fraud scheme.
Olimpio and Fischbein admitting that they ...
Written by admin on July 23rd, 2010
Shamika M. Coleman, 33, Swansea, Illinois, was indicted for making a false statement on a loan or credit application, making a false statement during a renewal application for federal food stamp benefits, and making a false statement during a renewal for federal housing benefits.
The indictment alleges that Shamika M. Coleman under reported ...
Written by admin on July 23rd, 2010
Shamika M. Coleman, 33, Swansea, Illinois, was indicted for making a false statement on a loan or credit application, making a false statement during a renewal application for federal food stamp benefits, and making a false statement during a renewal for federal housing benefits.
The indictment alleges that Shamika M. Coleman under reported ...
Written by admin on July 23rd, 2010
Kenneth Steward, 44, South Holland, Illinois, was arrested on federal charges alleging that he and six co-defendants participated in a million mortgage fraud scheme involving more than 120 residential properties located primarily on the city's south side. Steward who bought and sold homes and recruited others to act as residential ...
Written by admin on July 23rd, 2010
Derrick Reuben Smith, Michael Gipson, and Trina Tahir, Oklahoma residents, have been indicted on charges of conspiracy, wire fraud, and money laundering in connection with fraudulent mortgages.
According to the indictment, Smith recruited two individuals to buy two new homes in Edmond, Oklahoma in mid-2006 and early 2007 for 5,000 and 5,000 respectively. ...
Written by admin on July 22nd, 2010
Jessica Murillo, 33, a New Jersey resident, guilty to wire fraud affecting a financial institution. Murillo faces a maximum penalty of 30 years in federal prison. A sentencing date has been set for October 1, 2010, at 9:00 a.m. before U.S. District Judge Richard A. Lazzara.
According to facts presented at trial ...
