Timothy Lynn Beliveau, Minneapolis, Minnesota, was sentenced by U.S. District Court Judge James M. Rosenbaum to 87 months in frederal prison. Judge Rosenbaum referred to Beliveau as a "con man." Beliveau pleaded guilty in March 2010 to one count of engaging in a monetary transaction involving criminally derived property in ...
Most Recent Articles For: prison
Written by admin on July 20th, 2010
Written by admin on June 3rd, 2010
A San Diego judge sentenced a man who was convicted by a jury of 160 felony charges that included breaking the mortgage foreclosure consultant law, conspiracy, grand theft and rent skimming to a stunning 46 years in prison for ripping off his victims for more than $2 million.
William Jeffrey Hutchings, 63, who represented ...
Written by admin on June 3rd, 2010
Ruben Hernandez, the owner of Downey Motorcars who obtained his 15 minutes of notoriety by allegedly trying to use voodoo against the L.A. County District Attorney who was prosecuting him and the D.A.’s investigators, was sented to 12 years in prison.
Hernandez was convicted of filing false applications and grand theft ...
Written by admin on May 26th, 2010
RICHMOND, VA—Chief United States District Judge James R. Spencer sentenced Robert S. Capehart, 55, of Richmond, Virginia to five years in prison on one count of mail fraud, and ordered him to pay $1,967,074 in restitution. Neil H. MacBride, United States Attorney for the Eastern District of Virginia; and Michael ...
Written by admin on May 19th, 2010
A former branch manager at Bank of America in Willow Glen, California, has pleaded no contest to elder fraud and grand theft. He could receive up to four years and eight months in prison for stealing $18,000 from elderly clients of the bank and unbeknownst to them, issue ATM cards.
Santa ...
Written by admin on May 14th, 2010
James R. Halstead, an Orange County insurance broker who raised $50 million from investors, luring them by promises of returns from 25-35% over three to four months, was sentenced by U.S. District Judge David O. Carter to 10 years in federal prison for operating a Ponzi scheme. Halstead told his ...
Written by admin on May 12th, 2010
PHOENIX—April J. Lucero, 46, of Phoenix, Ariz. was sentenced on May 10, 2010 to two years in prison for her conviction in August 2009 for her involvement in a mortgage fraud scheme in Phoenix, Ariz. Lucero pleaded guilty to one count of Conspiracy to Commit Mail, Wire and Bank Fraud, ...
Written by admin on May 11th, 2010
ALEXANDRIA, VA—Ruben Rojas, 30, of Vienna, VA, was sentenced today to 60 months in prison, followed by five years of supervised release, for leading a mortgage fraud scheme that caused more than $9 million in losses. Rojas was also ordered to pay restitution in the amount of $9.5 million. A ...
Written by admin on April 30th, 2010
ATLANTA, GA—EDGAR J. BEAUDREAULT, JR., 61, of Alpharetta, Georgia, and HOWARD A. SPERLING, 45, of San Diego, California, were sentenced today by United States District Judge Clarence Cooper to federal prison on charges of conspiracy to commit wire fraud for their part in a scheme to defraud a California corrections ...
Written by admin on April 9th, 2010
MINNEAPOLIS—Thomas Joseph Petters, age 52, of Wayzata, Minn., has been sentenced to 50 years in federal prison for orchestrating a $3.7 billion Ponzi scheme. The sentence, imposed by U.S. District Court Judge Richard H. Kyle earlier this morning in St. Paul, Minn., represents the longest term of imprisonment ever ordered ...
Written by admin on March 30th, 2010
Preet Bharara, the United States Attorney for the Southern District of New York, announced that Marina Dubin, a real estate paralegal, was sentenced yesterday to two concurrent three-year prison sentences in connection with her involvement in a multimillion-dollar, sub-prime mortgage fraud scheme and another foreclosure rescue scheme. Dubin, 33, of ...
Written by admin on March 25th, 2010
Here’s another cautionary tale to investors who think they can earn astronomical returns on their investments.
Luis Madrid and Richard Habib, both formerly of Corporate Funding Financial of America Inc., have pleaded guilty to conspiracy to commit mail fraud and wire fraud and filing a false tax return. Madrid was sentenced ...
Written by admin on March 15th, 2010
Trent Edward Wright, 38, of Cumming, Ga., was sentenced today by U.S. District Judge Timothy C. Batten, Sr. to serve one year, nine months in federal prison on a mail fraud charge involving a mortgage fraud scheme which victimized lenders and title insurance companies.
Acting U.S. Attorney Sally ...
Written by admin on March 8th, 2010
SAN FRANCISCO—John A. Bui was sentenced today to 41 months in federal prison and ordered to pay $3,500,000 in forfeiture as a result of his convictions for conspiring to commit wire fraud, destruction of records in a federal investigation, and witness tampering, United States Attorney Joseph ...
Written by admin on February 24th, 2010
One of two men indicted for defrauding investors who believed their money was being used to finance home construction in Colorado Springs and a high-tech business campus near Larkspur has been sentenced to five years in prison.
Derek Roy Kent, 64, has also been ordered to pay restitution ...
Written by admin on February 20th, 2010
Orange County Man Gets 15 Years for Fraud, Refusal to Account for Off-Shore Money
A Downey woman who orchestrated a real estate fraud scheme that caused nearly $13 million in losses after falsely promising to help homeowners in default on their mortgages has been ...
Written by admin on February 16th, 2010
A Columbus mortgage broker was sentenced today to six years in federal prison for his involvement in a far-reaching house-flipping scheme in central Ohio. Jonathan L. Boyd is the last of 10 people sentenced in what has been described as the largest mortgage-fraud case ever prosecuted here.
U.S. District Judge Algenon ...
Written by admin on February 8th, 2010
Former President of Inland Empire Mortgage Company Sentenced to 13 Years in Federal Prison in Fraud Scheme That Led to Nearly $30 Million in Losses at HUD
RIVERSIDE,CA—The former president of Mortgage One Corporation in Hesperia was sentenced this afternoon to 13 years in federal prison for defrauding the United States ...
