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Real Estate Developer, Entrepreneur Convicted of Wire Fraud
BOSTON - April 8, 2013 - (RealEstateRama) -- A Weston real estate developer and entrepreneur who was apprehended in Cyprus nearly eight months after he was indicted on federal criminal charges was convicted yesterday of wire fraud in connection with hi...
Milton Man Convicted of Mortgage Fraud
BOSTON - March 26, 2013 - (RealEstateRama) -- A Milton man was convicted today of bank and wire fraud charges in connection with a property flipping scheme. Edward Johnson, 52, pleaded guilty before U.S. District Judge Denise J. Casper to bank fraud and six counts of wire fraud.
Former Manager of Virginia Beach Mortgage Brokerage Firm Pleads Guilty to Fraud
NORFOLK, VA - March 19, 2013 - (RealEstateRama) -- David Burrus, Jr., age 39, a former Virginia Beach resident now living in Burns, Tenneesee, pleaded guilty today in Norfolk federal court to conspiring to commit mail and wire fraud in conjunction with...
Local Real Estate Professionals Sentenced for Wire Fraud
PORTLAND, OR - March 18, 2013 - (RealEstateRama) -- Geoffrey Montani, 36, and Kenneth Jones, 50, both of Portland, Oregon, were sentenced to 15 months in prison in separate hearings following their convictions for wire fraud in connection with a mortga...
Randolph Woman Sentenced for Mortgage Fraud
BOSTON - March 15, 2013 - (RealEstateRama) -- A Randolph woman was sentenced late yesterday for using a stolen identity to sign fraudulent mortgage loan documents.
CFO Jeff Atwater Announces Arrest of Tampa Plumber for Fraud
TALLAHASSEE - March 14, 2013 - (RealEstateRama) -- Florida Chief Financial Officer Jeff Atwater today announced the arrest of Timothy Wayne Sexton, 25, owner of Plumbing Rescue Company located in Tampa. On several occasions Plumbing Rescue employees a...
Superseding Indictment Charges Three More Alleged Participants in New Haven Mortgage Fraud Schemes
NEW HAVEN, CT - February 18, 2013 - (RealEstateRama) -- Three more defendants were indicted yesterday on federal charges related to their alleged participation in an extensive mortgage fraud scheme involving more than 50 mortgages on numerous residenti...
Coalition Dishonors New Members of Insurance Fraud Hall of Shame
WASHINGTON, D.C. - February 5, 2013 - (RealEstateRama) -- A torched office building injures seven firefighters; a nose doctor buys a yacht with insurance money from damaging and worthless surgeries; cohorts cut off a mentally disabled man’s hand for an insurance payout.
Multi-Million-Dollar Real Estate Ponzi Schemer Admits Securities Fraud and Money Laundering
NEWARK - February 4, 2013 - (RealEstateRama) -- A Somerset County, New Jersey man pleaded guilty today to one count of securities fraud and one count of money laundering, admitting that he defrauded victims of an investment scheme by misusing their cap...
Four Charged in $15 Million Mortgage Fraud Scheme
CAMDEN, NJ - February 1, 2013 - (RealEstateRama) -- Four individuals from New Jersey were taken into custody today for their alleged roles in a $15 million mortgage fraud scheme on an indictment returned by a federal grand jury on January 30, 2013, U.S...
Connecticut Resident Charged with Orchestrating Extensive Mortgage Fraud Scheme
NEW HAVEN, CT - February 1, 2013 - (RealEstateRama) -- Filippos “Filip” Milios, 54, of Newington, Connecticut, was arrested today on a federal criminal complaint charging him with bank fraud stemming from his alleged involvement in an extensive mor...
Attorney Pleads Guilty in Mortgage Fraud Scheme
PITTSBURGH - January 29, 2013 - (RealEstateRama) -- An attorney pleaded guilty in federal court to charges of wire fraud, filing false income tax returns, and failing to file income tax returns, United States Attorney David J. Hickton announced today.
Former Wiggins Resident Going to Prison for Home Repair Fraud
Jackson, MS - January 28, 2013 - (RealEstateRama) -- A former Wiggins resident has been sentenced to prison time for home repair fraud and false pretense in Harrison County, announced Attorney General Jim Hood today
Ten Charged in Superseding Indictment in Timeshare Mortgage Fraud Scheme
CAMDEN, NJ - January 25, 2013 - (RealEstateRama) -- A federal grand jury for the District of New Jersey, sitting in Camden, has returned a 44-count superseding indictment against six individuals from southern New Jersey and four others for their allege...
Owner of Liberty Mortgage Company in Elk Grove Convicted in Multi-Million-Dollar Mortgage Fraud Scheme
SACRAMENTO, CA - January 23, 2012 - (RealEstateRama) -- After a 10-day trial, a federal jury found Hoda Samuel, 60, of Elk Grove, guilty of a conspiracy to commit mortgage fraud and of 30 individual counts of mail fraud.
Hilliard Couple Pleads Guilty in $7 Million Mortgage Fraud Scheme
OLUMBUS, OH - January 22, 2012 - (RealEstateRama) -- Deborah L. Kistner, 50, and her husband, Mark A. Kistner, 52, both of Hilliard, pleaded guilty three days after their trial started to a $7 million mortgage fraud scheme they carried out between June...
Dublin Man Pleads Guilty in Mortgage Fraud Scheme
COLUMBUS - January 17, 2012 - (RealEstateRama) -- Gordon L. Yocom, 44, of Dublin, Ohio, pleaded guilty to conspiracy to commit money laundering for fraudulently obtaining a mortgage loan to finance the purchase of a real estate property in Powell, Ohio...
BROOKLYN REAL ESTATE DEVELOPER CHARGED IN $2 MILLION MORTGAGE FRAUD SCHEME
New York, NY - January 16, 2012 - (RealEstateRama) -- Brooklyn-based real estate developer Schelton Assoumou was arrested today on charges of bank fraud and wire fraud for his participation in a multi-year mortgage fraud scheme. The defendant’s initi...
Eleven Defendants Indicted for Alleged Roles in Scheme to Fraudulently Control Homeowners’ Associations in...
WASHINGTON, DC - January 16, 2012 - (RealEstateRama) -- A federal grand jury in Nevada today returned an indictment against 11 individuals for their alleged roles in a scheme to fraudulently take control of homeowners’ associations in the Las Vegas ...
Six Defendants Indicted in $4.5 Million Mortgage Fraud Scheme
BALTIMORE - January 14, 2012 - (RealEstateRama) -- A federal grand jury has indicted six defendants for conspiracy in a $4.5 million mortgage fraud scheme
