92 people in Texas nabbed in mortgage fraud probe – Lubbock Avalanche-Journal
HOUSTON – Federal prosecutors said Thursday that 92 people in Texas have been charged as part of a nationwide effort over the last three months to fight mortgage fraud and other financial crimes. The Justice Department …
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KANSAS CITY, Kan. (AP) — Federal prosecutors say four people have been sentenced for taking part in a $3 million mortgage fraud scheme. U.S. Attorney Barry Grissom of Kansas said in a news release Tuesday that the defendants each pleaded guilty to one … Go to Source…
Fourteen people were charged with participating in a nearly $60 million mortgage fraud ring on Thursday following an FBI crackdown, FoxNews.com has learned. The 14 alleged members of the mortgage fraud ring include real estate attorneys, title closers … Go to Source…
A minor character in what prosecutors say was a multimillion-dollar mortgage fraud based in New London pleaded guilty Thursday to his part in the conspiracy, hours before pretrial motions in the case were set to begin in Hartford’s U.S. District Court … Go to Source…
With bogus loan applications and the help of a mortgage broker, a group of Miami men bought homes in St. Lucie and Palm Beach counties that were used to grow and store marijuana, federal prosecutors said today . Facing … Go to Source…
Bowling of Sun Prairie ran Platinum Concepts … faces one count of wire fraud. Prosecutors say he’s expected to plead guilty on May 28. His attorney, listed in online court records as federal public defender Michael Lieberman, didn’t immediately … Go to Source…
As if there wasn’t enough corruption going on in the news headlines already, a new mortgage fraud indictment stands out because it accuses seven current and former police officers and an FBI agent — along with lawyers … Go to Source…
Former mortgage broker Michael Pahutski was sentenced in federal court Friday to 19 years in prison – one of the longest sentences ever in the Charlotte area for crimes related to mortgage fraud. He was also ordered to pay restitution of about $3.5 million … Go to Source…
With an area of 268,581 square miles, Texas is second to Alaska in topographical area and second to California in population density. That is often understood in how real estate and home mortgages are such big business in this southwestern Great Plains. There’s no shortage of home equity loans in Texas. Ever since Texas declared its independence from Mexico from 1836, Texas had been a favorite des…
WSJ.COM – Federal prosecutors are conducting a criminal investigation into whether Goldman Sachs Group Inc. or its employees committed securities fraud in connection with its mortgage trading, people familiar with the probe said Thursday. The … Go to Source…
CLEVELAND, Ohio — The ringleader in a mortgage fraud case will be sentenced Thursday. Susan Alt, 58, of Thousand Oaks, Ca., was a key player in securing $14,766,515 in fraudulent loans to sell seven upscale homes in Cuyahoga, Ottawa and Lucas counties … Go to Source…
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