Massive mortgage fraud scheme leads to arrest – Tampa Bay Business Journal
Federal prosecutors filed a criminal complaint against Joseph Daniele in connection with a mortgage fraud scheme that authorities said involved about 400 homes in the Tampa Bay area. Daniele, who lives in Tampa, was …
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The man whom federal prosecutors say led a $3 million mortgage fraud scheme in the Kansas City area received a 51-month prison term and a forfeiture order. Eric Rabicoff , 28, pleaded guilty to one count of money laundering for his role in gathering a pool … Go to Source…
A federal judge on Friday sentenced seven people in connection with a mortgage fraud scheme. The individuals participated in a mortgage fraud scheme headed by Kelly Fields, a mortgage broker, and Robert Danenberg, an attorney who specialized in … Go to Source…
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…
The operators of a mortgage firm and the name partners of a Doylestown, Pa., law firm were among the five defendants charged Tuesday by federal prosecutors in a 15-count indictment for an alleged $14.6 million mortgage fraud scheme that resulted in … Go to Source…
Two Maryland men were found guilty in a scheme that used Baltimore properties to swindle a Beltsville lending company out of more than $664,000, authorities said. Cameroon native Dema Daiga, 29, of College Park, and Olu … Go to Source…
Bank of America’s Countrywide mortgage operation was accused of “massive fraud” in a suit by big investors who say they were misled about the quality of mortgage-backed securities. A dozen institutional investors, including TIAA-CREF Life Insurance … 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…
The ringleader of a mortgage fraud scheme involving dozens of homes in northern Virginia and losses of more than $9 million has been sentenced to five years in prison. Real estate agent Ruben Rojas led a criminal enterprise that resulted in 20 … Go to Source…
SACRAMENTO, Calif. — A 28-year-old Sacramento man who led authorities on an international manhunt has been returned to California to face federal charges in an alleged mortgage fraud scheme. Garret Griffith Gililland III, a former bodybuilder with … Go to Source…
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…
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