Loan Fraud

JURY CONVICTS SAN DIEGO EXECUTIVE AND BROKER OF $50 MILLION REAL ESTATE FRAUD Defendants Used La Jolla and Del Mar Mansions to Defraud LendersSAN DIEGO – Following a two-week trial, a jury returned guilty verdicts on all counts against…
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Resident of The Colony Admits Role in $10 Million Fraud DALLAS — Ima Maria Isham, 22, of The Colony, Texas appeared this morning before U.S. Magistrate Judge Rebecca Rutherford and pleaded guilty to one count of conspiracy to commit bank…
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Toledo-area men sentenced to nine and seven years in prison for stealing more than $1.1 million through fraudulent loan-modification scheme Two Toledo-area men were sentenced to prison for stealing more than $1.1 million from hundreds of…
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Owner of Stock Lending Firm Convicted by Jury in $100 Million Stock-Loan Fraud SchemeFor Further Information, Contact: Assistant U.S. Attorney Joseph J.M. Orabona (619)546-7951or Assistant U.S. Attorney Michael G. Wheat (619) 546-8437…
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President of Florida-Based Financial Firm Guilty of Money Laundering in $179 Million Sham Loan SchemeCHICAGO — The president of a Florida-based financial firm has pleaded guilty to a money laundering charge in connection with the sale of…
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Property Manager Sentenced To 15 Months In Prison For Role In Multimillion-Dollar Mortgage FraudCAMDEN, N.J. – A property manager was sentenced today to 15 months in prison for his role in a scheme to defraud financial institutions as…
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These examples of financial fraud are exposed by the FBI and Department of Justice, those cases were executed in 2016 and are the most important.Leader of Multi-Million Dollar Bank ‘Bustout’ Scheme that used Counterfeit Checks Sentenced…
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Coronado Businessman and Arizona Lawyer Steal More Than $30 Million SAN DIEGO – San Diego businessman Courtland Gettel and Arizona attorney Jeffrey Greenberg pleaded guilty this week to participating in a massive scheme in which they…
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Brian Kandefer, 37, San Diego, California, was sentenced to 121 months imprisonment and ordered to pay $1.4 million dollars in restitution after his guilty plea to wire fraud and money laundering.According to documents in the case, K2…
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