Archives

SACRAMENTO, CA - December 14, 2011 - (RealEstateRama) -- The U.S. District Court in Sacramento today unsealed an indictment against four real estate investors and an auctioneer for their participation in conspiracies to rig bids and commit mail fraud a...

December 12, 2011 - (RealEstateRama) -- The United States Attorney’s Office for the Middle District of Pennsylvania, announced that a third defendant connected to a mortgage fraud scheme was sentenced today by Senior U.S. District Court Judge Edwin M...

SAN FRANCISCO, CA - December 9, 2011 - (RealEstateRama) -- James Stanley Ward, Edward George Locker, and Richard Ferguson Tipton pleaded guilty in federal court in San Francisco to conspiracy to commit mail and wire fraud, United States Attorney Melind...

DENVER, CO - December 7, 2011 - (RealEstateRama) -- Three men were recently sentenced for implementing a mortgage fraud scheme, United States Attorney John Walsh, FBI Special Agent in Charge James Yacone and IRS Criminal Investigation, Special Agent in...

WASHINGTON, DC - December 5, 2011 - (RealEstateRama) -- The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury today announced the creation of a joint task force to combat scams targeted at homeowners seeking to apply for the Home Affordable Modification Program (HAMP). SIGTARP, the CFPB, and Treasury have partnered to protect taxpayers by investigating and shutting down these scams and by providing education programs to vulnerable homeowners. The joint task force today issued a consumer fraud alert to protect homeowners from HAMP-related mortgage modification scams. The fraud alert will also be provided directly to homeowners eligible for HAMP.

SACRAMENTO, CA - December 5, 2011 - (RealEstateRama) -- Five people have been charged in a federal indictment, unsealed today, in connection with a foreclosure rescue scheme, announced U.S. Attorney for the Eastern District of California Benjamin B. Wa...

COLUMBIA, SC - November 29, 2011 - (RealEstateRama) -- United States Attorney Bill Nettles stated today that Robert C. Sasser, age 32, of Lexington, was sentenced in federal court in Columbia for wire fraud, a violation of 18 U.S.C. § 1343. United Sta...

PITTSBURGH, PA - November 28, 2011 - (RealEstateRama) -- A resident of Blairsville, Pa., has been sentenced in federal court to 41 months in prison on his conviction of wire fraud conspiracy, United States Attorney David J. Hickton announced today.

ALBANY, NY - November 16, 2011 - (RealEstateRama) -- Richard S. Hartunian, United States Attorney for the Northern District of New York; Rene Febles, Special Agent in Charge of the Office of Inspector General, U.S. Department of Housing and Urban Devel...

SACRAMENTO, CA - November 14, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that Glenn Watkins, 31; Kevin Watkins, 26; and Frederick Davis, 41, all of Elk Grove, pleaded guilty today to mail fraud for a mortgage fraud s...

CHARLESTON, WV - November 14, 2011 - (RealEstateRama) -- A Utah man pleaded guilty today in federal court before U.S. District Judge Thomas E. Johnston to charges connected to a multi-million-dollar mortgage fraud scheme involving properties at a Hurri...

WASHINGTON, DC - November 14, 2011 - (RealEstateRama) -- A Las Vegas woman pleaded guilty today for her role in a scheme to fraudulently gain control of condominium homeowners’ associations (HOAs) in the Las Vegas area so that the HOAs would direct b...

TALLAHASSEE, FL - November 10, 2011 - (RealEstateRama) -- Attorney General Pam Bondi announced that a Tampa couple has pled guilty to a mortgage fraud racketeering conspiracy. David Barile, 44, and Melissa D. Barile, 35, both of Tampa, were involved in...

JACKSON, MS - November 10, 2011 - (RealEstateRama) -- Michael Lance Persac, 37, of Canton, was sentenced in federal court today to serve 30 months in federal prison followed by three years of supervised release for mortgage fraud, U.S. Attorney John Do...

JACKSON, MS - November 7, 2011 - (RealEstateRama) -- Bobby F. Fisher, John W. Emory, III, Joni Lynn Goss, and Matt Howard were sentenced by U.S. District Judge Henry T. Wingate in federal court for crimes involving mortgage fraud, U.S. Attorney John M....

November 2, 2011 - (RealEstateRama) -- Legislation providing tougher penalties to those who knowingly engage in mortgage fraud has been passed through the legislature and recently signed into law by Governor Snyder. These new Public Acts seek to addres...

WASHINGTON, DC - October 28, 2011 - (RealEstateRama) -- A Las Vegas attorney pleaded guilty today for his role in a scheme to fraudulently gain control of condominium homeowners’ associations (HOAs) in the Las Vegas area so that the HOAs would direct...

MINNEAPOLIS, MN - October 19, 2011 - (RealEstateRama) -- Earlier today in federal court, a Minnesota couple was indicted in connection with a $5 million mortgage fraud scheme. James Warren Hoffman, age 51, and his wife, Teresa Gay Hoffman, age 52, both...

SALT LAKE CITY, UT - October 17, 2011 - (RealEstateRama) -- A federal grand jury returned an eight-count indictment Wednesday afternoon charging Portia R. Louder, age 40, and Chad Louder, age 41, both of Highland, with criminal violations of federal la...

ALBUQUERQUE, NM - September 26, 2011 - (RealEstateRama) -- United States Attorney Kenneth J. Gonzales announced that, on September 13, 2011, a United States District Judge sentenced Albuquerque real estate agent Kevin Powers, 51, to a 56-month term of ...