David Saks: Mortgage Fraud Blog for May 14, 2014

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Mortgage Fraud Blog for May 14, 2014

 
Here's the latest from my friend, and great attorney, Rachel Dollar.
Mortgage Fraud Blog sends update emails once per week. The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com.
Rachel Dollar

Rachel Dollar is a California attorney who represents lenders in mortgage related litigation. She is a shareholder at Smith Dollar PC. Ms. Dollar is a nationally recognized speaker, is licensed to practice law in California and maintains offices in Santa Rosa, California.

Mortgage Fraud Blog is sponsored by Smith Dollar PC and Rachel Dollar Risk Management, Inc.

Mortgage Fraud Blog | Mortgages and fraud and the law, oh my! - 10 new articles

In This Issue...

Man Admits Lying to Lender About his Income to Obtain Refinance

2 Indicted for Operating Advanced Fee Loan Scheme

Real Estate Manager Admits Role in $96M Ponzi Scheme

Real Estate Developer Admits Defrauding Investors in the Sale of $50M in Promissory Notes

Woman Guilty of Obstructing Investigation of $1.8M Loan Fraud Against Failed Bank

Developer Charged with Taking Real Estate Investor Funds for His Personal Use

Man Admits Role in Defrauding Lenders with Fake Documents and HUD-1s

Accountant Convicted of Preparing False Documents to Support Loan Application Misrepresentations

Fugitive Extradited to Face Real Estate Investment Charges

Mortgage Banker and 5 Others Indicted in $30M Mortgage Fraud Conspiracy

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
Man Admits Lying to Lender About his Income to Obtain Refinance

 

Henry Fecker, III, 60, Ft. Lauderdale, Florida, pled guilty before U.S. District Judge Robin S. Rosenbaum to a superseding information charging him with one count of bank fraud. Fecker admitted that...

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2 Indicted for Operating Advanced Fee Loan Scheme

Ann Elizabeth Ursiny, a/k/a Ann Stone, 50, and Robert E. O’Connor, 63, have been indicted in connection with an advance fee scheme involving approximately 100 victims throughout the United States....

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Real Estate Manager Admits Role in $96M Ponzi Scheme

Adam J. Manson, 42, Old Westbury, New York, pleaded guilty to conspiracy to commit securities fraud for engaging in a $96 million Ponzi scheme with co-defendant and former investment fund manager ...

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Real Estate Developer Admits Defrauding Investors in the Sale of $50M in Promissory Notes

Bradley Holcom, 55, a real estate developer, admitted soliciting investors to provide funds for commercial and residential development through an investment program he operated called the Trust Deed...

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Woman Guilty of Obstructing Investigation of $1.8M Loan Fraud Against Failed Bank

Laura Ortuondo, 33, formerly of San Diego, California, pleaded guilty before Magistrate Judge William V. Gallo to one count of making false statements to federal agents concerning her role in a...

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Developer Charged with Taking Real Estate Investor Funds for His Personal Use

Henry Thomas Hammond, 57, Ponte Vedra Beach, Florida, formerly of Liberty, Missouri, has been indicted by a federal grand jury for a $6.2 million series of investment fraud schemes.  The defendant...

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Man Admits Role in Defrauding Lenders with Fake Documents and HUD-1s

Taimur Aurora, 40, Stamford, Connecticut, waived his right to indictment and pleaded guilty before Chief U.S. District Judge Janet C. Hall to conspiring to defraud financial institutions through an...

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Accountant Convicted of Preparing False Documents to Support Loan Application Misrepresentations

Carmen Denise Mosley, 43, Granada Hills, California, a licensed accountant, was convicted following a five-day jury trial of conspiracy and fraud charges for participating in a mortgage fraud scheme...

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Fugitive Extradited to Face Real Estate Investment Charges

Joel Wilson, 31, Saginaw, Michigan, has been successfully extradited after fleeing justice for more than a year in Europe. Wilson faces nine felony charges dealing with three specific Michigan...

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Mortgage Banker and 5 Others Indicted in $30M Mortgage Fraud Conspiracy

Manjeet Bawa, 46, Dix Hills, New York, Joseph Ferrara, 70, Long Beach, New York, Eric Finger, 48, Miami, Florida, Joseph Mirando, 54, Centereach, New York, John Petition, 68, Garden City, New York,...

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David Saks



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Comment balloon 2 commentsDavid Saks • May 14 2014 06:59AM

Comments

There is no shortage of fraud going to this day.  Yikes how to we clean this up.

Posted by Elite Home Sales Team, A Tenacious and Skilled Real Estate Team (Elite Home Sales Team OC) almost 6 years ago

You need a flame thrower, Elite. A mop, sponge, soap and some bug spray doesn't work anymore.

Posted by David Saks ((retired)) almost 6 years ago

This blog does not allow anonymous comments