David Saks: Mortgage Fraud Blog Report for May 28, 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 Report for May 28, 2014

Here's today's update from my friend, and great attorney, Rachel Dollar. 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...

Woman Sentenced to 7 Years in Prison for $16M Mortgage Fraud Scheme

Man Jailed For Stealing Houses Using Forged Deeds

Developers Admit Persuading Investors to Convert IRA Accounts to Fund Real Estate Project

Real Estate Broker Sentenced for His Role in Mortgage Fraud Scheme

Man Gets 4 Years in Prison for Defrauding Warehouse Lender

7 Charged in Largest Loan Modification Scheme Ever Prosecuted In The Nation

Man Charged in Connection with Multimillion-Dollar Real Estate Fraud Scheme

Businessman Jailed for Appraisal and Downpayment Fraud

Man Pleads Guilty to Using Fraudulent Tactics to Secure Loans

Undercover Agents Expose 2 Mortgage Fraudsters

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
Woman Sentenced to 7 Years in Prison for $16M Mortgage Fraud Scheme

Andrea Lorraine Avery, 47, Los Angeles, California, was sentenced following acceptance of her guilty plea in December 2013. The defendant and others entered into contracts to purchase twenty-four...

Read the whole entry »

      


Man Jailed For Stealing Houses Using Forged Deeds

Dwayne Stewart, 44, West Philadelphia, Pennsylvania, was sentenced by the Honorable Carolyn Nichols to 2.5 to 5 years in state prison followed by ten years of probation and ordered to pay over...

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Developers Admit Persuading Investors to Convert IRA Accounts to Fund Real Estate Project

Martin A. Pool, 44, Atlanta, Georgia, and Armand R. Franquelin, 57, Liberty, Utah, pleaded guilty to securities fraud and money laundering in U.S. District Court in Salt Lake City, Utah. The...

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Real Estate Broker Sentenced for His Role in Mortgage Fraud Scheme

Mark Henry Tkac, 49, Raleigh, North Carolina, was sentenced by Chief United States District Judge James C. Dever, III to a 42-month term of imprisonment, followed by five years of supervised release,...

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Man Gets 4 Years in Prison for Defrauding Warehouse Lender

Steven Pitchersky, 65, Rancho Mirage, California, was sentenced to 51 months in prison for a scheme to defraud Ally Bank that resulted in losses to the bank of approximately $5.3 million. ...

Read the whole entry »

      


7 Charged in Largest Loan Modification Scheme Ever Prosecuted In The Nation

Seven defendants, including an attorney, have been indicted for allegedly defrauding over 3,500 victims to the tune of $13.5 million in the largest loan modification scheme ever prosecuted in the...

Read the whole entry »

      


Man Charged in Connection with Multimillion-Dollar Real Estate Fraud Scheme

Joseph Del Valle, 59, Aventura, Florida, an owner and partner of various investment companies, including Vanquish Acquisition Partners LLC and PM Capital Management LLC, which were based in...

Read the whole entry »

      


Businessman Jailed for Appraisal and Downpayment Fraud

Richard Dean Woolsey, 42, Grosse Ile Township, Michigan, was sentenced after being convicted at trial of conspiracy to commit wire fraud and wire fraud for his role in a mortgage fraud scheme.  ...

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Man Pleads Guilty to Using Fraudulent Tactics to Secure Loans

Joshua Clymer, 28, San Francisco, California, pleaded guilty to conspiracy to commit mail and wire fraud in connection with his use of fraudulent tactics to help buyers secure home loans from...

Read the whole entry »

      


Undercover Agents Expose 2 Mortgage Fraudsters

George Dravilas, 36, Medinah, Illinois, and Bridget Hutcherson, 40, Chicago, Illinois, were arrested on federal charges for allegedly engaging in a bank fraud scheme purporting to involve the...

Read the whole entry »

      


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David Saks



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Comment balloon 0 commentsDavid Saks • May 28 2014 07:26AM

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