David Saks: Mortgage Fraud Blog for August 27, 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 August 27, 2014

 
 
 
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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...

Fugitive Gets 10 Years for Role in Scheme to Launder Mortgage Fraud Proceeds

Broker Sentenced for Running Straw Buyer, Illegal Flipping Scheme

Broker and Disbarred Attorney Indicted in Real Estate Fraud Scheme

Man Sentenced for Ripping Off Homeowners in Loan Modification Scheme

Woman Gets 3 Year Prison Sentence for Defrauding Lender

Woman Sent to Prison for Fraudulent REO Purchase Scheme

Man Admits Giving Buyers Undisclosed Incentives and Kickbacks

Man Charged with Misappropriating Funds Intended for Financing

Brokers Sentenced for Their Roles in the Greenleaf Mortgage Fraud Scheme

Man Admits Defrauding Mortgage Lenders

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
Fugitive Gets 10 Years for Role in Scheme to Launder Mortgage Fraud Proceeds

Hong Jae Kim, aka Randy Kim, 45, was sentenced by U.S. District Judge Jane J. Boyle to 10 years in federal prison and ordered to pay $1,795,125 in restitution for his nearly two-year role in a scheme...

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Broker Sentenced for Running Straw Buyer, Illegal Flipping Scheme

Robert Timothy Koger, 48, formerly of Oakton, Virginia, the president of an international brokerage firm, was sentenced to 11 years in prison for conducting a wide-ranging set of fraud schemes...

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Broker and Disbarred Attorney Indicted in Real Estate Fraud Scheme

Paul Mancuso, 46, Glen Rock, New Jersey, and Pasquale Stiso, 52, West Harrison, New York, were indicted by a federal grand jury for allegedly using a real estate investment scheme to defraud 15...

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Man Sentenced for Ripping Off Homeowners in Loan Modification Scheme

Robert Bacon, 35, West Newbury, Massachusetts, was sentenced by U.S. District Judge Kenneth Marra to 72 months in prison, to be followed by three years of supervised release and payment of...

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Woman Gets 3 Year Prison Sentence for Defrauding Lender

Soo Kyung Hong, aka Maria Hong, 48, Los Angeles, California, was sentenced to three years in federal prison for orchestrating a scheme that led to the fraudulent purchase of four properties worth...

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Woman Sent to Prison for Fraudulent REO Purchase Scheme

Daniela Spiridon, 43, St. Charles, Missouri, was sentenced to 78 months in prison involving a real estate scheme related to the purchase and sale of REO properties. In addition to the prison...

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Man Admits Giving Buyers Undisclosed Incentives and Kickbacks

Brandon Bolger, 40, Chicago, Illinois, pleaded guilty to conspiracy to commit wire, mail and bank fraud for failing to disclose to purchasers’ mortgage lenders material facts about the financing of...

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Man Charged with Misappropriating Funds Intended for Financing

John Paul Donico, 65, Erie, Pennsylvania, is the subject of an eight-count indictment for his alleged role in fraudulently obtaining $350,000 from a construction company by promising to obtain...

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Brokers Sentenced for Their Roles in the Greenleaf Mortgage Fraud Scheme

Justin W. Jeffries, 35, and Scott A. Jeffries, 59, were each sentenced to 5 years probation and restitution in the amount of $206,046.89 for their roles in the mortgage fraud scheme wherein they...

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Man Admits Defrauding Mortgage Lenders

Richard Hollern, 39, Grand Ledge, Michigan pled guilty before U.S. District Judge Robert Holmes Bell to a conspiracy to commit bank fraud in connection with his ownership in CDC Investments.

 

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Comment balloon 4 commentsDavid Saks • August 27 2014 08:13AM

Comments

Thank you for keeping us all aware of all the fraud.

Posted by Elite Home Sales Team, A Tenacious and Skilled Real Estate Team (Elite Home Sales Team OC) over 5 years ago

Thanks, Elite. My privilege !

Posted by David Saks ((retired)) over 5 years ago

Pick your fraud report here!  Lots of choices, unfortunately.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 5 years ago

Whew  !!!!

It's a rogue's gallery, Gabe.

Posted by David Saks ((retired)) over 5 years ago

This blog does not allow anonymous comments