David Saks: Mortgage Fraud Blog for October 22, 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 October 22, 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...

2 Charged with Bank Fraud and Concealing Assets in Bankruptcy

Fraudster Gets 7 Years for $16M Straw Buyer Conspiracy

Investment Advisor Convicted of Defrauding Lenders and Clients

2 Businesses Charged with Acting as Unlicensed Mortgage Lenders

2 Charged With Inflating Purchase Prices to Obtain Kickbacks

6 Conspire to Steal Deceased Woman’s House

Broker Charged with Running $2M Real Estate Ponzi Scheme

It’s Prison Time for Sovereign Citizen Who Retaliated Against Officials By Recording False Liens

Man Arrested for Stealing Title to New York Home

Banker Admits Taking Bribes in Secondary Mortgage Fraud Scheme

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
2 Charged with Bank Fraud and Concealing Assets in Bankruptcy

Mortgage Fraud Blog.

Todd A. Brunner, 57, and Shawn A. Brunner, 24, both of Pewaukee, Wisconsin, are the subjects of a sixteen count indictment charging them with bank fraud, making false...

Read the whole entry »

      


Fraudster Gets 7 Years for $16M Straw Buyer Conspiracy

Mortgage Fraud Blog.

Dinesh Valjeebhai Shah, 65, was sentenced to seven years in state prison for conspiring with three other family members to commit over $16 million in real estate fraud by forging...

Read the whole entry »

      


Investment Advisor Convicted of Defrauding Lenders and Clients

Mortgage Fraud Blog.

Robert J. Lunn, 64, Chicago, Illinois, an investment advisor, was convicted of federal bank fraud charges for engaging in a scheme to defraud Leaders Bank and two of his clients...

Read the whole entry »

      


2 Businesses Charged with Acting as Unlicensed Mortgage Lenders

Mortgage Fraud Blog.

Bell Holdings, Inc., and Bimija Limited Partnership, are the subjects of Administrative Complaints issued by the Florida Office of Financial Regulation charging each company with...

Read the whole entry »

      


2 Charged With Inflating Purchase Prices to Obtain Kickbacks

Mortgage Fraud Blog.

Guillermo Rincon, 36, Miami, Florida, and Enrique Hernandez, 34, Tampa, Florida, have been indicted and charged with one count of mortgage fraud conspiracy involving mail and...

Read the whole entry »

      


6 Conspire to Steal Deceased Woman’s House

Mortgage Fraud Blog.

Six people, including a lawyer, real estate agent and funeral home director, have been charged with conspiring to steal a Philadelphia, Pennsylvania, home from an elderly widow...

Read the whole entry »

      


Broker Charged with Running $2M Real Estate Ponzi Scheme

Mortgage Fraud Blog.

Marie Mikesche Bontigao, 43, West Chester, Pennsylvania, was charged by indictment for her alleged role in a fraud scheme wherein she solicited individuals to invest in her real...

Read the whole entry »

      


It’s Prison Time for Sovereign Citizen Who Retaliated Against Officials By Recording False Liens

Mortgage Fraud Blog.

Cherron Marie Phillips, a/k/a River Tali, 43, Chicago, Illinois, ended after two years of federal prosecution with Phillips being sentenced to a seven year prison term for...

Read the whole entry »

      


Man Arrested for Stealing Title to New York Home

Mortgage Fraud Blog.

Darrell Beatty, 49, Queens, New York, has been charged with illegally transferring the deed of an elderly woman’s home into his own name and then moving into the house.

...

Read the whole entry »

      


Banker Admits Taking Bribes in Secondary Mortgage Fraud Scheme

Mortgage Fraud Blog.

Robert Moreno, San Diego, California, a banker who sold mortgages on behalf of GMAC, admitted receiving more than one million dollars in bribe payments while working on behalf of...

Read the whole entry »

      


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David Saks



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Comment balloon 4 commentsDavid Saks • October 22 2014 01:02AM

Comments

David, I would love to hear our opinion on some of this material.  I think Banks are still taking advantage of the public they serve--disserve.

 

Posted by Larry Lawfer, "I listen for a living." It's all about you. (YourStories Realty Group powered by Castles Unlimited®) over 5 years ago

Agreed, Larry. Thank you for following Rachel's great blog. Hope you're having a great week.

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

David, The federal bank fraud charges is the specific mortgage fraud case that got my attention on this list.

Posted by Sam Miller, Knox County Ohio Real Estate Specialist (RE/MAX Stars Realty) over 5 years ago

It's beyond dirty when an investment advisor cooks the books , Sam. That filthy swindler caused the bank to lose nearly 3 million dollars.

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

This blog does not allow anonymous comments