David Saks: Mortgage Fraud Blog for February 25, 2015

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 February 25, 2015

 
 
 
Mortgage Fraud Blog sends me an update email 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...

Woman Sentenced to Prison for Ripping Off Real Estate Investors

Man Jailed for his Role in Mortgage Relief Scam

Jury Convicts Woman of Mortgage Fraud

Conspirator Indicted for Straw Buyer Scheme

Former Title Company Owner Heads to Prison in Bank Fraud Conspiracy

Sovereign Citizen Jailed for Obstructing IRS and Filing False Property Liens Against Federal Officials

Woman Admits Using ID Theft to Obtain Loans

Real Estate Agent Sent to Prison for Short Sale Fraud

Real Estate Investment Fraud on the Rise

Investment Advisor Convicted of Issuing Fraudulent Promissory Notes

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
Woman Sentenced to Prison for Ripping Off Real Estate Investors

Mortgage Fraud Blog.

Karen Hanover, 48, Seal Beach, California, was sentenced to 35 months in federal prison for operating a $1.4 million fraud scheme that bilked clients who paid money in response...

Read the whole entry »

      


Man Jailed for his Role in Mortgage Relief Scam

Mortgage Fraud Blog.

Ray Jan Kornfeld, 59, Las Vegas, Nevada, was sentenced by United States District Judge Troy L. Nunley to 5 years in prison for his role in a large-scale mortgage fraud scheme.

...

Read the whole entry »

      


Jury Convicts Woman of Mortgage Fraud

Mortgage Fraud Blog.

Carmen Johnson, 48, Gambrills, Maryland, was convicted by a federal jury on charges of conspiracy, wire fraud and making a false statement on a loan application, arising from two...

Read the whole entry »

      


Conspirator Indicted for Straw Buyer Scheme

Mortgage Fraud Blog.

Alberic Okou Agodio, 30, Bethesda, Maryland, was indicted on charges arising from a mortgage fraud scheme in which he used the names of immigrants and students, along with false...

Read the whole entry »

      


Former Title Company Owner Heads to Prison in Bank Fraud Conspiracy

Mortgage Fraud Blog.

Kirk Smith, Harris County, Texas, has been ordered to prison following his conviction for defrauding seven different Houston, Texas-area banks of more than $2 million in 2007...

Read the whole entry »

      


Sovereign Citizen Jailed for Obstructing IRS and Filing False Property Liens Against Federal Officials

Mortgage Fraud Blog.

Donna Marie Kozak, La Vista, Nebraska, was sentenced in U.S. District Court for the District of Nebraska in Omaha to serve 36 months in prison and three years of supervised...

Read the whole entry »

      


Woman Admits Using ID Theft to Obtain Loans

Mortgage Fraud Blog.

Sharon Lynn Shaw, 67, San Jose, California, pleaded guilty in federal court to bank fraud and theft by bank officer. Shaw admitted that she used the names, Social Security...

Read the whole entry »

      


Real Estate Agent Sent to Prison for Short Sale Fraud

Mortgage Fraud Blog.

Minerva Sanchez, 48, Fremont, California, a licensed real estate agent, was sentenced by Senior U.S. District Judge Anthony W. Ishii to 21 months in prison for her role in a...

Read the whole entry »

      


Real Estate Investment Fraud on the Rise

Mortgage Fraud Blog.

Fraudulent investment property schemes are on the rise in the form of straw borrowers, abnormally high appraisals, evasion of purchase guidelines and large numbers of purchased...

Read the whole entry »

      


Investment Advisor Convicted of Issuing Fraudulent Promissory Notes

Mortgage Fraud Blog.

Michael T. Hardman has been convicted in an investment fraud scheme. Hardman was found guilty of two counts of grand theft for defrauding more than 30 Floridians in a fraudulent...

Read the whole entry »

      


Copyright 2004-2014 Rachel M. Dollar



David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 2 commentsDavid Saks • February 25 2015 07:36AM

Comments

David, I am surprised that Fraud is on the  rise, I would think now that the Short Sales and REO dried up this would eliminate most of the Fraudsters....Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) almost 5 years ago

To the contrary, Endre Barath, Jr. my friend.

There's less media saturation of the calamitous nature of real estate fraud because of the burnout during the subprime meltdown.

It's worse than ever and getting worse by the day.

And few listen....until it's too late and the damage done.

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

This blog does not allow anonymous comments