Enter Keywords:

Volume 5 No. 1 August 2008
Educational Resources Financial Crime History Taxation US Banking System	HEADLINES	FINANCIAL CRIME STORIES BY TOPIC:
Financial Crime in Short-Term Memory Feature: Tobashi Schemes Backfired on Japanese Banks September 2004	Dayton, Ohio - Mortgage Fraud Six Defendants Charged in Alleged $15 Million Dayton, Ohio Mortgage Fraud Ring	Accounting Fraud Art Fraud Bank FraudFactoring Commodities
Special Reports Feature Stories	Oklahoma - Mortgage Fraud & HYIP Oklahoma Man Convicted in Mortgage Rebate Coupon Scheme	Corruption International Money Laundering & Hawalas
FEATURES ARCHIVE 2006 Features Index 2005 Features Index 2004 Features Index	Pennsylvania - Mortgage Fraud Pennsylvnia Mortgage Broker Sentenced For Scheme Involving Over 70 Properties	Investment Frauds Penny Stocks Prime Banks & HYIPs
News of Regulator Alerts Updated February 12, 2007 Regulator Alerts Index List of 2005 Alerts	Pennsylvania - Mortgage Fraud Western Pennsylvania Mortgage Fraud Task Force Announces Three Cases in 2008	Rare Coins Market Timing Real Estate & Mortgage Fraud Tax Fraud
	ABOUT FINANCIAL CRIME: What You Can Learn From This Website

Information on this site is intended to inform investors, homeowners, and consumers of current and past cases of financial fraud and how such frauds have been carried out. This information is not intended as investment, legal, tax, or accounting advice and should not be interpreted as such.

NEWS & FEATURES> Click to read the story	NEWS & FEATURES> Click to read the story
SIX DEFENDANTS CHARGED IN ALLEGED $15 MILLION DAYTON, OHIO MORTGAGE FRAUD RING: August 30, 2008	OKLAHOMA MAN CONVICTED IN MORTGAGE REBATE COUPON SCHEME: August 30, 2008
PENNSYLVANIA MORTGAGE BROKER SENTENCED FOR SCHEME INVOLVING OVER 70 PROPERTIES: August 30, 2008	WESTERN PENNSYLVANIA MORTGAGE FRAUD TASK FORCE ANNOUNCES THREE CASES IN 2008: August 30, 2008
KEY FIGURES IN COLUMBUS OHIO MORTGAGE FRAUD PLEAD GUILTY: August 27, 2008	FOUR CHARGED IN MARYLAND FORECLOSURE RESCUE SCHEME: August 27, 2008
OHIO MAN SENTENCED IN FORECLOSURE RESCUE SCHEME: August 27, 2008	CINCINNATI TITLE COMPANY OWNER PLEADS GUILTY IN MORTGAGE FRAUD: August 27, 2008
OPERATORS OF NEW JERSEY MORTGAGE BROKERAGE AMERICAN MACRO GROWTH CHARGED IN 35-COUNT FEDERAL INDICTMENT: August 24, 2008	TWO NORTH CAROLINA RESIDENTS PLEAD GUILTY TO DEFRAUDING INTERNET MORTGAGE COMPANY: August 24, 2008
LAS VEGAS REAL ESTATE AGENT AND HUSBAND ACCUSED OF USING SHAM ENTITIES IN HUNDREDS OF FLIPS: August 24, 2008	TWO UPSTATE NEW YORK DEFENDANTS SENTENCED IN FSBO MORTGAGE FRAUD SCHEME: August 24, 2008
FORMER KANSAS CITY COUNCIL MEMBER SENTENCED FOR ACTING AS STRAW BORROWER IN MORTGAGE SCHEME: August 24, 2008	ST LOUIS MORTGAGE BROKER PLEADS GUILTY TO MULTIPLE FRAUDULENT LOANS IN SOUTH ST LOUIS: August 24, 2008
MISSISSIPPI REAL ESTATE DEVELOPER PELADS GUILTY IN BANK FRAUD CASE: August 24, 2008	TITLE COMPANY OWNER PLEADS GUILTY IN VERMONT MORTGAGE FRAUD CASE: August 24, 2008
OPERATORS OF FIRST RATE MORTGAGE GROUP FRAUD SENTENCED IN MINNESOTA: August 24, 2008	THREE MISSISSIPPI MORTGAGE FRAUD CASES TARGET MORTGAGE BROKERS: August 24, 2008
OPERATORS OF METROPOLITAN MONEY STORE INDICTED IN MARYLAND FORECLOSURE RESCUE CASE: August 24, 2008	T.J. WACONIA PRINCIPALS PLEAD GUILTY IN MINNESOTA: August 24, 2008
MORTGAGE FRAUD RINGS OPERATING IN CHICAGO SUBURBS AND BEYOND FACE FEDERAL CHARGES: August 24, 2008	OPERATORS OF NEW FAMILY MORTGAGE IN CHICAGO CHARGED IN FEDERAL INDICTMENT: August 24, 2008
SIX CHARGED IN CHICAGO REHAB AND FLIPPING SCHEME: August 24, 2008	DETROIT MORTGAGE FRAUDSTER SENTENCED FOR SCHEME THAT USED SHAM TITLE COMPANIES TO RECEIVE FRAUDULENT LOANS: August 24, 2008
FEDERAL PROSECUTORS IN CHICAGO DECLARE WAR ON MORTGAGE FRAUD- 15 INDICTMENTS, 92 DEFENDANTS, $200 MILLION IN FRAUDULENT LOAN PROCEEDS ALLEGED ON HUNDREDS OF PROPERTIES SINCE FEBRUARY: August 24, 2008	DECATUR ILLINOIS MORTGAGE FRAUDSTER SENTENCED TO OVER 19 YEARS IN PRISON: August 24, 2008
FED-STATE MORTGAGE FRAUD SWEEP IN FLORIDA RESULTS IN SIX MORE CASES: August 24, 2008	MORTGAGE FRAUD PROSECUTIONS CONTINUE IN GEORGIA: August 24, 2008
OPERATION MALICIOUS MORTGAGE CONTINUES FED ACTIONS ON MORTGAGE FRAUD: August 15, 2008 August 15, 2008	STATES TARGET AMERICAN HOUSING AUTHORITY AND FORECLOSURE ASSISTANCE SOLUTIONS OVER FORECLOSURE RESCUE PRACTICES: August 15, 2008
ALASKA MORTGAGE FRAUDSTER SENTENCED: August 15, 2008	METRO DREAM HOME RECEIVER FINDS 30 COMPANIES,1200 INVESTORS OWED $125 MILLION: August 15, 2008
OPERATORS OF THREE FLORIDA TITLE COMPANIES FACE LAWSUITS, CRIMINAL CHARGES: August 15, 2008	CONVICTED BANK FRAUDSTER AT THE CENTER OF MORTGAGE LOAN DIVERSION SCHEME: August 15, 2008
FOUR DEFENDANTS PLEAD GUILTY IN OHIO EVERGREEN HOMES CASE: August 15, 2008	NEW YORK MORTGAGE BROKER AND ASSOCIATE PLEAD GUILTY IN $20 MILLION FORECLOSURE RESCUE AND SUBPRIME LOAN SCHEME: August 15, 2008
2007 FTC STUDY FOUND MORTGAGE DISCLOSURES INADEQUATE: August 15, 2008	OPERATION CASH BACK RESULTS IN SIX ARIZONA MORTGAGE FRAUD CASES CHARGING 36 DEFENDANTS: August 15, 2008
FBI RELEASED 2007 FINANCIAL CRIME REPORT IN MAY: August 15, 2008	FEDERAL JURY IN TAMPA CONVICTS FIVE ASSOCIATED WITH FIRST HANOVER MORTGAGE FORECLOSURE RESCUE SCHEME: August 15, 2008
OPERATORS OF "FEDERAL LAND GRANT" FORECLOSURE RESCUE SCHEME CHARGED IN SAN DIEGO: August 15, 2008	"OPERATION HOMEWRECKER" TARGETS LARGE CALIFORNIA FORECLOSURE RESCUE RING: August 15, 2008
FIFTH DEFENDANT CHARGED IN STOCKTON, CALIFORNIA MORTGAGE FRAUD CASE: August 15, 2008	FORMER OWNER OF AMERICAS BEST MORTGAGE SERVICES INC AND ASSOCIATES SENTENCED IN FLORIDA: August 15, 2008

FINANCIAL CRIME NEWS

Financial Crime in Short-Term Memory