FINANCIAL CRIME NEWS

REAL ESTATE FRAUD

MORTGAGE FRAUD AND FLIPPING

ALABAMA

ALABAMA WOMAN CHARGED OVER MORTGAGE ON DRUG STASH HOUSE: October 3, 2005

ALABAMA REAL ESTATE BROKER CHARGED WITH DEFRAUDING HUD: June 6, 2005

ALABAMA MORTGAGE FRAUD FIGURE MCREATH SENTENCED: April 30, 2005

ALABAMA MORTGAGE LOAN OFFICER INDICTED: February 18, 2005

FIVE SENTENCED IN ALABAMA MORTGAGE FRAUD CASE:November 24, 2004

ALASKA

ALASKA MORTGAGE FRAUDSTER SENTENCED: August 15, 2008

ARIZONA

OPERATION CASH BACK RESULTS IN SIX ARIZONA MORTGAGE FRAUD CASES CHARGING 36 DEFENDANTS: August 15, 2008

FORMER ARIZONA MORTGAGE COMPANY OFFICIAL ROGER MASON SENTENCED IN FRAUD CASE: December 12, 2006

SIBLINGS SENTENCED IN ARIZONA FHA LOAN FRAUD SCHEME: June 8, 2006

PARTICIPANT IN PHOENIX REAL ESTATE FRAUD RING SENTENCED IN ARIZONA CASE: April 11, 2006

REAL ESTATE AGENT AND LOAN OFFICER INDICTED IN PHOENIX AREA MORTGAGE FRAUD: March 31, 2005

ARKANSAS

REPORTS SAY ARKANSAS MAN CONVICTED IN CUT AND PASTE MORTGAGE FRAUD SCAM: January 24, 2005

FOUR INDICTED IN ARKANSAS MORTGAGE FRAUD: January 11, 2005

CALIFORNIA

FIFTH DEFENDANT CHARGED IN STOCKTON, CALIFORNIA MORTGAGE FRAUD CASE: August 15, 2008

"OPERATION HOMEWRECKER" TARGETS LARGE CALIFORNIA FORECLOSURE RESCUE RING: August 15, 2008

OPERATORS OF "FEDERAL LAND GRANT" FORECLOSURE RESCUE SCHEME CHARGED IN SAN DIEGO: August 15, 2008

KEY FIGURE IN SOUTHERN CAL REAL ESTATE FLIPPING SCHEME SENTENCED: April 30, 2007

HEAD OF MORTGAGE CAPITAL RESOURCE CORPORATION PLEADS GUILTY IN CALIFORNIA: December 18, 2006

CALIFORNIA MORTGAGE BROKER/APPRAISER CONVICTED IN LOS ANGELES FLIPPING SCHEME: February 10, 2006

CALIFORNIA COUPLE INDICTED OVER REAL ESTATE SCHEME USING STOLEN IDENTITIES: October 10, 2005

SAN DIEGO REAL ESTATE BROKER SENTENCED IN DECEPTIVE HOME-BUYING SCHEME: September 12, 2005

CALIFORNIA REAL ESTATE INVESTOR CONVICTED IN $5 MILLION FHA FRAUD: April 12, 2005

SOUTHERN CAL MORTGAGE BROKER AND ATTORNEY INDICTED FOR CONSPIRACY: March 8, 2005

CALIFORNIA MORTGAGE BROKER ACCUSED OF DEFRAUDING SPANISH-SPEAKING HOMEOWNERS: February 7, 2005

CALIFORNIA MORTGAGE BROKER INDICTED IN $13 MILLION MORTGAGE FRAUD: December 17, 2004

COLORADO

COLORADO REAL ESTATE AGENT WILLIAM MENDEZ SENTENCED IN MORTGAGE FRAUD SCHEME: September 18, 2006

MAN WHO USED JOB APPLICANTS' IDENTITIES IN MORTGAGE FRAUD SENTENCED IN DENVER: May 2, 2006

COLORADO REAL ESTATE AGENTS ACCUSED OF ARRANGING FHA LOANS FOR ILLEGAL ALIENS: October 12, 2005

TWO CHARGED OVER DENVER MORTGAGE FRAUD SCHEME TARGETING SPANISH-SPEAKERS: June 6, 2005

KEY FIGURE IN DENVER MORTGAGE FRAUD RING SENTENCED: January 22, 2005

CONNECTICUT

AMERIQUEST MORTGAGE TO PAY $1 MILLION PENALTY OVER ALLEGED CONNECTICUT VIOLATIONS: August 12, 2005

DELAWARE

OWNERS OF INFINITY MORTGAGE SENTENCED IN DELAWARE: June 6, 2005

CONVICTIONS ANNOUNCED IN DELAWARE REAL ESTATE FRAUD CASE: December 15, 2004

DISTRICT OF COLUMBIA

FORMER MARYLAND LOAN OFFICER PLEADS GUILTY IN $14 MILLION FRAUDULENT REAL ESTATE FLIPPING SCHEME: December 28, 2006

LEADER OF DISTRICT OF COLUMBIA REAL ESTATE FLIPPING SCHEME SENTENCED: July 20, 2005

DC PROPERTY FLIPPER STOLE STRAW BUYERS' IDENTITIES TO OBTAIN ADDITIONAL FRAUDULENT MORTGAGES: April 2, 2005

TWO INDICTED, FOUR PLEAD GUILTY IN WASHINGTON D.C. FLIPPING SCHEME: December 26, 2004

FLORIDA

FED-STATE MORTGAGE FRAUD SWEEP IN FLORIDA RESULTS IN SIX MORE CASES: August 24, 2008

FORMER OWNER OF AMERICAS BEST MORTGAGE SERVICES INC AND ASSOCIATES SENTENCED IN FLORIDA: August 15, 2008

FEDERAL JURY IN TAMPA CONVICTS FIVE ASSOCIATED WITH FIRST HANOVER MORTGAGE FORECLOSURE RESCUE SCHEME: August 15, 2008

PARTICIPANT IN TAMPA AREA MORTGAGE FRAUD RING TO PLEAD GUILTY: September 19, 2006

FLORIDA RESIDENT ACCUSED OF USING FALSE IDENTITY TO GET MORTGAGE LOANS: August 8, 2006

US APPEALS COURT REINSTATES CONVICTIONS OF FLORIDA RESIDENTS IN SCHEME TO CHEAT RECEIVERSHIP: June 6, 2006

FLORIDA REAL ESTATE FRAUD SUSPECT SHOOTS HIMSELF IN PUBLIC PARK AFTER STANDOFF WITH POLICE: June 6, 2006

TWO FORT LAUDERDALE RESIDENTS CHARGED WITH GETTING TWELVE FRAUDULENT MORTGAGE LOANS FOR LUXURY PROPERTIES: October 17, 2005

FLORIDA INVESTOR IN REAL ESTATE FLIPPING RING SENTENCED: October 7, 2005

REAL ESTATE INFOMERCIAL FRAUDSTERS WILLIAM & CHANTAL MCCORKLE TO BE RE-SENTENCED-- AGAIN:
August 15, 2005

REAL ESTATE FLIPPING RING DISMANTLED IN SOUTH FLORIDA: June 23, 2005

MISTRIAL REPORTED IN JACKSONVILLE REAL ESTATE FLIPPING CASE: June 16, 2005

KISSIMMEE, FLORIDA MORTGAGE BROKER ARRESTED IN FRAUD SCHEME: June 8, 2005

FORT LAUDERDALE MORTGAGE FRAUDSTERS TO BEGIN PRISON TERMS AFTER APPEAL DENIED: June 6, 2005

FLORIDA FRAUDSTER SENTENCED IN CONNECTICUT ON REAL ESTATE SCHEME: May 28, 2005

TRIO ARRESTED FOR ALLEGED $3 MILLION SOUTH FLORIDA MORTGAGE FRAUD: April 20, 2005

REAL ESTATE FLIPPING INDICTMENT REPORTED IN JACKSONVILLE: January 28, 2005

FLORIDA REAL ESTATE DEVELOPER SENTENCE ADJUSTMENT REPORTED: January 7, 2005

CLASSIC REAL ESTATE SCAMS RESURFACE IN FLORIDA: Feature July 2004

FAIRBANKS CAPITAL SETTLES WITH FLORIDA: June 22,2004

GEORGIA

MORTGAGE FRAUD PROSECUTIONS CONTINUE IN GEORGIA: August 24, 2008

OWNER OF SOUTHERN LENDERS MORTGAGE CORPORATION CHARGED WITH BANK FRAUD: June 11, 2007

GEORGIA ATTORNEY PLEADS GUILTY OVER SCHEME THAT USED MORTGAGE FRAUD TO FINANCE USED CAR BUSINESS: June 1, 2007

PHONY GEORGIA REAL ESTATE AGENT SENTENCED IN MORTGAGE FRAUD INVOLVING VA LOANS: August 28, 2006

ANOTHER MASSIVE MORTGAGE FRAUD RING BUSTED IN ATLANTA: June 16, 2006

FORMER HOMELAND SECURITY EMPLOYEE ARRESTED AT GEORGIA REAL ESTATE CLOSING: June 12, 2006

NEW INDICTMENT EXPANDS CASE AGAINST PHILLIP HILL REAL ESTATE RING: April 13, 2006

ATLANTA MORTGAGE FRAUD RINGLEADER GETS 30-YEAR SENTENCE: September 27, 2005

THREE INDICTED IN SAVANNAH AREA MORTGAGE FRAUD: August 11, 2005

MORTGAGE FRAUD INDICTMENT, RAID, AND SENTENCING REPORTED IN GEORGIA: June 27, 2005

ATLANTA DEVELOPER PHILLIP HILL AND 18 ASSOCIATES CHARGED OVER FLIPPING SCHEME: June 24, 2005

ANOTHER ATLANTA MORTGAGE BROKER SENTENCED ON FRAUD CHARGES: May 30, 2005

ATLANTA REAL ESTATE FUGITIVE APPREHENDED IN CANADA: April 4, 2005

GEORGIA ATTORNEY MCFARLAND CONVICTED IN $20 MILLION MORTGAGE FRAUD: March 14, 2005

GEORGIA ATTORNEY PLEADS GUILTY TO ROLE IN MORTGAGE FRAUD: February 22, 2005

FIVE INDICTED IN ATLANTA $4 MILLION MORTGAGE FRAUD: February 18, 2005

DEFENDANTS SENTENCED IN GEORGIA MORTGAGE REFINANCING SCHEME:December 15, 2004

GEORGIA WOMAN ARRESTED FOR $2.5 MILLION REAL ESTATE FRAUD COMMITTED WITH STOLEN IDENTITY: November 24, 2004

REPORTS SAY GEORGIA LEADS U.S. IN MORTGAGE FRAUD: Feature October 2004

ATTORNEY PLEADS GUILTY IN GEORGIA MORTGAGE FRAUD: October 11, 2004

ILLINOIS

SIX CHARGED IN CHICAGO REHAB AND FLIPPING SCHEME: August 24, 2008

OPERATORS OF NEW FAMILY MORTGAGE IN CHICAGO CHARGED IN FEDERAL INDICTMENT: August 24, 2008

MORTGAGE FRAUD RINGS OPERATING IN CHICAGO SUBURBS AND BEYOND FACE FEDERAL CHARGES: August 24, 2008

DECATUR ILLINOIS MORTGAGE FRAUDSTER SENTENCED TO OVER 19 YEARS IN PRISON: 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

ILLINOIS REAL ESTATE AGENT ACCUSED OF STEALING $500,000 FROM OUT-OF-STATE CUSTOMERS: August 29, 2006

THREE PLEAD GUILTY IN CENTRAL ILLINOIS MORTGAGE FRAUD SCHEME: June 19, 2006

PARTICIPANTS IN CHICAGO MORTGAGE FRAUD RING SENTENCED: October 11, 2005

CHICAGO MORTGAGE BROKER PLEADS GUILTY IN $10 MILLION FLIPPING CASE: July 22, 2005

TWELVE CHARGED IN FHA FRAUD AND FLIPPING CASE IN WESTERN ILLINOIS: July 20, 2005

ILLINOIS MAN ACCUSED OF USING ONE CHARITY TO STEAL THE IDENTITY OF ANOTHER AND ITS REAL ESTATE:
April 14, 2005

TWO PLEAD GUILTY IN CENTRAL ILLINOIS MORTGAGE FRAUD: December 13, 2004

INDIANA

INDIANAPOLIS APPRAISER TO PLEAD GUILTY OVER TWO FLIPPING SCHEMES: September 6, 2005

TWO INDIANAPOLIS MORTGAGE BROKERS CHARGED WITH FRAUD: June 11, 2005

INDIANA'S WAR ON MORTGAGE FRAUD- MARCH 2005-- FEATURE

INDIANA REAL ESTATE DEVELOPER INDICTED IN $217 MILLION BANK FRAUD: March 18, 2005

IOWA

FORMER DES MOINES REAL ESTATE AGENT FAZIO GETS TWO-YEAR SENTENCED: January 15, 2007

CONTROVERSIAL LAND CONTRACT DEALER CONVICTED IN IOWA TRIAL: April 3, 2006

MIXED VERDICT IN FRAUD CASE AGAINST DES MOINES REAL ESTATE AGENT: November 8, 2005

LAWSUIT AGAINST GREAT PLAINS MORTGAGE COMPANY REVEALS DES MOINES REAL ESTATE FLIPPING: May 12, 2005

KENTUCKY

KENTUCKY RESIDENT CONVICTED IN LOUISVILLE MORTGAGE FRAUD CASE: February 2, 2006

ANTHONY ERPENBECK INDICTED IN KENTUCKY FOR THREATENING FEDERAL OFFICIALS: May 31, 2005

KENTUCKY REAL ESTATE DEVELOPER PLEADS GUILTY TO BANK FRAUD: February 11, 2005

LOUISIANA

LOUISIANA HOUSE BUILT WITH STOLEN MEDICARE FUNDS BECOMES SUBJECT OF FRAUD CASE: December 15, 2004

MARYLAND

METRO DREAM HOME RECEIVER FINDS 30 COMPANIES, 1,200 INVESTORS OWED $125 MILLION: August 15, 2008

PARTICIPANT IN MARYLAND REAL ESTATE FLIPPING RING SENTENCED: September 15, 2006

MARYLAND PROPERTY FLIPPER WHO USED STOLEN IDs SENTENCED IN DC: September 9, 2005

MARYLAND DEVELOPER SENTENCED FOR LEADING DC FLIPPING RING: September 7, 2005

BALTIMORE REAL ESTATE FLIPPER FOUND IN VIOLATION OF MARYLAND CONSUMER PROTECTION ACT: June 16, 2005

MAY GUILTY PLEAS IN REAL ESTATE FLIPPING CASE BRING BALTIMORE TOTAL TO 100: June 15, 2005

THREE SENTENCED IN BALTIMORE REAL ESTATE FLIPPING SCHEME: June 13, 2005

BALTIMORE ATTORNEY PISTOLAS SENTENCED IN MORTGAGE FRAUD CASE: June 1, 2005

MARYLAND REAL ESTATE INVESTOR SENTENCED IN DC FLIPPING CASE: May 28, 2005

MARYLAND MORTGAGE BROKER LEPPERT SENTENCED TO 10 YEARS: March 5, 2005

MORE DEFENDANTS PLEAD GUILTY TO REAL ESTATE FLIPPING IN BALTIMORE: February 16, 2005

BALTIMORE MORTGAGE BROKER PLEADS GUILTY IN FLIPPING SCHEME: January 29, 2005

MARYLAND MAN CONVICTED IN MORTGAGE FRAUD OVER WASHINGTON DC PROPERTIES: January 27, 2005

GUILTY PLEA IN MARYLAND REAL ESTATE SCAM: January 18, 2005

DEFENDANT SENTENCED IN BALTIMORE FLIPPING CASE: November 24, 2004

EFFECTS OF BALTIMORE REAL ESTATE FRAUD CONTINUE IN COURT: November 2004 FEATURE

CONVICTED BALTIMORE MORTGAGE FRAUDSTER INDICTED AGAIN: October 27, 2004

MASSACHUSETTS

MASSACHUSETTS TAKES ACTION AGAINST MORTGAGE COMPANIES ZEUS FUNDING AND CHAMPAGNE ASSOCIATES: January 22, 2007

MASSACHUSETTS WOMAN CONVICTED IN CAPE CODE THEFT SCHEME: August 12, 2005

FRAUDSTER WHO USED FAMOUS BOSTON MANSION IN REAL ESTATE SCHEME SENTENCED: August 11, 2005

CAPE COD MAN SENTENCED FOR CONSPIRING TO LAUNDER MONEY FROM OVER $1 MILLION OF STOLEN PROPERTY: June 1, 2005

MASSACHUSETTS PASTOR INDICTED IN MORTGAGE FRAUD SCHEME: May 17, 2005

$1.3 MILLION JUDGMENT AGAINST MASSACHUSETTS TIMESHARE DEALERS: May 16, 2005

TWO CONVICTED IN SPRINGFIELD, MASSACHUSETTS REAL ESTATE CASE: January 4, 2005

ADVANCE FEE MORTGAGE OPERATOR SENTENCED IN BOSTON: November 9, 2004

TEN INDICTED IN SPRINGFIELD, MASSACHUSETTS FLIPPING CASE: October 20, 2004

JUDGE REVERSES GUILTY VERDICT OF REAL ESTATE EXCHANGE COMPANY OWNER CARPENTER: January 18, 2006

MICHIGAN

DETROIT MORTGAGE FRAUDSTER SENTENCED FOR SCHEME THAT USED SHAM TITLE COMPANIES TO RECEIVE FRAUDULENT LOANS: August 24, 2008

MICHIGAN CRACKS DOWN ON MORTGAGE FRAUD: December 28, 2006

MICHIGAN SAYS TWO INTERNET MORTGAGE ADVERTISERS WHO CLAIM TO BE BASED IN MICHIGAN ARE NOT LICENSED COMPANIES: November 30, 2006

FORMER VICE PRESIDENT OF MCA FINANCIAL SENTENCED IN DETROIT: April 19, 2006

DETROIT INDICTMENT TARGETS ALLEGED MORTGAGE FRAUD RING: December 5, 2005

FORMER MCA FINANCIAL EXEC ENTERS GUILTY PLEA IN DETROIT: August 2005

FORMER MCA FINANCIAL CEO QUINLAN SENTENCED TO TEN YEARS, $256 MILLION OF RESTITUTION: August 17, 2005

FORMER MICHIGAN MORTGAGE COMPANY EMPLOYEE SENTENCED IN LOAN FRAUD SCHEME: May 9, 2005

MICHIGAN PRISON INMATES & ASSOCIATES CHARGED WITH FILING FALSE PROPERTY TAX CLAIMS: March 29, 2005

MICHIGAN MAN INVESTIGATED FOR USING STOLEN IDENTITY TO BUY $5 MILLION HOUSE: March 4, 2005

MICHIGAN MOBILE PARK OWNER PLEADS GUILTY IN REAL ESTATE FRAUD: December 28, 2004

REAL ESTATE INVESTOR SENTENCED IN MICHIGAN HUD SCANDAL: December 15, 2004

MICHIGAN SETTLES WITH FAIRBANKS CAPITAL: October 11, 2004

MCA FINANCIAL GUILTY PLEAS REVEAL ELABORATE REAL ESTATE FRAUD: Feature June 2004

MCA FINANCIAL'S SECTION 203(k)DEALS REVEALED: Feature June 2004

LENDERS SUE MORTGAGE BROKERS, APPRAISERS, TITLE AGENTS FOR RACKETEERING: February 11, 2005

MINNESOTA

OPERATORS OF FIRST RATE MORTGAGE GROUP FRAUD SENTENCED IN MINNESOTA: August 24, 2008

TJ WACONIA PRINCIPALS PLEAD GUILTY IN MINNESOTA: August 24, 2008

MISSISSIPPI

MISSISSIPPI REAL ESTATE DEVELOPER PLEADS GUILTY IN BANK FRAUD CASE: August 24, 2008

THREE MISSISSIPPI MORTGAGE FRAUD CASES TARGET MORTGAGE BROKERS: August 24, 2008

ELEVEN CHARGED IN MISSISSIPPI MORTGAGE FRAUD AND FLIPPING SCHEME: July 31, 2006

TEN INDICTED IN ALLEGED HATTIESBURG, MISSISSIPPI MORTGAGE FRAUD AND FLIPPING RING: May 29, 2006

FOUR CHARGED IN TWO SEPARATE MISSISSIPPI MORTGAGE FRAUD CASES: September 7, 2005

THREE CONVICTED IN MISSISSIPPI REAL ESTATE FRAUD: March 24, 2005

MISSOURI

ST LOUIS MORTGAGE BROKER PLEADS GUILTY TO MULTIPLE FRAUDULENT LOANS IN SOUTH ST LOUIS: August 24, 2008

FORMER KANSAS CITY COUNCIL MEMBER SENTENCED FOR ACTING AS STRAW BORROWER IN MORTGAGE SCHEME: August 24, 2008

SETTLEMENT AGENT FOR REAL ESTATE FRAUDSTER BRENT BARBER PLEADS GUILTY IN KANSAS CITY: October 10, 2006

KANSAS CITY REAL ESTATE REHAB DEALER PLEADS GUILTY IN $17.5 MILLION MORTGAGE FRAUD: September 12, 2006

KANSAS CITY HOMEBUILDER MILLER INDICTED FOR ALLEGED $25 MILLION FRAUD: July 19, 2006

MISSOURI RESIDENT SENTENCED FOR USING STOLEN IDENTITIES IN ST LOUIS MORTGAGE FRAUDS: June 22, 2006

KANSAS CITY REAL ESTATE FIGURE BRENT BARBER CONVICTED BY FEDERAL JURY: January 13, 2006

TWO DEFENDANTS IN MISSOURI MORTGAGE FRAUD CASE SENTENCED: November 18, 2005

MISSOURI DEVELOPER SENTENCED FOR DEFRAUDING HOMEBUYERS: September 9, 2005

MISSOURI WOMAN IN REAL ESTATE FLIPPING RING SENTENCED FOR TAX EVASION: September 8, 2005

GUILTY PLEAS IN $6 MILLION KANSAS CITY AREA MORTGAGE FRAUD: July 7, 2005

FOUR PLEAD GUILTY IN KANSAS CITY MORTGAGE FRAUD CASE: June 4, 2005

MISSOURI REAL ESTATE AGENT SENTENCED IN FLIPPING SCHEME: May 27, 2005

MISSOURI APPRAISER PLEADS GUILTY TO ROLE IN MORTGAGE FRAUD CONSPIRACY: March 10, 2005

CONTROVERSIAL REAL ESTATE FIGURE INDICTED IN KANSAS CITY: October 10, 2004

MONTANA

REAL ESTATE FRAUDSTER SENTENCED IN MONTANA: November 19, 2004

NEVADA

LAS VEGAS REAL ESTATE AGENT AND HUSBAND ACCUSED OF USING SHAM ENTITIES IN HUNDREDS OF FLIPS: August 24, 2008

NEVADA MAN CONVICTED OVER ADVANCE FEE MORTGAGE SCHEME: December 28, 2005

LAS VEGAS "GET RICH QUICK" PROMOTER DONALD MIKRUT SENTENCED: November 18, 2005

TWO LAS VEGAS RESIDENTS INDICTED OVER FHA LOAN FRAUD SCHEME: November 9, 2005

NEW HAMPSHIRE

NEW HAMPSHIRE REAL ESTATE DEVELOPER SENTENCED ON FRAUD CHARGE: October 27, 2004

NEW JERSEY

OPERATORS OF NEW JERSEY MORTGAGE BROKERAGE AMERICAN MACRO GROWTH CHARGED IN 35-COUNT FEDERAL INDICTMENT: August 24, 2008

CONVICTED BANK FRAUDSTER AT THE CENTER OF MORTGAGE LOAN DIVERSION SCHEME: August 15, 2008

MORTGAGE FRAUDSTER BARRY FAUNTLEROY SENTENCED IN NEW JERSEY: May 19, 2006

GUILTY PLEAS ANNOUNCED IN CASE AGAINST NEW JERSEY MORTGAGE FRAUD RING: May 18, 2006

NEW JERSEY TITLE COMPANY OWNER SENTENCED IN MORTGAGE FRAUD: February 14, 2006

NEW JERSEY MORTGAGE FRAUD SUSPECT BARRY FAUNTLEROY PLEADS GUILTY TO CONSPIRACY: October 20, 2005

NEW JERSEY REAL ESTATE ATTORNEY PLEADS GUILTY TO CONSPIRACY IN FLIPPING SCHEME: September 20, 2005

ELEVEN CHARGED IN $30 MILLION NEW JERSEY REAL ESTATE FLIPPING CASE: August 10, 2005

CONVICTED NEW JERSEY REAL ESTATE COMPANY OWNER ABREU GETS MAXIMUM SENTENCE FOR BANK FRAUD: July 14, 2005

NEW JERSEY REAL ESTATE DEVELOPER DWYER SENTENCED TO NINE YEARS PRISON: June 27, 2005

MORTGAGE FRAUD SUSPECT BARRY FAUNTLEROY INDICTED BY FEDS AND STATE IN NEW JERSEY: June 25, 2005

NEW JERSEY DRUG DEALER WHO LAUNDERED MONEY IN REAL ESTATE SCHEME SENTENCED TO 30 YEARS PRISON: June 24, 2005

KEY FIGURES IN NEW JERSEY PROPERTY FLIPPING SCHEME PLEAD GUILTY: May 19, 2005

FEDERAL JURY CONVICTS NEW JERSEY DRUG DEALER WHO LAUNDERED MONEY FLIPPING REAL ESTATE: January 26, 2005

NEW JERSEY REAL ESTATE DEVELOPER CONVICTED IN $36 MILLION FRAUD CASE: December 9, 2004

CONTROVERSIAL NEW JERSEY BUSINESSMAN AND ASSOCIATES CONVICTED ON FRAUD CHARGES: August 18, 2004

NEW YORK

TWO UPSTATE NEW YORK DEFENDANTS SENTENCED IN FSBO MORTGAGE FRAUD SCHEME: August 24, 2008

NEW YORK MORTGAGE BROKER AND ASSOCIATE PLEAD GUILTY IN $20 MILLION FORECLOSURE RESCUE AND SUBPRIME LOAN SCHEME: August 15, 2008

ALLEGED MEMBERS OF LONG ISLAND REAL ESTATE FLIPPING RING INDICTED BY NEW YORK GRAND JURY: September 14, 2006

BUFFALO AREA COUPLE PLEAD GUILTY IN ADVANCE FEE MORTGAGE SCHEME: August 9, 2006

NOTORIOUS BUFFALO REAL ESTATE SCHEMER PALANO PLEADS GUILTY IN STATE CRIMINAL CASE: June 21, 2006

SUSPECTS IN NEW YORK MORTGAGE FRAUD RING FACE 83 CRIMINAL COUNTS: June 21, 2006

STATEN ISLAND MAN ACCUSED OF USING FALSE DOCUMENTS TO OBTAIN MULTIPLE MORTGAGES ON THE SAME PROPERTY: May 26, 2006

REPORTS SAY NO ARRESTS YET FOR MURDER OF NEW YORK DEVELOPER ANDREW KISSEL: May 22, 2006

FORMER LONG ISLAND REAL ESTATE FUGITIVE HILANY PLEADS GUILTY: August 10, 2005

HUSBAND WHO HIRED IMPERSONATOR TO STEAL WIFE'S IDENTITY FOR $900,000 MORTGAGE CHARGED IN NEW YORK: July 18, 2005

FUGITIVE REAL ESTATE FLIPPERS ARRESTED IN TENNESSEE: June 14, 2005

GUILTY PLEA IN ROCHESTER, NEW YORK MORTGAGE SCHEME: January 26, 2005

MANHATTAN REAL ESTATE ATTORNEY CHARGED WITH FRAUD: December 2, 2004

FOUR ARRESTS IN LONG ISLAND FLIPPING SCHEME: September 8, 2004

MORTGAGE BROKERS INDICTED IN NEW YORK REAL ESTATE REHAB FRAUD: July 23, 2004

NEW YORK REHABS WERE USED AS FRONTS IN REHAB SCHEMES: Feature July 2004

MORTGAGE FRAUD SUSPECT REPORTED CAPTURED IN GERMANY: February 12, 2005

NORTH CAROLINA

TWO NORTH CAROLINA RESIDENTS PLEAD GUILTY TO DEFRAUDING INTERNET MORTGAGE COMPANY: August 24, 2008

NORTH CAROLINA REAL ESTATE DEALER DAVIS CONVICTED IN FRAUD CASE: August 23, 2006

NORTH CAROLINA COUPLE CONVICTED OF SELLING FAKE MORTGAGE LOANS TO "GINNIE MAE" POOLS: August 16, 2006

NORTH CAROLINA BUSINESSMAN PLEADS GUILTY IN MULTI-MILLION-DOLLAR SCHEME TO DEFRAUD HUD: May 22, 2006

TEN LAWSUITS ALLEGE REAL ESTATE FORECLOSURE BID RIGGING IN NORTH CAROLINA: July 25, 2005

SALESMAN CHARGED IN NORTH CAROLINA MORTGAGE FRAUD: May 3, 2005

NORTH CAROLINA SEEKS COURT INJUNCTION AGAINST DOREAN GROUP: March 29, 2005

INTERNATIONAL HERITAGE EXEC VAN ETTEN ACCUSED OF MORTGAGE FRAUD: October 28, 2004

GUILTY PLEAS REPORTED IN NORTH CAROLINA REAL ESTATE FRAUD: September 24, 2004

OHIO

SIX DEFENDANTS CHARGED IN ALLEGED $15 MILLION DAYTON, OHIO MORTGAGE FRAUD RING: August 30, 2008

KEY FIGURES IN COLUMBUS, OHIO MORTGAGE FRAUD PLEAD GUILTY: August 27, 2008

FOUR DEFENDANTS PLEAD GUILTY IN OHIO EVERGREEN HOMES CASE: August 15, 2008

THREE MEMBERS OF COLUMBUS, OHIO FAMILY CHARGED IN REAL ESTATE FLIPPING CASE: September 5, 2006

OHIO RESIDENT INDICTED OVER PHONY REAL ESTATE REHAB SCHEME: August 22, 2006

KEY MEMBER OF OHIO REAL ESTATE FLIPPING RING PLEADS GUILTY TO CONSPIRACY CHARGE: August 16, 2006

FORMER MORTGAGE COMPANY PRESIDENT PLEADS GUILTY IN OHIO MORTGAGE FRAUD: August 2, 2006

CLEVELAND MORTGAGE FRAUD RING FIGURE GOTLIEB PLEADS GUILTY: April 28, 2006

MORTGAGE FRAUD RING SUSPECTS CHARGED WITH RACKETEERING IN OHIO: November 22, 2005

CINCINNATI MORTGAGE BROKER PLEADS GUILTY IN FLIPPING SCHEME: September 2, 2005

OHIO MAN SENTENCED FOR ROLE IN MORTGAGE FRAUD SCHEME: August 4, 2005

MORTGAGE BROKER PLEADS GUILTY IN CINCINNATI FLIPPING SCHEME: May 2, 2005

REPORTS SAY LOAN OFFICER, TWO REAL ESTATE INVESTORS PLEAD GUILTY IN CINCINNATI MORTGAGE FRAUD: March 9, 2005

TWO REAL ESTATE INVESTORS PLEAD GUILTY IN CINCINNATI FLIPPING CASE: February 3, 2005

LENDER FILES RACKETEERING LAWSUIT AGAINST OHIO APPRAISERS AND MORTGAGE BROKERS: December 22, 2004

S&L ERA ECHOES IN ERPENBECK SCANDAL: August 2004 FEATURE

TWO INVESTORS PLEAD GUILTY IN CINCINNATI FLIPPING SCHEME: June 27, 2004

OKLAHOMA

OKLAHOMA MAN CONVICTED IN MORTGAGE REBATE COUPON SCHEME: August 30, 2008

OREGON

TWO CHARGED IN $5 MILLION OREGON MORTGAGE FRAUD SCHEME: September 11, 2006

OREGON WARNS ON MORTGAGE ELIMINATION SCHEME: February 25, 2005

PENNSYLVANIA

WESTERN PENNSYLVANIA MORTGAGE FRAUD TASK FORCE ANNOUNCES THREE CASES IN 2008: August 30, 2008

PENNSYLVANIA MORTGAGE BROKER SENTENCED FOR SCHEME INVOLVING OVER 70 PROPERTIES: August 30, 2008

FAILED PHILADELPHIA FLIPING SCHEME LEADS TO FORECLOSURES AND FRAUD CHARGES: December 12, 2006

ALLEGED THIRD MEMBER OF ALLENTOWN, PENNSYLVANIA MORTGAGE FRAUD RING INDICTED: August 17, 2006

MORTGAGE BROKER AND REAL ESTATE AGENT SENTENCED IN ALLENTOWN MORTGAGE FRAUD: August 17, 2005

REPORTS SAY FIVE CHARGED IN PITTSBURGH FLIPPING AND MORTGAGE FRAUD RING: July 29, 2005

REPORTS SAY PENNSYLVANIA JUDGE REJECTS BID TO REINSTATE CHARGES AGAINST POCONOS REAL ESTATE DEFENDANTS: July 22, 2005

PENNSYLVANIA INDICTS SIX OVER POCONOS REAL ESTATE DEALS: January 28, 2005

PHILADELPHIA FINANCE COMPANY CHARGED OVER MORTGAGE FRAUD: January 27, 2005

PENNSYLVANIA FILES THIRD POCONOS REAL ESTATE LAWSUIT: September 14, 2004

STATE REPORT CONFIRMS REAL ESTATE NIGHTMARE IN THE POCONO MOUNTAINS: August 13, 2004

PENNSYLVANIA BUILDER INDICTED IN FHA FRAUD CASE: August 6, 2004

SOUTH CAROLINA

SOUTH CAROLINA CASE ALLEGES MORTGAGE FRAUD SCHEME FEATURING BOGUS REPAIR INVOICES: September 14, 2005

LENDER LAWSUIT ALLEGES SELF-DEALING AND FLIPPING BY SOUTH CAROLINA MORTGAGE BROKERS, ATTORNEYS, AND APPRAISERS: August 30, 2005

TENNESSEE

NASHVILLE MORTGAGE FRAUD FUGITIVE EXTRADITED FROM BRAZIL: October 21, 2005

MEMPHIS MORTGAGE LOAN ORIGINATOR CHARGED IN FRAUD CASE: April 28, 2005

TEXAS

STATES TARGET AMERICAN HOUSING AUTHORITY AND FORECLOSURE ASSISTANCE SOLUTIONS OVER FORECLOSURE RESUCE PRACTICES: August 15, 2008

TEXAS ASKS COURT TO FIND "COLONIA" DEVELOPER IN CONTEMPT OVER SUBDIVISION INFRASTRUCTURE: November 20, 2006

TEXAS TARGETS GALINDO STREET HOUSE FLIPPERS IN AUSTIN FRAUD CASE: August 24, 2006

PETER KOLO ASSOCIATE ENEANYA SENTENCED IN TEXAS MORTGAGE FRAUD CASE: August 17, 2006

TWO CHARGED IN ALLEGED $10 MILLION HOUSTON MORTGAGE FRAUD: May 23, 2006

PETER KOLO ASSOCIATE CONVICTED IN TEXAS MORTGAGE FRAUD CASE: January 26, 2006

THREE MEMBERS OF DALLAS MORTGAGE FRAUD RING CONVICTED IN FEDERAL CASE: December 13, 2005

HOUSTON MAN CHARGED IN REAL ESTATE FLIPPING SCHEME: October 19, 2005

FUGITIVE MORTGAGE FRAUD SUSPECT AND ASSOCIATES INDICTED IN HOUSTON: July 27, 2005

TEXAS GETS JUDGMENT AGAINST CITY MORTGAGE SERVICES: February 9, 2005

MAN WHO STOLE IDENTITY OF TEXAS MORTGAGE COMPANY PLEADS GUILTY: January 28, 2005

TEXAS SUES CITY MORTGAGE SERVICES OVER BIWEEKLY MORTGAGE SCHEME: December 15, 2004

TWENTY INDICTED IN AUSTIN, TEXAS $15 MILLION FLIPPING CASE: November 11, 2004

BOGUS MORTGAGE COMPANY OPERATOR INDICTED IN TEXAS: September 5, 2004

VERMONT

TITLE COMPANY OWNER PLEADS GUILTY IN VERMONT MORTGAGE FRAUD CASE: August 24, 2008

VIRGINIA

VIRGINIA MAN WHO POSED AS CONTRACTOR PLEADS GUILTY TO FRAUD AGAINST HOMEONWERS: November 11, 2005

WASHINGTON

SEATTLE MORTGAGE BROKER AND ATTORNEY PLEAD GUILTY FOR HELPING DRUG TRAFFICKERS LAUNDER MONEY IN REAL ESTATE: January 11, 2007

REAL ESTATE FRAUD- OTHER

2007 FTC STUDY FOUND MORTGAGE DISCLOSURES INADEQUATE: August 15, 2008

OPERATION MALICIOUS MORTGAGE CONTINUES FED ACTIONS ON MORTGAGE FRAUD: August 15, 2008

NEW OHIO LAW TARGETS PREDATORY MORTGAGE LENDING: March 12, 2007

TEXAS TARGETS ALLEGED SCAM AGAINST HOMEOWNERS THAT PLAYED ON FEARS OF EMINENT DOMAIN: February 26, 2007

ERPENBECK SENTENCE REDUCED, BUT EMOTIONS STILL RUN HIGH: February 2, 2007

HUD TO REVIEW INVESTMENT ACTIVITIES OF FANNIE AND FREDDIE: January 16, 2007

PROCEDURE ANNOUNCED FOR CORRECTING REAL ESTATE TITLE DEFECTS RELATED TO DOREAN GROUP SCHEME: December 29, 2006

AMERIQUEST TO PAY $325 MILLION IN MULTI-STATE SETTLEMENT OVER ALLEGED PREDATORY LENDING: March 20, 2006

FEDERAL INDICTMENT TARGETS PROMOTERS OF DOREAN MORTGAGE ELIMINATION SCHEME: December 16, 2005

KB HOMES TO PAY $2 MILLION CIVIL PENALTY FOR VIOLATION OF 1979 FTC ORDER OVER HOME WARRANTIES: August 19, 2005

CAPITAL CITY MORTGAGE TO PAY $750,000 TO CUSTOMERS IN SETTLEMENT OF FTC CASE: March 22, 2005

NATIONSCAPITAL MORTGAGE ORDERED TO PAY OVER $712,000 RESTITUTION: March 16, 2005

INJUNCTION BARS PROMOTION OF PROGRAM TRAINING PEOPLE TO TRADE PRIVATE MORTGAGES: February 3, 2005

BRITISH REAL ESTATE BROKER CONVICTED OF MONEY LAUNDERING: December 13, 2004

REPORTS SAY "FANNIE MAE" ORDERED TO FORFEIT $6.5 MILLION: December 12, 2004

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