Financial Fraud: Peter Cash Doye And Raquel Reid Plead Guilty For Their Roles In a Massive Real Estate Fraud Scheme

Real Estate Fraud

JURY CONVICTS SAN DIEGO EXECUTIVE AND BROKER OF $50 MILLION REAL ESTATE FRAUD Defendants Used La Jolla and Del Mar Mansions to Defraud Lenders SAN DIEGO – Following a two-week trial, a jury returned guilty verdicts on all counts against finance executive Peter Cash Doye and notary public and real estate broker Raquel Reid for …

Read moreFinancial Fraud: Peter Cash Doye And Raquel Reid Plead Guilty For Their Roles In a Massive Real Estate Fraud Scheme

Financial Fraud: Ima Maria Isham Pleaded Guilty to Fraudulently Obtained Loan Proceeds From Several Federally Insured Banks

Financial Fraud

Resident of The Colony Admits Role in $10 Million Fraud DALLAS — Ima Maria Isham, 22, of The Colony, Texas appeared this morning before U.S. Magistrate Judge Rebecca Rutherford and pleaded guilty to one count of conspiracy to commit bank fraud, announced U.S. Attorney Erin Nealy Cox of the Northern District of Texas. Isham faces …

Read moreFinancial Fraud: Ima Maria Isham Pleaded Guilty to Fraudulently Obtained Loan Proceeds From Several Federally Insured Banks

Loan Fraud: Jason J. Keating Sentenced For Fraudulent Loan-Modification Scheme

Loan Fraud

Toledo-area men sentenced to nine and seven years in prison for stealing more than $1.1 million through fraudulent loan-modification scheme Two Toledo-area men were sentenced to prison for stealing more than $1.1 million from hundreds of people through a fraudulent loan-modification scheme, said Acting U.S. Attorney David A. Sierleja and Stephen D. Anthony, Special Agent …

Read moreLoan Fraud: Jason J. Keating Sentenced For Fraudulent Loan-Modification Scheme

Loan Fraud: Jeffrey Spanier – Owner of Amerifund Capital Finance, LLC – Convicted For Elaborate Stock-Loan Fraud Scheme

Loan Fraud, Financial Fraud

Owner of Stock Lending Firm Convicted by Jury in $100 Million Stock-Loan Fraud Scheme For Further Information, Contact: Assistant U.S. Attorney Joseph J.M. Orabona (619)546-7951or Assistant U.S. Attorney Michael G. Wheat (619) 546-8437 SAN DIEGO – Jeffrey Spanier, a 51-year-old former owner of Amerifund Capital Finance, LLC located in Boca Raton, Florida, was convicted by …

Read moreLoan Fraud: Jeffrey Spanier – Owner of Amerifund Capital Finance, LLC – Convicted For Elaborate Stock-Loan Fraud Scheme

Loan Fraud Scheme: TIMOTHY G. FISHER -President of First Farmers Financial LLC – Guilty Of Million Sham Loan Scheme

Loan Fraud, Financial Fraud

President of Florida-Based Financial Firm Guilty of Money Laundering in $179 Million Sham Loan Scheme CHICAGO — The president of a Florida-based financial firm has pleaded guilty to a money laundering charge in connection with the sale of $179 million in sham loans to a Milwaukee investment company. TIMOTHY G. FISHER was the president and …

Read moreLoan Fraud Scheme: TIMOTHY G. FISHER -President of First Farmers Financial LLC – Guilty Of Million Sham Loan Scheme

Paul Watterson Sentenced For Role In Multimillion-Dollar Mortgage Fraud

Mortgage Fraud

Property Manager Sentenced To 15 Months In Prison For Role In Multimillion-Dollar Mortgage Fraud CAMDEN, N.J. – A property manager was sentenced today to 15 months in prison for his role in a scheme to defraud financial institutions as part of a multimillion-dollar mortgage fraud that used phony documents and “straw buyers” to make illegal …

Read morePaul Watterson Sentenced For Role In Multimillion-Dollar Mortgage Fraud

Examples of Financial Fraud: FBI and Department Of Justice Investigations 2016

FBI and Department of Justice

These examples of financial fraud are exposed by the FBI and Department of Justice, those cases were executed in 2016 and are the most important. Leader of Multi-Million Dollar Bank ‘Bustout’ Scheme that used Counterfeit Checks Sentenced On May 19, 2016, in Los Angeles, California, Jae Ho Chung was sentenced to 63 months in prison …

Read moreExamples of Financial Fraud: FBI and Department Of Justice Investigations 2016

Loan Fraud: Courtland Gettel And Jeffrey Greenberg Steal More Than $30 Million

Loan Fraud

Coronado Businessman and Arizona Lawyer Steal More Than $30 Million SAN DIEGO – San Diego businessman Courtland Gettel and Arizona attorney Jeffrey Greenberg pleaded guilty this week to participating in a massive scheme in which they obtained tens of millions of dollars in fraudulently-obtained loan proceeds. The conspirators generated the money by taking out huge …

Read moreLoan Fraud: Courtland Gettel And Jeffrey Greenberg Steal More Than $30 Million

Loan Modification: Brian Kandefer Fraudster Sentenced

Loan Modification

Brian Kandefer, 37, San Diego, California, was sentenced to 121 months imprisonment and ordered to pay $1.4 million dollars in restitution after his guilty plea to wire fraud and money laundering. According to documents in the case, K2 Capital Management Inc. did business as US Mortgage Bailout and USMortgageBailout.com with physical offices located in La Jolla, …

Read moreLoan Modification: Brian Kandefer Fraudster Sentenced