America’s labor unions have amassed quite a federal rap sheet in 2012. According to the Justice Department, union officials nationwide have been arrested for or convicted of embezzlement, extortion, bribery, racketeering, money laundering, fraud, and witness tampering so far this year.
RE Investor Forfeits $6.5 Million and Mercedes : Berry Louidort is one of five charged in a mortgage fraud scam involving 37 properties in Palm Beach County and seven in Naples. He is the only one so far that has pleaded guilty.
A loan officer for Great country mortgage bankers pleaded guilty Monday in federal court to one count of conspiracy to commit wire fraud in a mortgage fraud scheme, the U.S. Attorney’s office.
But the party stalled in September 2012 after a federal grand jury indicted Llamas as part of an alleged $10 million mortgage fraud. llamas pleaded not guilty but resigned from. share purchases.
A loan officer for a Florida mortgage company pleaded guilty late yesterday in the Southern District of Florida to one count of conspiracy to commit wire fraud for his role in a mortgage fraud scheme, Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division, U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida and Department of Housing and Urban.
Adams St., and also purchased property in Florida. In a civil lawsuit, real estate developer Alfred Koplin alleges that Thomas failed to repay a $2.2 million loan. on fraud and money-laundering.
In California, an escrow officer. has been found guilty by a jury of 10 counts of conspiracy, bank fraud and mail fraud stemming from a multi-million-dollar mortgage fraud scheme involving 45.
A loan for $170,000 that is currently part of the receivership of scandal-plagued businessman Nik Patel helped Orange County Appraiser Rick Singh pay off a mortgage. $150 million in fake USDA loans.
JPMorgan Chase Loan Officer Ross D. Pickard Pleads Guilty To Conspiracy To Commit Loan Fraud. You can read Pickard’s Plea deal here. Stephen Muldrow made the announcement. Muldrow is the acting United States Attorney for the Middle District of Florida. Muldrow also told the media: By relying on Pickard’s false and fraudulent statements on the loan applications, JP Morgan Chase funded mortgage loans for otherwise unqualified borrowers.