June 19, 2013
Lacie Devine was indicted on June 13, 2013 by a federal grand jury and charged with conspiracy to commit mail fraud in connection with a mortgage fraud scheme. If convicted, Devine faces up to 20 years in federal prison and possible restitution of $3.7 ...
June 18, 2013
A New Hampshire man accused of an elaborate mortgage fraud scheme that prosecutors say bilked distressed homeowners and banks out of about $13 million was set to enter a guilty plea yesterday, but changed his mind. Michael Prieto, who worked in ...
MINNEAPOLIS—Earlier today in federal court, an Edina mortgage broker was sentenced for his role in a $20 million mortgage fraud scheme that involved 57 properties. United States District Court Judge Joan N. Ericksen sentenced Derrick Ivan Lance, age ...
Edina broker sentenced to prison in $20 million fraud scheme - Minneapolis / St. Paul Business JournalA Connecticut man has been sentenced to 30 months in prison for his role in a Fairfield County mortgage fraud scheme. Real estate attorney and broker Joseph Kriz, 50, of Wilton was sentenced on Friday, May 31 by U.S. District Judge Janet C. Hall in New ...
June 17, 2013
The number of mortgage fraud cases prosecuted in the U.S. increased about 16% in the first quarter, compared to the fourth quarter of 2012, according to Mortgage Daily's quarterly Mortgage Fraud Index. About 125 mortgage fraud cases were prosecuted on ...
CONCORD – Six years later, former Nashua resident Michael Prieto will get his day in court. Prieto, accused of leading a mortgage fraud scheme that defrauded dozens of people and banks, will head to trial in U.S. District Court in Concord on June 24, ...
DALLAS, June 17, 2013 /PRNewswire/ -- Federal, state and local prosecutors picked up the quarterly pace of activity in mortgage fraud cases -- though actions were still low based on standards established since the financial crisis. At 880, the Mortgage ...
June 16, 2013
Mortgage broker pleads guilty to playing part in fraud scheme. REPUBLICAN-AMERICAN WATERBURY -- A city woman indicted last year in connection to a mortgage fraud scheme pleaded guilty on Friday to a federal wire fraud charge. Charmaine Davis, 54 ...
A detective accused of obtaining a mortgage by deception has had the case against him dismissed. Det Sgt Narinder Sahota, 50, of Thames Valley Police, was charged alongside his wife Rajinder, 51, in January 2012. The case against them was thrown out ...
June 15, 2013
Mortgage broker pleads guilty to playing part in fraud scheme. REPUBLICAN-AMERICAN WATERBURY -- A city woman indicted last year in connection to a mortgage fraud scheme pleaded guilty on Friday to a federal wire fraud charge. Charmaine Davis, 54 ...