28 charged with mortgage fraud in New Jersey – AP – msnbc.com
Twenty-eight people have been charged in New Jersey in a mortgage scheme authorities say tried to defraud lending institutions out of $5.5 million. U.S. Attorney Paul Fishman unveiled the charges Wednesday, saying a loan …
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NEWARK, N.J. – The U.S. Attorney’s Office in New Jersey says three people who offered distressed homeowners foreclosure rescue services have been arrested and charged with conspiracy to commit wire fraud. Authorities say … Go to Source…
A New Jersey mortgage broker and former head of the Bergen County Improvement Authority has been indicted by a federal grand jury on charges of preparing fraudulent mortgage applications. Forty-seven-year-old Upper … Go to Source…
Two Weston men and a Milford woman were indicted Wednesday on federal charges for allegedly orchestrating a fraudulent mortgage scheme. The indictment alleges the men conspired to commit wire fraud involving a home on … Go to Source…
The head of a failed mortgage firm who was accused of swindling investors out of millions of dollars in a Ponzi scheme has agreed to plead guilty to federal wire and mail fraud charges in exchange for a nearly 20-year prison sentence. Scott Farah, former … Go to Source…
A Downey man has been charged with running a Ponzi scheme and related mortgage scam that took in more than $20 million. Juan Rangel, who used Spanish-language TV, radio and newspaper ads to advertise his businesses, was already in custody — he was … Go to Source…
HOUSTON (AP) – A Houston-area man who used a child’s Social Security number to secure funds in an alleged $10 million mortgage fraud scheme has pleaded guilty. Prosecutors in Houston say 39-year-old Adrian Levale Cole … Go to Source…
Two Tucson men accused of running a mortgage-fraud investment scheme that led to $2.9 million in foreclosure losses by lenders and prospective buyers pleaded guilty Tuesday to four felony charges each. The plea agreement states the men will pay restitution … Go to Source…
PacWest Funding’s CEO watched in late 2007 as rival mortgage brokerages, banks and collaborators collapsed under the weight of the declining housing market. Fearing his company would be next, Curtis Melone restructured his business to offer what he felt … Go to Source…
The state Attorney General’s office sued Bank of America on Friday, accusing it of defrauding its mortgage customers. In a complaint filed in Maricopa County Superior Court, the state charges the bank, the largest servicer of home loans in Arizona, with … Go to Source…
SACRAMENTO, Calif. — A 28-year-old Sacramento man who led authorities on an international manhunt has been returned to California to face federal charges in an alleged mortgage fraud scheme. Garret Griffith Gililland III, a former bodybuilder with … Go to Source…
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