Mortgage News

Seth Srader, 35, has been convicted of conspiring to commit mail fraud and wire fraud as part of a scheme to defraud residential mortgage lenders. Srader pleaded guilty on Thursday, December 11, 2008, before United States District Judge Keith Ellison.

Srader was charged in a criminal information related to a six-defendant indictment charging a mortgage fraud scheme which involved the recruitment of individuals to purchase residential properties at or near 100% …

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Original post by default@goarticles.com (Doug Mitchell)

Craig Curtis, 36, was convicted by a jury of mortgage fraud and engaging in identity theft in connection with the mortgage fraud scheme.

After a five-day trial and less than three hours of deliberation, a federal jury reached its verdicts finding Curtis guilty on all counts submitted including one count of conspiracy to commit wire fraud, three substantive counts of wire fraud and two counts of aggravated identity theft. As previously
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Original post by default@goarticles.com (Hanri Parker)

Tiffany Blake Brooks and Dirk Dewayne Minnifield, both of Houston, Texas, Grant William Gondrezick, Benton Harbor, Michigan, and Marc Jason Williams, Fort Campbell, Kentucky have been indicted on charges of conspiracy and wire fraud in connection with their alleged operation of a mortgage fraud scheme in Montgomery and Harris counties, Texas has been unsealed.

The indictment was unsealed after the arrest of Gondrezick, 45, Williams, 35, …

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Original post by default@goarticles.com (wade)

Keith Steven Raybon was charged in a 14-count indictment for his alleged involvement in a fraudulent loan scheme designed to secure “refinance” loans for unqualified buyers of mobile homes and lots sold by the Emerson Manufactured Homes.  Raybon, along with codefendants Particia Lennon, Hollys Heasley, Jeannie Nelson, and Heather Adams, filed a Motion to Dismiss Counts 2 through 12 of the Indictment based on the statute of limitations. As previously
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Original post by default@goarticles.com (wade)

Charles Joseph-DeShawn Wilson has been convicted of conspiring to commit mail fraud and wire fraud as part of a scheme to defraud residential mortgage lenders and engaging in a financial transaction in criminally derived property. Wilson was convicted after pleading guilty to conspiracy to commit wire and mail fraud as well as money laundering at a hearing before U.S. District Judge Keith P. Ellison.

As previously reported on Mortgage Fraud …

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Original post by default@goarticles.com (Arek Zbikowski)

Rosario Divins, 54, San Antonio, Texas, a self-represented foreclosure prevention specialist, has been indicted.  The indictment alleges that since January 2000, Divins engaged in a fraudulent foreclosure prevention scheme allegedly unjustly enriched herself by collecting large sums of cash or property titles from individuals in desperate financial situations who responded to her mailout offering to stop their residential foreclosures. Despite three separate sanctions from the United States Bankruptcy Court for the Western …

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Original post by default@goarticles.com (Jimmy Chan)

Kandace Marriott, 52, and Darrell Lynn Marriott, 55, both of Gun Barrel City, Texas and Karen Hayes, 57, Mabank, Texas are all charged with engaging in organized criminal activity. They are indicted for the two underlying offenses of filing false statements to obtain property or credit, and securing the execution of a document by deception. The indictments reveal that the 3 defendants committed at least 88 separate offenses in Kaufman County of …

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Original post by default@goarticles.com (Tom Conrad)

Jarvis Fontenette, 37, an account executive for various lenders, has pleaded guilty to conspiring to commit mail fraud and wire fraud as part of a scheme to defraud Houston, Texas area residential mortgage lenders.

At the hearing before U. S. District Judge Kenneth M. Hoyt, Fontenette pled guilty to the conspiracy charge, admitting that he and co-conspirators devised and operated a mortgage fraud scheme which involved the recruitment of individuals/borrowers to purchase …

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Original post by default@goarticles.com (Julian Lim)

Donald L. Jones, a/k/a “Don Jones,” 61, Grapevine, Texas was sentenced before U. S. District Judge Sam A. Lindsay to 51 months in federal prison. Jones was also ordered to pay $2,710,834.64 in restitution. Jones pled guilty in July to conspiracy to commit wire fraud. Co-defendant Robert Patterson, Jr., a/k/a Bob Patterson, 55, Dallas, Texas was also sentenced to 46 months in federal prison and ordered to pay $517,954.46 in …

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Original post by default@goarticles.com (Gressly Stevens)

Clarence Lewis III, 45, Houston, Texas, a broker operating Motown Mortgage Group, has been indicted and charged with conspiracy, wire fraud and money laundering arising from an alleged scheme to defraud residential mortgage lenders.

The seven-count indictment was returned under seal by a Houston federal grand jury on Monday, October 27, 2008. The indictment was unsealed following Lewis‘ arrest by investigating agents at his Houston area residence. Lewis is expected …

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Original post by Mortgage Fraud Blog