3 Californians Indicted for Defrauding Lender
Iftikhar Ahman, 36, Manpreet Singh, 24, and Jose Serrano, 44, all from Stockton, California, have been charged with mail fraud. Ahmad and Serrano have also been charged with money laundering. Ahmad and Singh were previously arrested on a criminal complaint filed in connection with this investigation on August 16, 2007, were released on bond, and were indicted on August 30, 2007. Serrano was arrested on a criminal complaint on October 16, 2007, and was ordered detained. The indictment remains under seal.
According to prosecutors, from July 2003 through October 2005 …
Read More...
Mortgage Fraud Charges Filed in Florida
Hugo Rodriguez, 52, Ronald Gordan Lichte, 65, Connie Marie Cullifer, 58, and John C. Kelly, 67 were charged in for their alleged participation in a multi-million dollar mortgage fraud conspiracy. Defendant Rodriguez resides in Miami, Florida; Lichte, Cullifer, and Kelly all reside in Tampa, Florida. Rodriguez is a Miami real estate investor, Lichte is a licensed mortgage broker from Tampa, and Cullifer was Lichte’s loan processor. The properties included in the scheme were located in Miami-Dade and Broward Counties, Florida.
According to the indictment, …
Read More...
Thursday, October 25, 2007
Connecticut Loan Officer Charged with Mortgage Fraud
Jose Guzman, New London, Connecticut, a loan officer with a now defunct property management and loan company, has been charged with knowingly devising and executing a scheme and artifice to defraud, and to obtain money and property by means of false and fraudulent pretenses, representations, and promises, between March 2005 through June 2007, in New London county, Connecticut.
Prosecutors have not made public the facts giving rise to the criminal complaint. Guzman is presently released from custody after posting a $500,000 bond.
mortgage fraud …
Read More...
Unlicensed Attorney/Loan Originator Indicted
Jeffrey Allen Herald, 49, Phoenix, Arizona, has been indicted on three counts related to providing unlicensed legal and mortgage loan services to victim clients. Herald was indicted on two counts of Fraudulent Schemes and Artifices, a class 2 felony, and one count of Theft, a class 2 felony. The indictment contains nine different aliases for the defendant.
It is alleged that between February 1, 2005 and October 1, 2007, Herald presented himself as either an attorney or a mortgage loan originator to as many as 21 different clients and perhaps more. The total dollar loss …
Read More...
Wednesday, October 24, 2007
Man Receives 14 Years for Real Esate Scam
Mickey Allen Weicksel, a former real estate investor who obtained about $4 million in kickbacks through a real estate scam centered in Lancaster, Pennsylvania, was sentenced to 14 years in prison, five years probation after his release, and ordered pay $750,324 in restitution.
On March 3, 2006, a jury convicted Weicksel of 14 counts of wire fraud, 3 counts of bank fraud, and 1 count of conspiracy to commit money laundering. Weicksel and his former partner, Barrylee Paul Beers, operating as Paul-Allen Enterprises or ”PAE,” carried out a scheme to obtain …
Read More...
mortgagefraudblog.com |
