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Search mortgage fraud news by keyword.
News, analysis and statistics about mortgage fraud.
Stories about individual mortgage crime cases.
Statics by year about real estate fraud.
Quarterly index based on case activity.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
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The latest case activity tracked by FraudBlogger.com for your Web site or for your RSS reader.
Archive of FraudBlogger.com entries going back to 2005. |
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Mortgage Fraud News
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Case Activity
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Husband, Wife Sentenced for $15 Mil in Mortgage Fraud
March 7 -- A Bucks County, Pa., man was sentenced to five years in federal prison Thursday for using a supposed mortgage-rescue program to drain nearly $15 million in home equity from homeowners facing foreclosure.
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Judge Backs Off Changing Mortgage Fraud Plea
March 5 -- A federal judge has abruptly canceled a hearing he had set for Thursday to hear arguments on whether to annul a guilty plea submitted by Jennifer Crisp, a key defendant in the Crisp & Cole mortgage fraud case.
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Guilty Plea Could be Voided in Mortgage Fraud Case
March 5 -- The Crisp & Cole mortgage fraud case took an odd turn Tuesday when a federal judge indicated he is considering whether to annul Jennifer Crisp's guilty plea to one count each of mail and wire fraud.
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Former RE Broker Pleads Guilty to Mortgage Fraud
March 5 -- A former San Luis Obispo, Calif., real estate broker pleaded guilty to orchestrating what federal prosecutors call a scheme to fraudulently flip properties across San Luis Obispo County.
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Real Housewives Stars Admit Mortgage Fraud
March 5 -- NEWARK, N.J. -- Teresa and Giuseppe "Joe" Giudice, who flaunted their lavish-spending over five seasons on "The Real Housewives of New Jersey," pleaded guilty Tuesday to conspiracy, mortgage and bankruptcy fraud charges that could send them both to prison.
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Risk of Mortgage Fraud Declines
Feb. 28 -- Lenders faced less risk of mortgage fraud during the final three months of 2013. But on multi-unit properties, borrowers were over three times more likely to lie about occupancy than on single-unit transactions.
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Mortgage Fraud Fugitive Assaults Federal Prosecutor
Feb. 25 -- A convicted mortgage-fraud fugitive who had been missing for eight months assaulted a federal prosecutor in an open courtroom in downtown Detroit this afternoon, just hours after getting nabbed in Saline.
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Jail for Fincl Planner in Frmr NFL Player's Criminal Case
Feb. 24 -- A former financial planner from Bucks County was sentenced Friday to 20 months in prison for his role in a mortgage scheme that defrauded a dozen banks of about $2 million over a three-year period ending in May 2010.
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Disbarred Attorney Admits Mortgage Fraud
Feb. 13 -- A disbarred Hauppauge, N.Y., attorney was arrested Wednesday for lying to FBI agents about his role in a mortgage scam that purported to help owners save their homes from foreclosure, officials said.
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8 Years for Appraiser in Mortgage Fraud Case
Feb. 13 -- A former appraiser who overstated housing values and glossed over problems such as a den of black snakes in one house's basement will spend eight years in prison for participating in more than $9 million worth of mortgage fraud, a federal judge ruled Wednesday.
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| Date |
Defendants |
State |
Amount of Loans |
Overview |
Source |
| Mar 6 |
Edward G. McCusker, Jacqueline McCusker, John Bariana, Jeffrey A. Bennett, Stephen G. Doherty |
PA |
$14,600,000 |
Edward sentenced to 5 years, Doherty sentenced to 1 year, Jacqueline sentenced to 1 year home confinement. |
Department of Justice |
| Mar 4 |
John Hagener, Dawn C. Powers, Lawrence Lee Loomis (aka Lawrence Leland Loomis) |
CA |
$10,000,000 in losses |
Pleaded guilty. |
Department of Justice |
| Mar 4 |
Teresa Giudice, Giuseppe "Joe" Giudice |
NJ |
Multiple properties |
Pleaded guilty. |
Department of Justice |
| Mar 3 |
Jennifer Crisp, David Crisp, Kevin Patrick Sluga, Leslie Sluga |
CA |
$30,000,000 |
Judge ruled he cannot void Jennifer Crisp's guilty plea and cancelled evidentiary hearing. |
MortgageDaily.com |
| Mar 3 |
Jennifer Crisp, David Crisp, Kevin Patrick Sluga, Leslie Sluga |
CA |
$30,000,000 |
Judge schedule evidentiary hearing to decide whether or not to accept Jennifer Crisp's guilty plea. |
MortgageDaily.com |
| Mar 3 |
Timothy William Barnes |
CA |
$500,000 |
Pleaded guilty. |
Department of Justice |
| Feb 27 |
Mariano Vincente Cano |
AZ |
$350,000 fine |
Sentenced to 14 months. |
InsideTucsonBusiness.com |
| Feb 27 |
James Lee Bishop, Clay McCormack |
TN |
Multiple properties. Community Bank and First South Bank victim lenders. |
Bishop pleaded guilty. |
Wbbjtv.com |
| Feb 26 |
Lacie Devine, Roslyn Long, Michael Ross, Curtis Callier, Ronzell Mitchell, Christi Wyatt |
TX |
$3,718,702 in losses |
Devine pleaded guilty. |
Department of Justice |
| Feb 25 |
Herschell Harvell, Jr., Tavus Wright |
GA |
Multiple properties |
Indicted. |
Department of Justice |
| Feb 24 |
Carlyle "Carl" Lee Cole, Caleb Lee Cole, Jennifer Anne Crisp, Michael Angelo Munoz, Jayson Peter Costa, David Marshall Crisp, Jeriel Salinas, Sneha Mohammadi, Robinson Nguyen, Julie Dianne Farmer |
CA |
$29,180,837 in restitution |
Carlyle sentenced to 17 years and 7 months, Caleb sentenced to 6 months. |
Department of Justice |
| Feb 24 |
Jerry Goh, Vathany Teng, Lina Ma |
TX |
$2,100,000 in restitution. Prosper Bank victim lender. |
Goh sentenced to 7 months. |
Department of Justice |
| Feb 24 |
Ronnie Duke |
MI |
$100,000,000 |
Assaulted prosecutor during arraignment on bond-skipping charge. |
MortgageDaily.com |
| Feb 21 |
Ging—Hwang "Felicia" Tsoa, Robert Mikail, Bing-Sing "Cindy" Wang |
VA |
$20,000,000 |
Tsoa sentenced to 30 months. |
Department of Justice |
| Feb 21 |
William Barksdale |
NJ |
$1,000,000 in losses |
Sentenced to 20 months. |
Department of Justice |
| Feb 19 |
Sidney Coton, Stephanie Musselwhite, Jim Sotolongo, Ramara Garrett, Christopher Mencis |
FL |
$50,000,000 |
Defense attorney claims Coton is facing a tougher judge. |
News-JournalOnline.com |
archived case entries back to 2005
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