FLORIDA MAN SENTENCED TO MORE THAN 11 YEARS IN FEDERAL PRISON FOR MORTGAGE RELIEF SCAM WASHINGTON, DC – Christy Romero, Special Inspector General for the Troubled Asset relief program (sigtarp), and Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, today announced that Jonathan L. Herbert, age 36, of Lighthouse.
Former mortgage brokers sentenced to prison in fraud scheme. earlier friday, Hunt sentenced Grimm’s ex-wife, former real estate broker Eve Mazzarella, to 14 years in prison but gave her until June 29 to surrender. Schoolteacher Joe Merica, 61, watched in the hallway as Grimm was taken into custody and remarked,
A New Jersey mortgage loan originator has been sentenced to hard time because of his role in a scheme involving $6 million in fraudulent residential loans. Fraud Risk Up on Refis, Down on Purchases Although the risk of fraud decreased last month on loans to finance a home purchase, an increase was recorded for refinances.
Owner Of Florida Mortgage Company Sentenced To Over 11 Years In Prison For Orchestrating $64 Million Fraud Scheme Two Associates Also Sentenced for their Roles in the Conspiracy The owner of a Florida mortgage company was sentenced today to serve 135 months in prison for orchestrating a $64 million mortgage fraud scheme.
LOS ANGELES-A West Los Angeles mortgage banker has been sentenced to 18 months in federal prison for his role in a massive mortgage fraud scam that caused more than $18.5 million in losses to banks, including his former employer. Richard A. Maize, 53, of Beverly Hills, was sentenced late yesterday.
Brandee Tumpkin, 29, added fictitious fees on short sales. – A Jacksonville woman was sentenced to two years in prison and must pay $49,000 for her involvement in a mortgage fraud scheme. brandee tumpkin, 29, was also sentenced to three years probation after she’s released from prison. Tumpkin was arrested in June 2014 and pleaded guilty.
Hector Hernandez, 57, Miami, Florida, the owner and operator of Great Country Mortgage Bankers (Great Country), a mortgage lender in Miami, Florida, was sentenced to serve 135 months in prison for conspiracy to commit wire fraud affecting a financial institution for orchestrating a $64 million mortgage fraud scheme. He was also ordered to pay $64,508,141 in restitution and to forfeit $8,000,000 in illicit profits.