N.J. Man Sentenced to 8+ Years in Mortgage Fraud Scheme

N.J. Man Gets More Than 8 Years in Prison For 10-Year Mortgage Fraud Scheme

nationalmortgageprofessional nationalmortgageprof... | 2 years ago

Total, including securities fraud, estimated at $60 million for multifamily scheme.

Missouri Contractor Gets Eight Years in Prison for Fraud, Tax Scheme

Engineering News-Record Engineering News-Rec... | 1 year ago

A federal judge in Missouri sentenced Patrick Dingle, a former construction operations manager for Zieson Construction Co., to eight years in prison without parole for false tax returns and his role in a fraud scheme that won Zieson $335 million in government contracts for which it was not eligible. The judge also ordered Dingle to forfeit $5.4 million representing his share of the profit and restitution.He is due to begin serving his sentence on Nov. 7, likely at FCI Schuylkill in ...

Conviction in 10-year long mortgage fraud scheme

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

A 50-year-old Salem, Massachusetts man who orchestrated a 10-year mortgage fraud scheme involving fraudulent loan transactions totaling $6.5 million and more than $3.8 million in losses to lenders was convicted by a federal jury in Boston, the U.S. Attorney's Office announced.George Kritopoulos was convicted on Friday, May 27, of one count of conspiracy, two counts of wire fraud, six counts of bank fraud, one count of aiding the preparation of a false income tax return and one count of obstruct...

Mortgage fraud costs banks more than nonbanks

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Depository originators lose 68 cents per $1 more than their nondepository competitors.

Former Arizona real estate agent faces federal prison over fraud scheme

bizjournals bizjournals | 1 year ago

Prior to her sentencing in April, the former real estate agent was found guilty in a 2021 trial of defrauding a family friend out of an inheritance on the promise of teaching the victim how to invest in real estate properties, court documents show.

nationalmortgageprofessional nationalmortgageprof... | 1 year ago

Industry News 3 Fugitives Arrested In Massive Mortgage Fraud Scheme Keith Griffin Jul 25, 2022 Trio allegedly involved in mortgage, credit repair, and government loan fraud. Three fugitives on the run since January were taken into custody by federal law enforcement Friday in Houston. They stand accused of ...

Man jailed for £260,000 construction tax fraud

Construction news, jobs and co... Construction news, j... | 1 year ago

The three men and a woman, working in the construction industry in Northern Ireland, were charged after false claims for tax repayments were uncovered by HM Revenue and Customs (HMRC) investigators. The fraudulent claims of £260,000 were submitted to the HMRC Construction Industry Scheme (CIS) between January 2015 and September 2017. Edward Copeland, aged 51 with an address in Carryduff, was at the centre of the conspiracy and was arrested when HMRC officers searched his home in June 2017. On...

Aaron Donald gets more than he asked for Calabasas mansion

latimes latimes | 1 year ago

Rams star Aaron Donald just sold his Calabasas home for $6.258 million, finding a buyer just three days after he listed it.

Years behind bars: Prison sentences handed down for UDF executives

bizjournals bizjournals | 1 year ago

United Development Funding executives were sentenced during a hearing in Fort Worth on Friday after a federal jury found them guilty on all 10 counts each faced with convictions that included securities fraud and conspiracy to commit securities fraud, among others, earlier this year.