Jodie Hoang, 34, of Houston, Texas an accounting clerk for Standard Mortgage Corporation which is located in New Orleans, Louisiana has been charged with one count bill of information with computer fraud. Jim Letten, United States Attorney for Eastern District of Louisiana announced Thursday August 13th. The...

Charles M. Davis, 34, of Rogersville, Missouri, pleaded guilty on August 11th for this participation in a $1.2 million dollar mortgage fraud scam. Davis according to the U.S Attorneys office was a Mortgage Broker who owned Master Marketing Consultants in the Springfield area. Davis for his part in the...

Judy Chubb, 31, was sentenced to eight years in prison for bad checks, over charging of customer’s credit accounts, credit fraud, embezzling, and identity theft.  Chubbs was sentenced on Wednesday August 12th by District Judge Sue L. Robinson who told Chubbs during her sentencing that “You are someone...

Jay Leonard, 43, of Alexandria, VA has been charged with petitioning investors for over ten million dollars for a resort and spa in Virginia. He and his co-conspirators claimed that they were developing the resort and spa to investors according the indictment filed in Federal Court in the State of Maryland...

Federal and State agents in Florida in July went forward with indictments on forty one people in a Mortgage Fraud case that can only be described as nightmare for the lenders involved. The indictments are the result of an investigation that begun in September 2007 by the Federal-State Mortgage Fraud...

Michael Cox, Michigan Attorney General announced in a press release that his office with assistance from Michigan State Police have charged Jeffrey Barry with Mortgage Fraud involving over a half million dollars in fraudulent mortgage loans.  Barry was arrested in Houston, TX where he currently resides...

Michael I. Striker, 55, Minnetonka, Minnesota pleaded guilty on August 9th for his participating in mortgage fraud against Associated Bank. Strikers’ co-conspirator was Eric R. Krahnke, 50; Andover, Minnesota who was indicted on as well is currently waiting sentencing. The men were both charged with...

Larry P. Nardelli was sentenced for four years in federal prison on charges of conspiracy to commit bank fraud, loan fraud and money laundering. The courts have also filed a judgment against him for $26.3 million dollars for his part in the commercial mortgage fraud scheme. Nardelli made fraudulent...

Joseph A. Babajian, 56, was acquitted of the thirteen counts against him and the jury was unable to reach a verdict on the eight other counts that stemmed from a mortgage fraud scheme that involved developers, real estate agents and appraisers. Babajian is well known in California due to his representation...