Russell Todd McBride who was indicted on thirty four counts was sentenced today to eleven years in prison for his participation in a mortgage fraud scheme that involved residential properties in Sikeston, Missouri. United States Attorney Michael W. Reap revealed that Russell McBride and his co-conspirator...

Queens, New York Supreme Court Justice Kenneth C. Holder sentenced Rebecca Tharpe, age 32 to thirty days in jail, five years of probation, pay a restitution of two thousand five hundred dollars and ordered as a condition of Ms. Tharpe probation to speak at Mortgage Fraud Forums for a total of two years...

United States Attorney for the Eastern District of Virginia, Neil H. MacBride along with Assistant Director in Charge of the Federal Bureau of Investigation Washington Field Office, Joseph Persichini Jr. announced in a press release the sentencing of Godwin Asifo, of Woodbridge, Virginia by United States...

The United States Attorney General for the Central District of California announced in a press release that Benjamin Serrano formerly of Parker, Colorado had pleaded guilty to one count of conspiracy for his involvement in a scheme to defraud lenders and provide kickbacks to purchasers of luxury homes...

United States Attorney for the Northern District of Florida, Thomas Kirwin announced in a press release that Wille Keen, Jr. aka Billy Keen on November 9th of this year was sentenced to six and a half years in federal prison. Mr. Keen, who is sixty years of age and the former Dixie County Building and...

United States Attorney for the Central District of California, George Cardona announced on November 5th that Martin Quoc Pham was sentenced to eleven years in federal prison for conducting an identity theft scheme and a HELOC scheme. Martin Quoc Pham who is 28 and residents in Garden Grove, California...

Acting United States Attorney for the Northern District of Georgia announced in a press release on November 5th that Edward William Farley had pleaded guilty to mortgage fraud and bankruptcy fraud. Mr. Farley, 47 from Hoschton, Georgia pleaded guilty to scamming over one hundred and fifty victims in...

Goldman Sachs investors are filing class action suits against the Wall Street Firm alleging that Goldman Sachs and other Wall Street Firms made false and misleading representations of the bonds they sold that were back by subprime mortgage loans. Goldman Sachs sold off more than forty billion in mortgage...

Ed Johnson, 60 and G. Carol Johnson, 66, were found guilty by a federal grand jury on October 29th of fraud, making illegal monetary transactions and conspiracy. The charges stem from the couple operating a corporate loan business that over the course of three years never issued a loan but collected...