John Suthers, Attorney General for Colorado in a press release announced the indictments of Alternative Lending of Colorado, John W. Dale III, the company’s General Partner and April A. Bigler, the company’s Senior Loan Originator. The indictment was filed in Fremont County District Court and states...

The New Jersey Attorney General, Anne Milgram in a press release announced the indictment of Joann Smith, 44 and Wayne Betha, 39 and the real estate company, S&B Property Management and Maintenance LLC. Smith and Betha are both from Ewing, New Jersey and have been charged with mortgage fraud involving...

United States Attorney Lawrence G. Brown, Drug Enforcement Agency Assistant Special Agent in Charge, Gordon Taylor and Internal Revenue Service Criminal Investigation Special Agent in Charge, Scott O’Briant in a press conference made the announcement about the indictments set forth by a Sacramento...

The Office of Thrift Supervision in a press release announced the seizer of Partners Bank in Florida on October 23, 2009. The Naples bank according to the press release was critically undercapitalized. The release states that is was in an unsafe and unsound condition in order to be conducting business. The...

United States District Judge Robert G. Doumar sentenced Richard N. Garries, 45 to twenty years in federal prison for charges stemming from mortgage fraud. Mr. Garries was also order to pay restitution in the amount of nine hundred thousand dollars. He was charged with all twenty-four counts against him....

Kara McIntosh from Bethesda, Maryland was sentenced for mail fraud for her part in a mortgage scheme that involved several properties in the District of Columbia and Maryland. Ms. McIntosh’s plea agreement states that all with her conspirators in 2006 they purchased properties in the District of...