Stephen Petrovich a detective in the Cape Coral, Florida Property and Financial Crimes Unit and the son of Cape Coral Police Chief, Rob Petrovich was among four other individuals that pleaded guilty to mortgage fraud on March 3rd. Cape Coral Police Chief, Rob Petrovich stated in the press conference...

The part owner of Legacy Lending in Minnesota was sentenced on March 5th. Frederick Earle Deen, age 30 was sentenced to twenty four months in prison for his role in a Twin Cities, Minnesota mortgage fraud scheme. The scheme involved over twenty million dollars. The sentence of twenty four months is a...

Darnell Bell, also known as D-Bell a San Diego gang member pleaded guilty to participating in a racketeering conspiracy that involved bank fraud, money laundering and other crimes. Prosecutors in the case say that Mr. Bell was the chief orchestrator of the mortgage fraud scheme. The scheme that resulted...

Roberta L. Stutzman, the former Vice President of National Penn Bank was charged on February 23rd, 2010 with embezzlement. Mrs. Stutzman is believed to have embezzled over four million four hundred thousand dollars and using the monies to pay off personal debts, purchase property and automobiles. Mrs....

Homeowners are facing new fraud issues when it comes to foreclosures on their properties. New mortgage fraud schemes are on the raise and homeowners are the victims. One of the increases in mortgage fraud is stemming from the sale of homes being foreclosures on. The scheme goes as follows, the homeowner...

Florida prosecutors have convicted another real estate appraisal on mortgage fraud. The most recent is a Jacksonville, Florida licensed real estate appraiser who was sentenced to four years in federal prison for his crime. The appraiser was not without a conspirator and together they committed mortgage...

Achilleas Kallakis was a former Croydon Travel Agent before he became a property Tycoon in London.  Mr. Kallakis has been charged with several counts of fraud, forgery and deceptive practices in relation to mortgage fraud resulting in millions of pounds to lenders over the past five years. Mr. Kallakis...

United State Attorney Joyce W. Vance and Special Agent in Charge Patrick Maley announced on March 1st  that Roxanne Saunders Gilliland has pleaded guilty to mortgage fraud and embezzlement. Roxanne Saunders, from Rainbow City, Alabama pleaded guilty before United States District Judge C. Lynwood Smith...

United States Attorney for the Western District of Missouri, Beth Phillips announced on February 17th  the indictment of sixteen individuals in relation to mortgage fraud. The indictments included two former bank vice presidents and the manager of the Small Business Administration’s office located...