Loan officer admits role in fraud scheme
FORT WAYNE – A Fort Wayne loan officer pleaded guilty Thursday in U.S. District Court to charges related to a mortgage fraud scheme.
John Carlisle, who was 49 at the time of the February indictment, was scheduled to stand trial next week in federal court in South Bend on a 13-count indictment accusing him of bank fraud, wire fraud and making false statements regarding mortgage loans.
Article
July 18, 2013
Former Executive Director of Chelsea Housing Authority Sentenced for Falsely Reporting Salary
BOSTON – The former Executive Director of the Chelsea Housing Authority was sentenced today for falsely reporting his salary in annual budgets required by the U.S. Department of Housing and Urban Development (HUD) and the Massachusetts Department of Housing and Community Development.
Michael E. McLaughlin, 67, of Dracut, was sentenced by U.S. District Judge Douglas P. Woodlock to 36 months in prison, followed by two years of supervised…
Press release
July 17, 2013
CBS News Video - Ex-Chelsea Housing Director Sentenced For Under-Reporting Salary
BOSTON (CBS/AP) — The former executive director of the Chelsea Housing Authority who pleaded guilty to charges of trying to hide his inflated salary from state and federal authorities has been sentenced to three years in prison.
Michael McLaughlin was sentenced Wednesday in federal court in Boston.
U.S. District Attorney Carmen Ortiz said afterward, she was pleased the Chelsea Housing Authority had an opportunity to be heard.
McLaughlin pleaded…
Article
July 17, 2013
Man wanted on charges of real estate fraud is arrested in Georgia and brought to San Bernardino County
A Roseville man wanted on charges of real estate fraud was extradited to California last week from Georgia.
On July 3, 48-year-old Eimbari Kemet was extradited from Lawrenceville, Georgia back to California by San Bernardino County District Attorney investigators. Kemet was arrested in Georgia for an outstanding warrant following a traffic stop for a broken tail light.
Article
July 14, 2013
No Sandy aid for some despite Christie pledge
Chuck Appleby wanted answers back in March as he grappled with how to get his family back into their Seaside Park home that was damaged by Superstorm Sandy.
He and many other Sandy victims with questions attended a town hall meeting in Manasquan on March 21 to hear what Gov. Chris Christie had to say.
Appleby, a Seaside Park Planning Board member, was satisfied with one answer he heard: If you build now, you will be reimbursed, Christie said.…
Article
July 14, 2013
Turn in McLaughlin Sentencing Could Set New Legal Precedent
As the nation paused to celebrate and elevate the cornerstones of democracy in America, the attorneys in the Michael McLaughlin case did revolutionary battle over a unique turn in the case that could set new precedent in the federal court system.
At issue is the still-remarkable turn of events from McLaughlin’s sentencing hearing in June, where Federal Judge Doug Woodlock put everything on hold and turned the keys to the case over to attorneys…
Article
July 14, 2013
Former PHA Employee Charged in Fraud Conspiracy
PHILADELPHIA - Richard Lewis, 54, of Philadelphia, Pennsylvania, was charged by indictment unsealed today, with conspiracy to steal property from the Philadelphia Housing Authority where Lewis was employed at the time, in the amount of approximately $348,910, announced United States Attorney Zane David Memeger. Lewis was arrested this morning by the FBI.
Press release
July 11, 2013
Former Asbury Park Housing Official Arrested
(FREEHOLD) The former executive director of the Asbury Park Housing Authority was arrested Thursday at his Mercer County home and charged with theft, announced Acting Monmouth County Prosecutor Christopher J. Gramiccioni. Mark W. Holmes, 52, of Lawrence Township, is charged with second degree Theft by Deception after an investigation...
Press release
July 11, 2013
Straw buyers in Hartville found guilty of conspiracy in mortgage fraud scheme
An Akron man will spend 10 years in prison for leading a mortgage fraud scheme in Northeast Ohio and Florida, according to federal prosecutors.
Jack R. Coppenger, 50, appeared in federal court Monday after previously pleading guilty to two counts of conspiracy. U.S. District Judge John Adams called Coppenger an “economic predator” and said he would determine the amount of restitution Coppenger would pay later. The government requested $35…
Article
July 07, 2013
Former Dover official gets jail for real estate fraud scheme
DOVER — After pleading guilty to defrauding a dozen friends and neighbors, a former school official will serve at least 18 months in prison and must pay about $278,000 in restitution.
While the case is tied to other victims, Nickolas Skaltsis, 62, of 6 Erik Drive, waived the indictment process and pleaded guilty to three counts of theft by deception and one count of theft by misappropriation of property.
Dover resident Gary Green, who was taken…
Article
July 03, 2013
Two men charged with mortgage fraud
The Michigan Attorney General’s Office has charged two Metro Detroit men with operating a mortgage fraud business that allegedly cheated 272 customers out of thousands.
Jeffrey Baker, 45, of Detroit, and Leroy Yeargin, Jr., 44, of Southfield, were both charged Monday in Wayne County Circuit Court for their suspected roles in running a fraudulent mortgage modification business that was formed in 2010.
Article
July 02, 2013
Sentencing delayed in real estate fraud case
ST. GEORGE — Fifth District Court personnel will make a third attempt to sentence a Washington City resident next month following his conviction on fraud charges that involved the diversion of nearly $800,000 earmarked for St. George and Mesquite building projects.
Article
July 02, 2013
Medina builder of luxury homes, 6 other people accused of mortgage fraud
CLEVELAND, Ohio -- A Medina builder of luxury homes and six other people have been accused in U.S. District Court in Cleveland of conspiring to commit mortgage fraud after the builder ran into financial problems because he could not sell the houses.
Article
June 30, 2013
Housing Authority taking action against director
PLATTSBURGH — Plattsburgh Housing Authority is taking legal action against its former director, seeking nearly $600,000. The Housing Authority filed a summons with notice in State Supreme Court in Clinton County against Lori A. Cantwell.
Article
June 29, 2013
110 Arrested During Multiagency, Violent Crime Initiative from April to June 2013
TULSA, OKLAHOMA—United States Attorney for the Northern District of Oklahoma Danny C. Williams Sr., joined by members of federal, state and local law enforcement agencies and community counseling services, today announced a first series of arrests as the result of the Violent Crime Initiative to remove violent offenders from the 61st Street and Peoria Avenue area.
Press release
June 27, 2013
Feds question Stark Metropolitan Housing Authority spending
CANTON — Two Stark Metropolitan Housing Authority employees have been fired, and the agency’s books and operational procedures are undergoing a federal review to fix numerous issues following a scathing report accusing the agency of improperly spending at least hundreds of thousands of federal tax dollars.
Article
June 27, 2013
Guilty Verdict In Federal Fraud Trial
HARTFORD — A federal jury took less than an hour Tuesday to find Deowraj Buddhu guilty of running a debt-reduction scam that left his financially struggling victims with deeper money troubles.
Buddhu, 70, of Wethersfield was found guilty of six counts of mail fraud and seven counts of "fictitious obligations." The verdict was announced shortly before 3:30 p.m. after the jury had deliberated for about 50 minutes. It followed nine days of…
Article
June 26, 2013
The SEC Says It Wants Big Banks To Admit Guilt, But Doubts Remain
Remember when federal Judge Jed Rakoff scared the bejesus out of Wall Street in 2011? That’s when he refused to sign off on a $285-million civil settlement between Citigroup and the Securities and Exchange Commission over a massive mortgage fraud case.
Article
June 25, 2013
Former Birmingham real estate lawyer sentenced to 2 years, restitution in mortgage fraud scheme
BIRMINGHAM, Alabama - A former real estate lawyer from Birmingham was sentenced today to two years in prison for wire fraud in a mortgage scheme that exceeded $1 million over five years.
Press release
June 25, 2013