Former Real Estate Agent Pleads Guilty to Mortgage Fraud Scheme Involving Builder Kickbacks
By Moe Bedard
A Mint Hill man has pleaded guilty in connection with a mortgage fraud scheme that involved kickbacks to a homebuilder, according to documents filed Wednesday in federal court in Charlotte. Mike Foley, a former real estate agent, pleaded guilty to one count of mortgage fraud conspiracy and one count of making false statements. He will [...]
Maryland Feds Run Up String Of Guilty Pleas In Mortgage Related Fraud Scams The Maryland Office of the U.S. Attorney has run up a string of real estate/mortgage related fraud convictions this month, as evidenced by these press releases:REAL ESTATE AGENT PLEADS GUILTY IN SCHEME TO DEFRAUD MORTGAGE LENDERS (12 Fraudulently Obtained Properties End Up in Foreclosure);THIRD DEFENDANT IN MORTGAGE FRAUD SCHEME PLEADS GUILTY ANDTWO MORE DEFENDANTS INDICTED (Terrence White Admits
Randolph Woman Pleads Guilty in Mortgage Fraud Scheme Randolph Woman Pleads Guilty in Mortgage Fraud Scheme BOSTON, MA?A former Bank of America employee was convicted of wire fraud today in federal court for creating false documents to secure approval of mortgage loan applications...
Hamilton Man Pleads Guilty to $9 Million Investment Fraud, Mortgage Fraud CINCINNATI?James D. Powell, 53, of Hamilton, pleaded guilty in United States District Court here today to operating a Ponzi-style fraud scheme which cost 90 victims more than $9 million over six years by promising them high rates of return on a portfolio of real estate investments, and defrauded at least two mortgage companies and a [...