An individual called Joseph A. Gonzalez from Henderson, Nevada, pleaded guilty for his participation in a scheme to use fake information and simultaneous loan applications at multiple banks – known as “shot-gunning” – to obtain home equity lines of credit. As stated in the documents filed in the case, from 2010 to 2018, Jorge Flores […]
Category Archives: Fraudshine State
Fraudster Sentenced in Fraudulent Mortgage Debt Reduction Scheme
A federal jury sentenced Anthony T. Williams, from Louisiana, to 240 months’ imprisonment for wire and mail fraud connected with a fraudulent mortgage relief scheme after a four-week trial. The Court also imposed three years of supervised release and restitution. According to the evidence, Williams marketed a fraudulent mortgage debt reduction scheme to distressed homeowners, […]
Man Charged with Defrauding a Mortgage Assistance Program
U.S. Attorney Kirsch announced that Mohammed Shahbaz Khan, from Bourbonnais, Illinois, was charged for making false claims connected with accepting money from the Hardest Hit Fund, a federal mortgage assistance initiative offered to provide targeted aid to states hit hardest by the subprime mortgage crisis. This initiative in Indiana is managed by the Indiana Housing […]
Fraud Conspiracy – Graham & Co-Conspirators
Recently (February 2020) sentenced to eleven years in prison and five years of supervised release, Jacqueline Graham, a 54-year-old woman, was involved in a scheme from 2011 to 2012 that involved sixty total false discharges of mortgage loans. The fraudulent loan discharges amounted to around $38 million stolen from clients, banks, and clerks’ offices. Graham’s […]
Sophisticated Real Estate Fraud Scheme – Fourth Defendant Sentenced
Latrese Gevon Breaux was sentenced along with Angela Grace Cotton, Denaysha Coleman, and Lawrence Edward Cotton for running a real estate fraud scheme that resulted in the theft of more than $1.4 million from 2014 to 2016. The group used fictitious escrow and title companies to deceive a lending company into believing it was funding […]
How to Protect Yourself From Title Fraud
Deed fraud is a form of identity theft that most people have never heard about. It happens when someone steals your identity and then forges your name on the deed. At this point, they may take the deed to your home. While this commonly happens when someone dies (and the house gets inherited by someone), […]
Home Title Fraud – How is it possible?
Property fraud is possible when somebody obtains a title of your property – by stealing your identity – to change the ownership of your property from your name to theirs. The fraudster can then get a loan against your property, or even sell it or rent it. The real owners often don’t even know of […]
Recording offices – What they are, what they do
Your State’s Law Requires That Your Deed Be Recorded All states have registration laws. This law governs who is recognized as having real estate and who has financial or other interests, such as mortgages or liens. It also defines the order of priority in which interest must be given – literally, in many cases, for […]