And, while some fraud can involve only an individual, it’s common that several fraudsters work together to pull the deal off. Here’s a sampling of schemes, courtesy of certified fraud examiner Douglas Pollock, vice president of IDSnetwork Inc. in Orlando, Fla. Pollock teaches prosecutors and law enforcement agencies how the schemes operate.
Why a Mortgage Company Might Recommend a Higher Rate – New Florida Mortgage Why Your Mortgage Company Might Steer You Towards a Higher Interest Rate. When it comes to interest rates, most people assume that lower is always better. They may believe that the only party that benefits from a higher interest rate is the mortgage company. To a certain extent, this can be correct.
· Florida company under fire for glorifying Kim Jong Un with a $79 romper emblazoned with the dictator’s face amid American student Otto Warmbier’s death from.
· Federal investigators in New York are probing an elder abuse scam in which fraudsters pose as grandchildren in need of bail money, law enforcement sources told the Daily News Monday.
· U.S. Attorney’s Office July 01, 2011 District of Maryland (410) 209-4800 Leader in $78 Million “Dream Home” Mortgage Fraud Scheme Sentenced to 10 Years in Prison Other Prosecutions by the financial fraud enforcement task Force Announced on the One-Year Anniversary of “operation stolen dreams” targeting mortgage fraudsters greenbelt, MD-U.S. district judge roger W..
Four fraudsters were sentenced to a collective 46 years in prison for their roles in a mortgage fraud scheme that cost financial institutions approximately $16 million. Read on for more details.
A mortgage that was “passed around like the flu” seemed to send two South Florida courts down a rabbit hole as a .. It appears the homeowners were victims of a nationwide predatory mortgage lending scheme, a complex confidence game – as most homeowners were, Two Real Estate Investors Plead Guilty To Bid Rigging In Northern California
Mortgage fraud happens when someone intentionally confuses, lies or omits information when they apply for a mortgage. This can be done by lenders and borrowers alike. In Florida, there is a specific statute that covers mortgage fraud.
Londonizations salient: despatched whisk The Adieus of Waverley. A yearly intercourse took place, of a short letter and a hamper or a cask or two, between Waverley-Honour and Tully-Veolan, the English exports consisting of mighty cheeses and mightier ale, pheasants, and venison, and the Scottish returns being vested in grouse, white hares, pickled salmon,
50-Year Prison Sentence for Florida Exec Running $205M Medicare Fraud Scheme – 11/01/11 A federal judge has imposed a 50-year prison sentence on a Florida executive, Lawrence. New York To Pay $70 M for medicare false claims- 11/01/11 New York City.
A third defendant plead guilty in a string of court cases against a Toledo, Ohio-based fake ID ring that is said to have netted over $4.7 million in bitcoin, [.] Click here to view full article Read More