A Florida man, the former CEO and chairman of a now-bankrupt multinational pharmaceutical company, was sentenced this week to 30 years in prison (followed by five years of supervised release) for his role in a $100 million scheme to defraud Westernbank of Puerto Rico.
WASHINGTON-Barrington Coombs, 58, of Weston, Florida, was sentenced today to serve a year and a day in prison for his role in a foreclosure rescue scheme that victimized desperate homeowners on the brink of losing their homes, the Justice Department announced. Coombs was sentenced by U.S. District.
Where to Donate to Harvey Victims (and How to Avoid Scams) – The New York Times Mortgage Masters Group Photo Credit Anna Watts for The New York Times.. It once was clear what american businesses needed to avoid to succeed in China’s huge market.. Terms offered by bondholders and victims. NEW YORK – Citigroup Inc. has become the latest victim in a string of high-profile data thefts by hackers targeting some of the world’s best-known companies.
Man Sentenced for Ripping Off Homeowners in Loan Modification Scheme. Bacon is one of ten defendants in a scheme to bilk thousands of. 29, Boca Raton, Florida, was sentenced to 30 months in prison and two years of.
OWNER OF fraudulent mortgage loan modification scheme sentenced . SAN DIEGO, CA – Michael Trap was sentenced today to serve 30 months in custody based upon his guilty pleas to one count of conspiracy to commit wire fraud and money laundering and one count of money laundering, announced U.S. Attorney Laura E. Duffy. United
Ricardo Beato, 62, of Miami, and Jorge Amad, 48, of Miramar, Florida, were separately charged, pleaded guilty and have been sentenced for their roles in the scheme. The EXIM Office of Inspector General investigated the case.
into-the-deep: 10/17/05 Fishing Report 10/17/05 – Late Season Fishing Strategies For the Grand Rapids Region As always, the time has passed quickly this season and while I’m ready for a break in the action, I’m sad that we are reaching the end of the 2005 open water season. A Dweller on the Threshold Bartimaeus said to Jesus, "My teacher, let me see again."
mortgage credit). Given the severe impact of mortgage fraud on the economy and its role in the. An example of a foreclosure rescue scheme involving two Florida residents.. Loan modification schemes are another type of mortgage fraud.. gary bobel, Scott Thomas Spencer, and Travis Iverson were sentenced to prison.
Florida is ground zero of the foreclosure crisis. In addition to being one of the epicenters of the housing meltdown, it has also become the jurisdiction where local lawyers have been the most effective overall in unearthing how servicers and foreclosure mills have engaged in widespread document fabrications and use of improper affidavits to foreclose.
A new type of crime is targeting homeowners. It’s one that combines identity theft with mortgage fraud. When you mix those criminal activities together, you end up with a scam that threatens the.
Earlier this year, a federal judge in Miami sentenced california man George French Jones to more than nine years in prison for his role in a mortgage fraud and identity theft scheme in South Florida.