Indictment Details Charges in Conspiracy to Defraud Financially Distressed Homeowners, Financial Institutions
PROVIDENCE – A Johnston-based real estate investment firm, the company’s founder, and a person who held himself out to be a negotiator on behalf of financially distressed homeowners but who was, in...
Landlord to Pay $128,000 under the False Claims Act for Allegedly Renting Subsidized Section 8 Apartment to a Family Member
PHILADELPHIA – Acting United States Attorney Jennifer Arbittier Williams announced that Dmitry Royzman, will pay $128,000 to resolve False Claims Act allegations that he illegally claimed...
PRAC Releases Virtual Stakeholder Listening Forum with Experts on Housing
Today the PRAC’s Financial Sector Oversight working group released a new video of a stakeholder listening forum entitled, “Pandemic Response: Perspectives on Housing.” The working group is comprised...
Cleveland City Council Member Arrested, Charged with Federal Program Theft
Acting United States Attorney Bridget M. Brennan announced today that sitting Cleveland City Council member Kenneth JOHNSON, age 74, of Cleveland, was arrested this morning by law enforcement agents...
Real Estate Developer Among Four Individuals Charged in Mortgage Fraud Scheme
CHICAGO — A federal grand jury has indicted a real estate developer and three others for allegedly participating in a mortgage fraud scheme that defrauded financial institutions out of at least $3...
Case Manager and Property Agent Plead Guilty to Stealing Federal Funds Designated to Help Homeless Veterans
ATLANTA - Camelia Revels, a former case manager at HOPE Atlanta, and Katrise Jones, a property agent, have pleaded guilty to a criminal information charging them with conspiring to steal...
United States Files Civil Fraud Suit Against Three Individuals and Multiple Real Estate Companies Alleging Mortgage Fraud Scheme
Defendants Allegedly Engaged in a Scheme to Purchase Real Estate at Fraudulently Depressed Short Sale Prices Resulting in Millions of Dollars in False Claims Submitted to HUD’s FHA Mortgage Insurance...
Former City of Newark Official Charged with Scheming with Two Newark Businessmen to Obtain Bribes
NEWARK, N.J. – A former City of Newark official and officer of the Newark Community Economic Development Corporation (NCEDC) and two business owners were charged today for their roles in a bribery...
Guild Mortgage Company to Pay Almost $25 Million To Resolve Allegations It Knowingly Caused False Claims To Federal Housing Administration
WASHINGTON – Guild Mortgage Company has agreed to pay the United States $24.9 million to resolve allegations that it violated the False Claims Act and the common law by knowingly breaching material...
Newark City Council Member Charged with Scheming to Obtain Bribes and Kickbacks; Co-Schemer Admits Wire Fraud Conspiracy
NEWARK, N.J. – A member of the Newark Municipal Council and Board of Directors of the Newark Community Economic Development Corporation (NCEDC) was charged today with scheming to obtain bribes and...