Frank A. Rubino, ESQ.

FEDERAL AND INTERNATIONAL CRIMINAL DEFENSE

Coral Gables: 305-858-5300
Houston: 713-574-7716
Toll-Free: 1-866-718-3994
Main Menu
Practice Area

Florida Home Inspector Gets Eight-Plus Year Prison Sentence

A 42-year-old home inspector from Spring Hill, Florida, was sentenced to 97 months in prison this week. The sentence was the result of a guilty plea entered by the man in September 2012 to charges of conspiracy to commit wire fraud. Following the prison sentence, he will serve three years on supervised release. In addition, he was ordered to pay nearly $12.8 million in restitution. The sentence sprung from activities performed by the man's home inspection company from 2007 to 2012.

The man operated a company known as American Mortgage Field Services. According to the charges against him, he fabricated inspection reports on government-owned or insured properties. The company claimed to have inspected many more homes than it had the ability to inspect, eventually drawing the attention of housing fraud investigators. Among the homes that were not properly inspected were many that were owned by government-sponsored entities Fannie Mae and Freddie Mac as well as others owned by the Federal Housing Administration.

Bank of American paid nearly $19 million in fees for inspections from 2007 to 2009. It alleged that many of those inspections were not actually performed. United States government losses sustained because of the fabricated reports were estimated at more than $12 million. In addition to the restitution ordered by the court, the man was also ordered to relinquish ownership of two real estate properties and three pieces of jewelry.

Source: Hernando Today, "Fraudulent inspector gets 97 months," by Wendy Joan Biddlecombe, 22 February 2013

No Comments

Leave a comment
Comment Information

Coral Gables Office

Frank A. Rubino, Esq.
550 Biltmore Way Suite 780
Coral Gables, FL 33134

Local: 305-858-5300
Toll Free: 1-866-718-3994
Coral Gables Law Office Map
Email the Firm

Houston Office

Frank A. Rubino, Esq.
712 Main St
Houston, TX 77002

Local: 713-574-7716
Toll Free: 1-866-718-3994
Map and Directions
Email the Firm