Florida continues to pursue financial crime cases, as the state has seen its share of them over the years. Local authorities have increasingly collaborated with federal agencies in an effort to stem the tide. In a recent case, 10 residents of Florida were charged with...
Mortgage Fraud
Conspiracy to commit mortgage fraud uncovered
In recent years, financial crimes have presented a major challenge to law enforcement officials in Florida. To combat those crimes, officials have redoubled their efforts to gather information and address challenges early on. They have also fostered connections with...
Florida mortgage broker avoids jail time
In a mortgage fraud case closely watched by many Floridians, a former mortgage broker has defied expectations and received an assurance that she will not get jail time. She joins 10 others in the case, including four other real estate professionals, who also avoided...
Florida residents lost $2.4 million in mortgage fraud case
Sentences have been handed down in the trial for a mortgage fraud case. Three individuals have now been sentenced for operating the scheme, which affected residents of South Florida. The longest sentence went to the ringleader, 64, who got a total of 11 years. He had...
Accusations made in Florida mortgage scheme
Florida residents recently found out about a major mortgage fraud case in the area.In the case, homeowners in Broward County, Florida, were allegedly defrauded by two local men. According to authorities, the two men targeted homeowners who were particularly in need of...
Mortgage fraud scheme results in stiff sentence
Many Florida residents have followed the unfolding story of a massive mortgage fraud case in the area.The chief defendant in the case, 53, was just sentenced to 60 months in prison for his role in the scheme. Additionally, he will have five years of supervised release...
Florida rocked by mortgage fraud case
Residents of South Florida were shocked by the sheer size of a $39 million mortgage fraud case in the area.A woman at the center of the case, 38, has now been sentenced to over 16 years in a federal prison for her role in it. A jury found her guilty of wire fraud,...
Allegations made against bank in mortgage fraud case
In a surprising turn of events, a well-known bank has become implicated in a big money mortgage fraud case. The man making the allegations of fraud against the bank has now filed a massive $3 million lawsuit in Florida's Palm Beach County Circuit Court. It claims that...
Mortgage fraud scheme totals $14 million
A mortgage fraud scheme accumulated staggering amounts of cash from illicitly obtained loans before federal authorities were finally able to stop it. The scheme was perpetuated across eight years, according to data released by federal prosecutors working on the...
Defendants confess in mortgage fraud case
Two defendants in a high-profile mortgage fraud case confessed to their complicity in the scheme, according to a recent statement from s U.S. Attorney.The two defendants admitted that they had conspired together to willfully defraud multiple financial institutions....
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