Did you know that even a small "white lie" on your mortgage application could lead to very serious criminal consequences? Experts say that even seemingly innocuous untruths on loan applications can constitute mortgage fraud, a major crime that can lead to long-term...
Mortgage Fraud
Miami Beach man pleads to lesser charge in mortgage fraud case
An old adage holds that truth can never be fully suppressed. Such is the case for several wealthy people who lost millions in a mortgage fraud scheme orchestrated by a trusted colleague. On June 27, a 54-year-old Miami Beach, Florida, man pleaded guilty to his role in...
Charges filed against Florida residents in mortgage fraud case
Instances of alleged financial malfeasance have hit Florida hard in recent years. An example that affects homeowners and those seeking to become homeowners is mortgage fraud. One case being reported on involves the practice of requiring advance fees for mortgage...
Miami Beach man indicted on mortgage fraud
A Miami Beach, Florida, man is potentially looking at serving 30 years in prison after a grand jury indicted him on one count of conspiracy to commit wire fraud affecting a financial institution. According to the U.S. Attorney's Office, the man was arrested April 29...
Fllorida broker’s credibility under fire in mortgage fraud case
When a Florida legal case involves millions of dollars and potential serious penalties, it is reasonable to expect that attorneys representing the defendants in the case will fight back against the charges their clients face. This is exactly what is happening in a...
Florida mortgage scheme results in 7 people indicted
Florida's crackdown on financial crimes continues. A notable recent example is a mortgage fraud case in which indictments have been filed against seven individuals accused of defrauding Miami residents. The indictments were issued in the Southern District of...
Obesity claim used to avoid jail in Florida mortgage fraud case
Criminal cases have a variety of facets that affect not only the verdicts, but the sentences handed down when a guilty verdict is reached. Naturally, defendants want to moderate the punishments they incur however they can, and they certainly have the legal right to...
Florida man sentenced in mortgage fraud case
An incredible amount of money flows through the Florida real estate market. This provides a temptation for many to take advantage of that flow of money by committing financial malfeasance to get some of it. This happens in mortgage fraud cases, including one in which...
Central figure in Florida mortgage fraud incarcerated
Florida authorities work hard every year to combat financial crimes. They have their hands full, as the Sunshine State is often the target for schemes that focus on its rich real estate market, and the huge amount of money that changes hands in that market. Some cases...
Florida residents implicated in mortgage fraud case
With millions of dollars in real estate transactions on a regular basis, Florida and neighboring southern states have long faced financial crimes related to the buying and selling of homes. Authorities actively pursue every possible avenue to anticipate and preclude...
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