A pair of Massachusetts-based fraudsters have pleaded guilty for their roles in a scheme to defraud commercial lenders by providing false rent rolls and forged lease agreements on properties in Massachusetts and Connecticut. According to court documents, Louis R....
The owner of a Kansas City-area real estate agency was indicted for with tax evasion and wire fraud. According to the charges brought against her, Michelle O’Connor of Louisburg, Kansas, filed federal income tax returns for 2008 through 2015 that said she owed...
A Chicago real estate broker was sentenced to four years and two months in federal prison for defrauding four investors out of more than $3 million. Stanislav Sannikov, also known as Steve Sannikov, owned and operated Chestnut Realty Group. According to the charges...
US Attorney Bill Essayli has launched the Homelessness Fraud and Corruption Task Force to investigate fraud, waste, abuse, and corruption involving funds allocated for addressing homelessness in the seven counties within the jurisdiction of the Central District of...
The Federal Housing Finance Agency (FHFA) announced the firing of more than 100 Fannie Mae (OTCQB: FNMA), citing unspecified “unethical conduct.” In a statement, FHFA Director and Fannie Mae Chairman Bill Pulte declared the firings have occurred since he was sworn...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
