A Georgia woman pleaded guilty pleaded for her role in a three-year scheme resulting in the approval of approximately 450 mortgages based on fabricated documents and false information. According to the charges and other information presented in court, Kimberly Johnson...
A New Jersey real estate investor was sentenced to five years in prison and ordered to pay $22 million in restitution for his role in a $54.7 million multi-year mortgage fraud scheme. Aron Puretz was an employee of Apex Equity Group, a real estate investment and...
A trio of real estate professionals in California’s Bay Area were sentenced for their roles in a $55 million mortgage fraud conspiracy case. According to the charges brought against them, Tjoman Butalim of San Francisco was a licensed real estate broker until his...
Canada’s Financial Transactions and Reports Analysis Center (FINTRAC) and the Canada Revenue Agency (CRA) issued an Operational Alert related to related to potential tax evasion within the nation’s real estate market. “Canada’s real estate sector is used by criminals...
Former Baltimore State’s Attorney Marilyn Mosby has filed an appeal to set aside her convictions on mortgage fraud and perjury charges. The Baltimore Sun reported Mosby submitted a brief to the 4th U.S. Circuit Court of Appeals, Mosby claiming there were flaws in her...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
