Chicago developer sentenced for loan fraud
In Chicago, a notoriously corrupt city, attorney Robert Lattas admitted his role in a $22.9 million mortgage fraud. Most mortgage fraud featured on this site deals with making a quick buck and riding into the sunset. That wasn’t the case in this deal, where Lattas sent knowingly fraudulent pricing and documents to banks to help push through.
Financial Institution/Mortgage Fraud News.. Former Roseville Developer Sentenced to Over Four Years in Prison for $22 Million Fraud.. and selling Chicago properties. Read More. Press Release.
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A Chicago real estate lawyer pled guilty to bank fraud in Illinois federal court Friday, admitting his role in a $22.9 million mortgage fraud scheme centered on selling condos in a downtown high.
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Law360, Miami (July 2, 2019, 10:10 PM EDT) — A former medical device company executive will likely spend the rest of his life in prison after receiving a 30-year sentence Tuesday in Florida federal.
Two Suburban Developers And An Attorney Among Six Defendants Charged With Mortgage Fraud . CHICAGO- A federal grand jury returned a 25-count indictment yesterday charging six defendants with devising and participating in a mortgage fraud scheme which caused more than $16 million in losses to banks, mortgage lenders, Fannie Mae, and Freddie Mac.
A High Court judge has granted a freezing order on funds from a near $1 million mortgage, allegedly fraudulently obtained by.
Warren, Tillis look to enforce GSE salary caps Warren, Tillis look to enforce GSE salary caps By neil haggerty published april 12 2019, 2:44pm EDT WASHINGTON – Two members of the Senate Banking Committee have introduced bipartisan legislation to enforce the salary caps of the chief executives at the mortgage giants Fannie Mae and freddie mac. sens. elizabeth Warren, D-Mass., and Thom Tillis, R-N.C., have introduced the Respect the Caps.
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FHFA announces senior staff appointments Ohio Department of Agriculture (ODA) Director David T. Daniels today announced the appointment of Jared Parko as a new deputy director to the department’s senior management team. As deputy director, Parko will primarily focus on laboratory operations and animal health, dairy, food safety and meat.
MADIGAN: CHICAGO MAN SENTENCED TO SIX YEARS FOR CRIMINAL MORTGAGE LOAN MODIFICATION FRAUD. Chicago – Attorney General Lisa Madigan announced a six-year prison sentence for a Chicago man who stole more than $350,000 by preying on desperate homeowners seeking to avoid foreclosure.. warren jackson, 44, of Chicago, pled guilty to criminal mortgage rescue fraud before Cook County Circuit Court.
CHICAGO – A federal jury today convicted the president of a Chicago real estate firm on fraud charges relating to a $105 million line of credit for city and suburban properties, including a former Goldblatt’s Department Store on the North Side and the Streets of Woodfield Mall in Schaumburg.
UBS urges jury to reject self-proclaimed whistle-blower’s story Whistleblower sues Wells Fargo amid accounts scandal.. jury awards .6m to Vienna man in mortgage company lawsuit. 25 May CFPB: Mortgage complaints down to third place. 25 May. UBS urges judge not to hold it liable for mortgage bond losses.
Law360, Chicago (June 6, 2014, 2:28 PM EDT) — Warren Barr III, the Chicago real estate developer indicted last month for allegedly running a $23 million mortgage fraud scheme, failed to appear.