Press Releases

Universal American Mortgage Company LLC (UAMC) has agreed to pay the United States $13.2 million to resolve allegations that it violated the False Claims Act by falsely certifying that it complied with Federal Housing Administration (FHA) mortgage insurance requirements in connection with certain…

USAO, Eastern District of New York - Earlier today, in federal court in Brooklyn, James Bayfield was sentenced by United States District Judge Eric N. Vitaliano to 21 months’ imprisonment, to be followed by three years of supervised release, for conspiracy to commit bank and wire fraud. Bayfield…

BOSTON – A Wakefield man pleaded guilty today in federal court in Boston in connection with a decade-long mortgage fraud scheme involving at least two dozen fraudulent loan transactions and $4.3 million in losses to lenders. Joseph Bates III, 38, of Wakefield, pleaded guilty before U.S. Senior…

Greenbelt, Maryland – On December 3, 2018, U.S. District Judge Roger W. Titus sentenced Michelle Sylethia Jordan, a/k/a Michelle Harris and Michelle Welsh, age 49; and her husband, Michael Paul Anthony Welsh, a/k/a Michael A. Welsh and Michael Paul S. Welsh, age 45, both of Laurel, Maryland, to 57…

PROVIDENCE, R.I. – The mastermind of a mortgage fraud scheme that defrauded financially distressed homeowners, investors, and financial institutions of nearly $1.5 million dollars was sentenced today to more than 13 years in federal prison. Hasan Hussain, 57, of Princeton, N.J., masterminded a…

John H. Durham, United States Attorney for the District of Connecticut, announced that ALLAN MANN, JR., also known as “Hailee Randolph DeSouza” and Hailey R. DeSouza,” 66, pleaded guilty today in New Haven federal court to a false statement offense related to his living in the U.S. under an assumed…

Real Estate Professionals Allegedly Conspired to Purchase Real Estate at Fraudulently Depressed Short Sale Prices, Costing Mortgage Loan Holders Millions of Dollars An indictment was unsealed today in federal court in Brooklyn charging Iskyo Aronov, Michael Konstantinovskiy, Tomer Dafna, Avraham…

BOSTON – An undocumented immigrant who refuses to disclose his true identity was sentenced today in federal court in Boston in connection with using another person’s identity for over 40 years and stealing public funds under the victim’s identity. “John Doe” was sentenced by U.S. District Court…

ROCHESTER, N.Y. - U.S. Attorney James P. Kennedy, Jr. announced today that a federal grand jury has returned a 28-count superseding indictment charging George H. Moses, 50, of Rochester, NY, with conspiracy to commit wire fraud, wire fraud, and aggravated identity theft. The conspiracy and wire…

NEWARK, N.J. – An Essex County, New Jersey, man will be arraigned today on charges that he engaged in a conspiracy to commit mortgage fraud that resulted in potential losses in excess of $1 million, U.S. Attorney Craig Carpenito announced. Cabral Simpson, 43, of Belleville, New Jersey, appeared…