Press Releases

USAO, Southern District of New York Press Release In Settlement, Bank Admits and Accepts Responsibility for Improperly Approving Thousands of Mortgage Loans for Government Insurance, and Agrees to Implement Enhanced Quality Control Program to Protect Against Future Violations Preet Bharara, the…

United States Attorney District of Connecticut Press Release Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that GARI-MARK THOMAS, 38, of Michigan, formerly of Norwalk, waived his right to indictment and pleaded guilty today before U.S. Magistrate Judge Thomas P.…

This is a USAO District of Maryland Press Release Greenbelt, Maryland – Mokorya Cosmas Wambura, age 45, of Takoma Park, Maryland pleaded guilty today to conspiring to commit wire fraud and aggravated identity theft arising from two separate residential mortgage fraud schemes. The plea agreement…

WASHINGTON –   Edward Dacy, 76, of West Melbourne, Fla., and A. Conrad Austin, 49, of Bowie, Md., have been indicted on conspiracy, bank fraud, and other federal charges stemming from a multi-million dollar mortgage fraud scheme in which they are accused of assisting their co-conspirators to…

STATESVILLE, N.C. B Roger Dean Bailey, Jr., 41, or Hickory, N.C. was sentenced to 30 months in prison today for his role in a mortgage and consumer fraud conspiracy involving manufactured and modular homes, announced Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina. U.S.…

NEW HAVEN, CT—A property manager and real estate agent was sentenced today to 22 months in prison for his role in a mortgage fraud scheme arising from the purchases of more than 40 properties in New Haven, New Jersey U.S. Attorney Paul J. Fishman announced today. Menachem Yosef Levitin (a/k/a…

Baltimore, Maryland – A federal grand jury has indicted Alberic Okou Agodio, age 30, of Bethesda, Maryland, on charges arising from a mortgage fraud scheme in which he used the names of immigrants and students, along with false financial information, to obtain approximately $3.8 million in home…

Greenbelt, Maryland – U.S. District Judge George J. Hazel sentenced Edgar Tibakweitira, a/k/a “Edgar Julian,” “Charles Edgar Tibakweitira,” and “Edgar Gaudious Tibakweitira,” age 46, of Severn, Maryland,  today to 57 months in prison, followed by five years of supervised release, for conspiracy to…

WASHINGTON – Edward Dacy, 76, most recently of West Melbourne, Fla., has been found guilty by a jury of 10 counts of conspiracy, bank fraud, and mail fraud stemming from a multi-million dollar mortgage fraud scheme involving 45 properties and $16 million in mortgage loans used for the purchase of…

St. Louis, MO – John York was sentenced to 21 months in federal prison on charges of conspiracy to defraud the United States through his business, The Mortgage Store, Inc., in 2008. According to court documents, York was a part owner of The Mortgage Store, Inc. (TMS) and the president of Title…