Tagged : Fraud

There are currently 4 blog entries tagged as Fraud.

adam robinson sarasota

Travel allowed to Carribean and Hawaii The latest in the never ending saga of the largest flipping fraud ring in Sarasota's history. Craig Adams, alleged ringleader turned FBI confidential informant, was given permsision to take a cruise from Purto Rico while out on bail.Adams, palns to travel from Orlando to Puerto Rico where he will take a honeymooon cruise to the Carribean.Federal Magistrate Judge Mark Pizzo approved the unopposed request from the 42-year-old Adams on Friday, the same day ... Read Full Post

adam robinson sarasota

14 indicted on 44 counts in Sarasota real estate flipping fraud investigation Sarasota, FL. - Breaking News.... The Sarasota Herald Tribune anounced this afternoon that the U. S. Attorney for the Middle District of Florida and the Sarasota County Sherrif have indicted 14 individuals on 44 charges involing real estate flipping in the Sarasota area. Many of these people flipped the same porperties numerous times betrween themselves and close associates. According to the Herald Tribune "The list... Read Full Post

Mortgage Fraud: The New Real Estate Boom

1 year ago (August 17th, 2010) by Rew Lisa 5 Comments 802 Views
Rew Lisa

It seems that no matter what kind of misfortune that is dished out by Universal Karma™, there is someone waiting in the wings just raring to exploit the situation. With so much focus on stimulating the economy going on, it is interesting (in a dismal sort of way) to see that apparently the most stimulated business in town is that of fraud and con jobs. Since the start of this whole economic crisis, it seems like every few weeks or so there is a new story busting out about some new real esta... Read Full Post

Countrywide Financial Now Under Criminal Probe

4 years ago (March 8th, 2008) by Dennis Pease 1 Comments 1,489 Views
Dennis Pease

The F.B.I. and the Justice Department have opened a criminal inquiry into Countrywide Financial for securities fraud. The F.B.I. investigation will take a close look at how common fraud was in Countrywide's origination process. Their management is suspected of misrepresenting the quality of its mortgages in routine securities filings, which would have caused investors to overvalue the loans that were used as securities worth more than $100 billion between 2004 and 2007. This is part of a broa... Read Full Post

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