Fraud, Fraud, Everywhere Fraud
While late-night TV scams and robocall schemes are coming under increased scrutiny by state and federal officials, new real estate-related swindles continue to come to light.
Third Defendant Sentenced in Mortgage Fraud Scheme
A certified public accountant from Lynn, the third defendant in a decade-long mortgage fraud scheme, was sentenced yesterday in Boston federal court.
Wakefield Man Sentenced in Mortgage Fraud Scheme
A Wakefield man was sentenced last week for his role in a decade-long mortgage fraud scheme that led to $4.3 million in losses for lenders.
Salem Developer Sentenced for Mortgage Fraud
A real estate developer was sentenced to four years in prison for a decade-long, mortgage fraud scheme that totaled $6.5 million and cost lenders nearly $4 million.
Former Real Estate Attorney Sentenced for Mortgage Fraud
A former Massachusetts real estate attorney was sentenced to more than six years in prison for operating, along with his wife, multiple mortgage fraud schemes that affected several lenders.
Salem Man Convicted in Mortgage Fraud Scheme
A Salem man was convicted last week in a decade-long mortgage fraud scheme that saw lenders lose nearly $4 billion.
Co-Founder of North Andover Mortgage Business Sentenced
The principal and co-founder of a North Andover-based mortgage short sale assistance company was sentenced this week in connection with a scheme to defraud mortgage lenders and investors out of nearly $500,000 in proceeds from about 90 short sale transactions.
Cape Cod Couple Pleads Guilty to Mortgage Fraud
A disbarred Massachusetts attorney and his wife have pleaded guilty to running multiple mortgage fraud schemes, federal prosecutors said.
Former Attorney, Wife Indicted in Mortgage Fraud Scheme
A former Massachusetts attorney and his wife were indicted on Tuesday in Boston federal court in connection with various mortgage fraud schemes.
Homeowners Also Game the System
Much has been written about government abuse during the COVID-19 pandemic. But it seems some homeowners are scamming the system, as well.
Prison Time for North Andover Mortgage Business Co-Founder
The principal and co-founder of a North Andover mortgage short sale assistance company will spend time in prison over a scheme to defraud mortgage lenders and investors out of nearly $500,000 in proceeds.
Better Put Off that Home Purchase, Kid
It may never be too early to become a homeowner. But for some, it may be better to wait until they mature a tad.
Guilty Plea for Co-Founder of North Andover Mortgage Company
The principal and co-founder of a North Andover mortgage short sale assistance company pleaded guilty in federal court on Wednesday in connection to a scheme to defraud mortgage lenders and investors.
Founders of North Andover Mortgage Business Charged with Fraud
The co-founders of a North Andover mortgage business were charged in federal court on Nov. 8 in connection with a scheme to defraud mortgage lenders and investors out of nearly $500,000.
Mortgage Fraud Scheme Allegedly Targeted Immigrant Families
A Foxborough man has been arraigned in connection with a mortgage fraud scheme that largely targeted immigrant families.
Major MA Mortgage Servicer Hit With $2M Judgement
One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for overpriced force-placed insurance policies and other unnecessary fees.
Grand Jury Hands Down More Indictments in Mortgage Fraud Case
Additional indictments have been issued against two men in connection with a scheme to defraud homeowners and mortgage lenders by faking documents in legal and real estate transactions.
Former Canton Resident Sentenced in Mortgage Fraud Case
A dual U.S.-Irish citizen was sentenced Friday in federal court in Boston on charges arising out of a multi-year mortgage fraud scheme.
Lynn CPA Pleads Guilty to Mortgage and Tax Fraud
A Lynn accountant pleaded guilty yesterday in federal court in Boston to assisting in a multi-year mortgage fraud scheme by creating fraudulent tax returns and submitting fraudulent letters to lenders.
Former Canton Resident Extradited from Ireland Pleads Guilty to Mortgage Fraud Charges
A dual U.S.-Irish citizen plead guilty earlier this week in federal court in Boston to charges arising out of a multiyear mortgage fraud scheme.
