Name | Title | Conviction Date | Victim Institution | Status |
---|---|---|---|---|
Mario Alvarenga | Managing Director, Launch Development LLC and Home Owner Assistance | 11-03-2016 | Making Home Affordable | Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1344 Bank Fraud. |
Edmond Cash | Managing Member, Longbranch Lakes Properties, LLC | 09-23-2021 | River City Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1344 Bank Fraud |
Diana Huong Nguyen | No Title | 09-01-2021 | Bank of America | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Mehul R. Khatiwala | Chief Executive Officer; Delaware Hotel Group, LLC | 04-25-2019 | CITI Bank | Sentenced to 5 years 3 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1344 Bank Fraud. |
Gary Ketchum | No Title | 02-17-2021 | First State Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
See Y. Wong | Owner, Emerald Homes LLC | 11-13-2020 | Cathay Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1343 Wire Fraud. |
Pablo Hernandez | No Title | 11-09-2020 | Saigon National Bank | Sentenced to 7 years 3 months in prison. Convicted of violating 18 U.S.C. § 1962(d) Racketeer Influenced and Corrupt Organizations Conspiracy. |
Mina Chau | No Title | 02-12-2020 | Chase Bank; Wells Fargo Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1946(h) Conspiracy to commit money laundering. |
Raymond Tan | No Title | 10-15-2019 | East West Bank | Sentenced to 3 years in prison and ordered to pay a $10,500 fine. Convicted of violating 18 U.S.C. § 1956(h) Conspiracy to commit money laundering; 18 U.S.C. § 1956 Laundering of monetary instruments; 31 U.S.C. § 5324 Structuring transactions to evade reporting requirement. |
Jyoteshna Karan | Owner; Royal Realty, Inc | 07-29-2019 | Bank of America; JPMorgan Chase Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Praveen Singh | Owner and President; Trishna Investment Corporation | 07-29-2019 | Bank of America; JPMorgan Chase Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Nani Isaac | No Title | 07-26-2019 | Bank of America; JPMorgan Chase Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Mehul R. Khatiwala | Chief Executive Officer; Delaware Hotel Group, LLC | 04-25-2019 | CITIBank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Wang Gao Wang | No Title | 04-08-2019 | Chase Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Zahid Aslam | Owner; Alpha Medical Center | 11-30-2018 | CITI Bank; WSFS Financial Corporation | Sentenced to 2 years 6 months in prison. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Ruimin Zhao | No Title | 09-28-2018 | East West Bank | Sentenced to 4 months in prison. Convicted of violating 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Hua Leung | No Title | 05-11-2018 | East West Bank | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1956(h) Conspiracy to commit money laundering; 18 U.S.C. § 1956 Laundering of monetary instruments. |
Leonard Tyson | Loan Broker | 05-08-2018 | Lone Star Bank | Sentenced to 3 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Kathleen Moore | No Title | 04-16-2018 | Bank of America | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1343 Wire Fraud. |
Charlie James | Co-Owner; KC United LLC | 04-03-2018 | Bank of Blue Valley | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Mohsen Hass | Owner; Melody Gas Station | 03-12-2018 | Wilshire State Bank; Mirae Bank | Sentenced to 4 years 9 months in prison. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Greisy Jimenez | Real Estate Agent; Foreclosure 911 | 01-16-2018 | Bank of America; JPMorgan Chase Bank | Sentenced to 3 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Michael Litz | Co-Owner; McKnight Man I LLC | 01-16-2018 | Excel Bank | Sentenced to 3 years in prison and ordered to pay $5,048,004 in joint and several restitution. Convicted of violating 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. |
David Lonich | Attorney | 12-18-2017 | Sonoma Valley Bank | Sentenced to 6 years 8 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 1512 Attempted tampering with a witness victim or an informant. |
Thomas G Comer Jr. | Owner; CFC Transportation | 11-09-2017 | Bank of Vernon | Sentenced to 1 year probation. Convicted of violating 18 U.S.C. § 641 Public money, property, or records. |
Jim Sheng Lee | No Title | 08-18-2017 | East West Bank | Sentenced to 3 years in prison. Convicted of violating 18 § 1956 Laundering of monetary instruments; 18 § 1956(h) Conspiracy to commit money laundering. |
John Cheng | Owner; Sino West Financial, Inc. | 07-19-2017 | BNB Bank | Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Brenda Wood | Owner; Professional Cleaning and Innovative Building Services | 07-12-2017 | Farmers Bank & Trust | Sentenced to 4 years 2 months in prison. Convicted of violating 18 U.S.C. § 664 Theft or embezzlement from employee benefit plan; 18 U.S.C. § 1344 Bank Fraud. |
Margaret Connolly | Attorney | 06-15-2017 | Taylor, Bean & Whitaker Mortgage; JP Morgan Chase & Co.; Bank of America; Washington Mutual Bank; Fremont Investment & Loan; World Savings Bank | Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Mahendra Prasad | | 05-22-2017 | Bank of America; JPMorgan Chase Bank; Wells Fargo Bank | Sentenced to 1 year 3 months in prison. Convicted of violating 18 U.S.C. § 1341 Mail Fraud. |
Donna Conroy | Attorney; Frieri Conroy & Lombardo LLC | 05-17-2017 | First State Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1005 False Bank entries, reports, and transactions. |
Luis F. Krueger | No Title | 05-09-2017 | Saigon National Bank | Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Ronald Onorato | Chief Executive Officer; Northpoint Group Inc | 04-24-2017 | Integra Bank | Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
David T. Odom | Owner, President; CityScope Productions LLC | 03-31-2017 | The Harbor Bank of Maryland | Sentenced to 2 years 6 months in prison and ordered to forfeit up to $821,000 after the sale of property and pay $700,000 in restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Vannessa Ricci | Loan Officer, Mortgage Broker; Mortgage Equity Partners | 03-23-2017 | Bank of America; Capital One Bank; JPMorgan Chase Bank | Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Jasmin Polanco | Attorney; Polanco Law Firm | 03-17-2017 | Bank of America; Capital One Bank; JPMorgan Chase Bank | Sentenced to 1 year 3 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Bruce A. Houle | Owner; BAH DEV, LLC | 03-13-2017 | GulfSouth Private Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Daniel Sexton | Owner; Georgetown Mobile Estates | 02-03-2017 | PBI Bank | Sentenced to 9 years 1 month in prison and ordered to pay $2,637,058 in joint & several restitution; $2,534,912 forfeiture; $12,500 fine. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Derrick Cheung | No Title | 01-31-2017 | East West Bank | Sentenced to 1 year in prison. Convicted of violating 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Jason M. Robinson | Used Car Salesman; Robinson Auto Sales | 11-30-2016 | Superior Bank | Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Shaima Hadayat | Real Estate Broker | 11-01-2016 | Wells Fargo Bank | Sentenced to 6 months in prison. Convicted of violating Cal. Penal Code § 487(a) Grand Theft. |
Harpreet Singh | Real Estate Agent | 11-01-2016 | Bank of America; Wells Fargo Bank | Sentenced to 6 months in prison. Convicted of violating Cal. Penal Code § 470(d) Forgery and Counterfeiting. |
Jonathan Williams | Accountant; Georgetown Mobile Estates | 10-31-2016 | PBI Bank | Sentenced to 5 years in prison and ordered to pay $2,637,158 in joint & several restitution; $2,637,158 forfeiture. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Sheila Flynn | Accountant; Georgetown Mobile Estates | 09-26-2016 | PBI Bank | Sentenced to 2 years in prison and ordered to pay $1,467,674 in joint & several restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Mark Zylker | No Title | 08-29-2016 | Lone Star Bank | Sentenced to 3 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Hugo G. Lafuente | Owner; Wells Solutions | 08-29-2016 | Lone Star Bank | Sentenced to 2 years 1 month in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Rajeswara Maruvada | Owner; Maruvada & Associates | 07-26-2016 | TARP Bank Not Disclosed | Sentenced to 6 months in prison. Convicted of violating 26 U.S.C. § 7206 Fraud and false statements. |
Darryl Wesley Clements | Owner; Link Resources Partner LLC | 07-19-2016 | The Harbor Bank of Maryland | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Clifford Davis | Manager; Taipan II LLC | 05-31-2016 | Superior Bank | Sentenced to 5 years probation. Convicted of violating 18 U.S.C. § 1621 Perjury generally. |
Jerome Arthur Whittington | No Title | 05-26-2016 | Bank of America | Sentenced to 10 years in prison. Convicted of violating 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1542 False Statement in a Passport Application; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Chung Yu Yeung | Vice President; Eastern Tools and Equipment | 03-30-2016 | United Commercial Bank | Sentenced to 5 years 3 months in prison and ordered to pay $9,618,908 in restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Joseph L. Capano Sr. | Managing Member; Riverbend LLC | 03-28-2016 | Cecil Bank | Sentenced to 1 year 9 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 33 U.S.C. § 1319 Clean Water Act. |
Dahianara Moran | Real Estate Agent; Foreclosure 911 Director; The Psychological Center Inc | 11-17-2015 | Bank of America; First Horizon National Corporation; JPMorgan Chase Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Martin Bahrami | No Title | 11-16-2015 | Bank of America; JPMorgan Chase Bank; Wells Fargo Bank | Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Chester Peggese | Loan Broker | 11-12-2015 | Broadway Federal Bank | Sentenced to 1 year in prison and ordered to pay $4,307,381 million in restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 26 U.S.C. § 7206 Fraud and false statements. |
Hyacinth Bellerose | Attorney; Korde and Associates | 10-29-2015 | Bank of America; First Horizon National Corporation; JPMorgan Chase Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Leonard Potillo | Owner; United Credit Recovery | 10-07-2015 | U.S. Bank | Sentenced to 3 years 10 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 26 U.S.C. § 7201 Attempt to Evade or Defeat Tax. |
Selim Zherka | Owner; Cheetah's Strip Club, V.I.P. Club Publisher; Westchester Guardian | 08-27-2015 | Capital One Bank; Signature Bank; Sovereign Bank | Sentenced to 3 years 1 month in prison and ordered to pay $1,803,397.86 in restitution and a fine of $1,500,000. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Farrell Larson | Co-Owner, President; Select Onion LLC, Larson Land Company LLC, Select Onion LLC, Larson Land Company LLC | 06-22-2015 | Zions First National Bank | Sentenced to 5 years probation. Convicted of violating 18 U.S.C. § 152 Concealment of assets, false oaths and claims, bribery. |
Joseph DiValli | Loan Officer | 05-28-2015 | Wells Fargo Bank | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1343 Wire Fraud; 26 U.S.C. § 7201 Attempt to Evade or Defeat Tax. |
Alberto Solaroli | Owner; CET Racing | 04-10-2015 | One Bank & Trust | Sentenced to 1 year 1 day in prison. Convicted of violating 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity. |
Steven Moorhouse | President; Jefsco Manufacturing Co Inc | 01-12-2015 | Old Second National Bank | Sentenced to 1 year 9 months in prison. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Wilbur A. Huff | Owner; Oxygen Unlimited LLC | 12-23-2014 | The Park Avenue Bank | Sentenced to 12 years in prison. Convicted of violating 26 U.S.C. § 7212 Attempts to interfere with administration of internal revenue laws; 26 U.S.C. § 7206 Fraud and false statements; 26 U.S.C. § 7203 Willful failure to file return, supply information, or pay tax; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Genaro Morales | Co-Owner; Cheetah's Strip Club | 10-29-2014 | Capital One Bank; Signature Bank; Sovereign Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Pasquale Scarpa | No Title | 10-10-2014 | Capital One Bank; Signature Bank; Sovereign Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Kevin Sisti | No Title | 09-18-2014 | Capital One Bank; Signature Bank; Sovereign Bank | Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Conviction vacated due to death. |
Jose Luis Salguero Bedoya | Owner; NJ Credit Services | 09-15-2014 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 5 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Falgun Dharia | Owner; Mantiff Management, Inc. | 08-14-2014 | PNC Bank; Fidelity Bank | Sentenced to time served in prison and ordered to pay $11,342,493 restitution; consented to $8,000,000 forfeiture order. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1512 Tampering with a witness victim or an informant; 26 U.S.C. § 7206 Fraud and false statements. |
Timothy Fitzgerald | Chief Financial Officer; KC United LLC | 08-04-2014 | Bank of Blue Valley | Sentenced to time served in prison and ordered to pay $877,382.95 in restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Paul Chemidlin | Appraiser; Appraisal Inc | 07-22-2014 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 5 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 21 U.S.C. § 841(a)(1) Methylone Distribution. |
James House | No Title | 07-18-2014 | Sonoma Valley Bancorp | Sentenced to time served in prison and ordered to pay $19,196,000 in restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Mark Pagani | Attorney | 06-30-2014 | Capital One Bank; Signature Bank; Sovereign Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Brian Headle | Owner; Investment One | 06-26-2014 | Colorado East Bank & Trust | Sentenced to 3 years in prison. Convicted of violating 18 U.S.C. § 215 Receipt of commissions or gifts for procuring loans. |
Yazmin Soto-Cruz | Manager; NJ Property Management | 06-17-2014 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Leigh Farrington Fiske | No Title | 06-11-2014 | U.S. Bank; Wells Fargo Bank | Sentenced to 4 years, 9 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud and 18 U.S.C. § 1343 Wire Fraud. |
Christopher Ju | Title Agent | 04-24-2014 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 10 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Delio Coutinho Sr. | Loan Officer; American Fidelity Mortgage Brokerage | 04-22-2014 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 3 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Michael Hilbert | Co-Owner; Eagle Group LLC | 04-07-2014 | Excel Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
James Crews | Owner; Crews Corporation | 04-07-2014 | Excel Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Kenneth Sweetman | Title Agent; East Coast Title | 02-19-2014 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Gregory Yates | Chief Executive Officer; Quality Concepts LLC | 02-10-2014 | Country Bank | Sentenced to 1 year in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law and unsafe or unsound banking practices. |
Terrance Yates | Chief Financial Officer; Quality Concepts LLC | 02-10-2014 | Country Bank | Sentenced to 1 day in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1956 Laundering of monetary instruments; 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity. |
Carmine Fusco | Title Agent; East Coast Title | 02-04-2014 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 2 years 3 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Michael E. Filmore | Operator; Healthcare Partners Group LLC | 12-20-2013 | Pulaski Bank | Sentenced to 4 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Lawrence Wright | Owner; Wright and Associates | 10-29-2013 | GulfSouth Private Bank | Sentenced to 6 years 3 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1956(h) Conspiracy to commit money laundering; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1341 Mail Fraud; 18 U.S.C. § 1028 Fraud and related activity in connection with identification documents and information; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Salvatore Leone | Project Manager; TBC Enterprises LLC, North Dover Holdings LLC, Shoppes at Fieldstone Village LLC | 10-07-2013 | Wilmington Trust Corporation | Sentenced to 1 year 1 day in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Steven Pitchersky | Co-Owner; Nationwide Mortgage Concepts | 09-23-2013 | Ally Bank | Sentenced to 4 years 3 months in prison. Convicted of violating 18 U.S.C. § 1343 Wire Fraud. |
Tariq Khan | Owner; Urban Motors Corporation | 09-03-2013 | Old Second National Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Patrick Pinto | Co-Owner; Oxford Collection Agency | 06-17-2013 | Webster Bank | Sentenced to 2 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Dwight Etheridge | Owner; Tivest Development & Construction LLC | 05-24-2013 | Bank of the Commonwealth | Sentenced to 4 years 2 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. |
Mark W. Shoemaker | Member; Burnt Pine Properties LLC | 03-22-2013 | GulfSouth Private Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Michael Bradley Bowen | Partner; United Cellular | 03-21-2013 | GulfSouth Private Bank | Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
William Cody | Owner; C & C Holdings LLC | 02-26-2013 | GulfSouth Private Bank | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Brandi Dukes | Manager; Dukes Auto Collision Repair | 12-27-2012 | First Community Bank; U.S. Bank | Sentenced to 5 years probation. Convicted of violating 18 U.S.C. § 4 Misprision of Felony. |
Carlos Novelli | Chief Operating Officer; Oxford Collection Agency | 12-18-2012 | Webster Bank | Sentenced to 3 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Charles Harris | Co-Owner; Oxford Collection Agency | 12-17-2012 | Webster Bank | Sentenced to 4 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Randall Silver | Chief Financial Officer; Oxford Collection Agency | 12-13-2012 | Webster Bank | Sentenced to 5 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1343 Wire Fraud. |
Edward S. Polen | Owner; Polen's Lawn Care | 12-10-2012 | F&M Bank; Fifth Third Bank; First Bank; The Bank of Nashville; Synovus Bank | Sentenced to 5 years 11 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1341 Mail Fraud; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity. |
Lauretta Horton | Controller; American Mortgage Specialists, Inc | 11-29-2012 | BNC National Bank | Sentenced to 2 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
David Kaufman | Auditor; American Mortgage Specialists, Inc | 11-29-2012 | BNC National Bank | Sentenced to 2 years probation. Convicted of violating 18 U.S.C. § 1503 Obstruction of Justice. |
Clint Dukes | Owner; Dukes Auto Collision Repair | 11-28-2012 | First Community Bank; U.S. Bank | Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Scott Powers | Chief Executive Officer; American Mortgage Specialists, Inc | 10-19-2012 | BNC National Bank | Sentenced to 8 years in prison and ordered to pay $28,564,470 in joint and several restitution; $28,564,470 forfeiture. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
David McMaster | Vice President; American Mortgage Specialists, Inc | 10-19-2012 | BNC National Bank | Sentenced to 15 years 8 months in prison and ordered to pay $28,564,470 in joint and several restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Joseph D. Wheliss | Owner; National Embroidery Works Inc | 10-05-2012 | Pinnacle National Bank | Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Thomas Arney | Owner; Body Shop Go-Go Club, Bootleggers, Maxwell's Tavern | 08-24-2012 | Bank of the Commonwealth | Sentenced to 2 years 3 months in prison. Convicted of violating 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1001 Statements or entries generally. |
George Hranowskyj | Owner; Operator 345 Granby LLC, Norfolk Property Development LLC | 07-12-2012 | Bank of the Commonwealth | Sentenced to 14 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Ricardo Lewis | Project Manager; Tivest Development & Construction LLC | 05-14-2012 | Bank of the Commonwealth | Sentenced to 5 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Richard Pinto | Owner; Oxford Collection Agency | 05-11-2012 | Webster Bank | Sentenced to 5 years in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1343 Wire Fraud. Sentence vacated and charges dismissed due to death. |
Peter Pinto | Owner; Oxford Collection Agency | 05-11-2012 | Webster Bank | Sentenced to 4 years in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1343 Wire Fraud. |
Eric Menden | Owner; Operator 345 Granby LLC, Norfolk Property Development LLC | 04-20-2012 | Bank of the Commonwealth | Sentenced to 11 years 6 months in prison. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Christopher Woods | Owner; Champion Construction LLC | 04-12-2012 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1343 Wire Fraud. |
Delton De Armas | Chief Financial Officer; Taylor Bean & Whitaker | 03-20-2012 | Colonial Bank | Sentenced to 5 years in prison. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Troy A. Fouquet | Owner; Team Management LLC, TRISA LLC | 03-15-2012 | First Community Bank | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. |
Matthew Amento | Owner; Residential Real Estate | 03-06-2012 | Citigroup Inc.; Bank of America; PNC Bank; U.S. Bank; Wells Fargo Bank | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1343 Wire Fraud. |
Thomas Fu | Chief Financial Officer, Secretary, Treasurer; Galleria USA | 01-26-2012 | Bank of America; Cathay Bank; City National Bank; United Commercial Bank | Sentenced to 1 year 9 months in prison and ordered to pay $4,700,000 in joint and several restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Cheri Fu | President, Owner; Galleria USA | 01-26-2012 | Bank of America; Cathay Bank; City National Bank; United Commercial Bank | Sentenced to 3 years in prison and ordered to pay $4,700,000 in joint and several restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. |
Robert Ilunga | Operator; Weikele Properties Corp | 01-18-2012 | Goldman Sachs Bank; JPMorgan Chase Bank; Wells Fargo Bank | Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Winston Shillingford | Co-Owner; Weikele Properties Corp | 10-19-2011 | Goldman Sachs Bank; JPMorgan Chase Bank; Wells Fargo Bank | Sentenced to 4 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Marleen Shillingford | Co-Owner; Weikele Properties Corp | 10-12-2011 | Goldman Sachs Bank; JPMorgan Chase Bank; Wells Fargo Bank | Sentenced to 3 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1956(h) Conspiracy to commit money laundering. |
Natallia Green | No Title | 09-15-2011 | Bank of the Commonwealth | Sentenced to 5 years probation. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. |
Francesco Mileto | Real Estate Broker | 05-02-2011 | Orion Bank | Sentenced to 5 years 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. |
Lee B. Farkas | Chairman; Taylor Bean & Whitaker | 04-19-2011 | Colonial Bank | Sentenced to 30 years in prison and ordered to pay $3,507,840,682 in joint and several restitution; $38.5 million forfeiture. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1348 Securities Fraud. As a result of securities law violation charges by the SEC, a federal court prohibited further securities laws violations. Also prohibited from serving in a senior management or control position at any mortgage-related company or other financial institution, and holding any position involving financial reporting or disclosure at any public company whose stock is publicly traded. |
Paul Allen | Chief Executive Officer; Taylor Bean & Whitaker | 04-01-2011 | Colonial Bank | Sentenced to 3 years 4 months in prison and ordered to pay $2,612,007,007 in joint and several restitution. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. As a result of securities fraud charges by the SEC, a federal court prohibited further securities laws violations. |
Sean Ragland | Senior Financial Analyst; Taylor Bean & Whitaker | 03-31-2011 | Colonial Bank | Sentenced to 3 months in prison and ordered to pay $2,611,909,882 in joint and several restitution. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the OTS for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and/or breach of fiduciary duty. |
Raymond Bowman | President; Taylor Bean & Whitaker | 03-14-2011 | Colonial Bank | Sentenced to 2 years 6 months in prison and ordered to pay $500,622,007 in joint and several restitution. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the OTS for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and/or breach of fiduciary duty. |
Desiree Brown | Treasurer; Taylor Bean & Whitaker | 02-24-2011 | Colonial Bank | Sentenced to 6 years in prison and ordered to pay $3,507,840,682 in joint and several restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Banned from participating in the affairs of financial institutions by the OTS for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and/or breach of fiduciary duty. |
Carlos Peralta | No Title | 01-03-2011 | The Park Avenue Bank | Sentenced to 1 year in prison. Convicted of violating 18 U.S.C. § 1343 Wire Fraud. |
Christopher Loving | Owner; Top Shelf Investments | 06-24-2010 | Omni National Bank | Sentenced to 3 years probation. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally. |
Delroy Davy | Owner; Quantum Builders LLC, Jamsen Properties LLC | 05-11-2010 | Omni National Bank | Sentenced to 14 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1343 Wire Fraud. |
Brent Merriell | No Title | 03-23-2010 | Omni National Bank | Sentenced to 3 years 3 months in prison. Convicted of violating 18 U.S.C. § 1028 Fraud and related activity in connection with identification documents and information; 18 U.S.C. § 1007 False Statements to FDIC. |
Mark Anthony McBride | No Title | 04-24-2009 | Omni National Bank | Sentenced to 16 years 2 months in prison and ordered to pay $2,197,529 in restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 152 Concealment of assets, false oaths and claims, bribery. |