Press Statements and Releases
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Former CEO and Former Chief Loan Officer of Failed Sonoma Valley Bank Convicted after Trial of Bank Fraud and Other Crimes
Press Releases December 20, 2017Risk of Asbestos Exposure, Illegal Dumping, and Contaminated Soil Found in Federal Blight Elimination Program
Press Releases November 21, 2017Former Vice President at Two TARP Banks Sentenced to 78 Months in Federal Prison for Fraud and Identity Theft
Press Releases November 17, 2017RBS Agrees to Pay $35 Million Penalty Related to Securities Fraud Scheme
Press Releases October 26, 2017Man Charged with Theft from Government for Defrauding a TARP Bank
Press Releases October 25, 2017SIGTARP Receives Award of Excellence for Oversight of the Hardest Hit Fund in Nevada
Press Releases October 19, 2017Conspirator Sentenced to 30 Months in Federal Prison for Wire Fraud
Press Releases October 13, 2017Mismanagement of the Hardest Hit Fund in Georgia
Press Releases October 13, 2017Final Defendent Sentenced in Pierce Commercial Mortgage Fraud Investigation
Press Releases September 25, 2017State Housing Agencies Charged $3 Million in Unnecessary Expenses to the Hardest Hit Fund
Press Releases August 25, 2017Former Vice President at Two TARP Banks Guilty of Identity Theft and Fraud
Press Releases August 17, 2017Banker Sentenced to Prison for Fraud Scheme at Bank Where TARP Suffered Tens of Millions in Losses
Press Releases August 01, 2017Fraudsters Sentenced to Federal Prison for Operating Nationwide Home Mortgage Scam
Press Releases July 19, 2017Former President of Failed TARP Bank Sentenced to Prison for Bank Fraud Scheme
Press Releases June 29, 2017Former Nomura RMBS Trader Convicted of Fraud Conspiracy
Press Releases June 15, 2017Former RMBS Trader Sentenced to 2 Years in Prison, Fined $2 Million, for Securities Fraud
Press Releases April 26, 2017Former Tennessee Commerce Bank Executive Pleads Guilty to Deceiving Federal Regulators
Press Releases April 24, 2017Fraudsters Convicted of Operating Nationwide Mortgage Scam
Press Releases April 21, 2017Conspirator of TARP Bank Officer Admits Scheme to Defraud Movie Finance Company
Press Releases March 31, 2017Multiple Individuals Charged in Sweeping Mortgage Fraud Conspiracy
Press Releases March 24, 2017Former Bank Officers and Borrower Convicted in Bank Fraud Scheme
Press Releases March 13, 2017Defendant in Multi-Million Dollar Scheme to Deceive Homeowners into Selling Their Homes Extradited From Ukraine
Press Releases March 10, 2017Long Island Man Sentenced To 15 Years In Prison For Defrauding Homeowners In Loan Modification Scheme
Press Releases March 07, 2017Former Tennessee Commerce Bank Executive Charged with Deceiving Federal Regulators
Press Releases February 07, 2017Former RMBS Trader Convicted of Securities Fraud after Retrial
Press Releases January 27, 2017Former NOVA Bank Chairman Sentenced to 11 Months in Prison
Press Releases January 23, 2017Most People Denied Hardest Hit Fund Assistance Earned Less Than $30,000
Press Releases January 11, 2017Former Gulfsouth Private Bank President & Vice President Charged in Bank Fraud Scheme
Press Releases December 16, 2016Indictment Charges Former Cantor Fitzgerald RMBS Trader with Securities Fraud
Press Releases December 09, 2016Ally Financial Agrees to pay $52 Million to Resolve Investigation into Improper Conduct Related to Issuance of Mortgage-Backed Securities
Press Releases November 21, 2016Former NOVA Bank president and chief executive officer Brian Hartline sentenced to 14 months in federal prison
Press Releases November 14, 2016Board Members of TARP Recipient Premier Bank Sentenced in Criminal Fraud Scheme
Press Releases November 01, 2016Bank Loan Officer Who Demanded Kickbacks as Part of Multi-Million Mortgage Fraud Scheme Sentenced to Federal Prison
Press Releases October 26, 2016SIGTARP Recieves Excellence Award for Investigation into GM's Deadly Ignition Switch Defect
Press Releases October 21, 2016Former Vice President of Wholesale Company Sentenced to more than Five Years in Prison for Role in $9 Million Bank Fraud Scheme
Press Releases August 17, 2016More Than 100 Bankers Investigated by SIGTARP Have Been Charged with Committing Crime or Civil Fraud
Press Releases August 09, 2016Ringleader of Mortgage Loan Modification Scheme Sentenced to More Than 9 Years in Prison
Press Releases July 18, 2016CA Man Found Guilty of Orchestrating $31M Mortgage Mod Fraud Scheme with Over 30K Victims Nationwide
Press Releases May 04, 2016Two Men Indicted in Scheme to Defraud Lender
Press Releases April 28, 2016Jury Delivers Guilty Verdicts in Fraud Scheme to Get Bailout Funds
Press Releases April 27, 2016Banker Shaun Hayes and Real Estate Developer Michael Litz Indicted on Bank Fraud Charges
Press Releases April 15, 2016Goldman Sachs Agrees to Pay More Than $5 Billion in Connection with its Sale of Residential Mortgage Backed Securities
Press Releases April 11, 2016California Wholesale Executive Pleads Guilty for Role in $9 Million Bank Fraud Scheme
Press Releases March 31, 2016Five CA Residents Plead Guilty to Defrauding Homeowners in Nationwide Home Loan Modification Scam
Press Releases March 30, 2016Delaware Real Estate Developer Pleads Guilty to Bank Fraud and Environmental Violation
Press Releases March 28, 2016Former CEO of $3 Billion TierOne Bank Sentenced to 11 Years in Prison
Press Releases March 23, 2016Ringleader of Mortgage Loan Modification Scheme Pleads Guilty
Press Releases March 22, 2016Former TARP Bank CEO and President Sentenced to 84 Months in Federal Prison and Ordered to Pay $3.9M Restitution
Press Releases February 25, 2016Recruiter in Multi-Million Dollar Mortgage Fraud Scheme Sentenced to Prison
Press Releases February 24, 2016Morgan Stanley Agress to $2.6 Billion RMBS Penalty
Press Releases February 12, 2016SEC Announces Fraud Charges Against 11 Bank Officers and Directors from Superior Bank and Superior Bancorp, Inc.
Press Releases January 14, 2016Former Beverly Hills Bank Exec Charged in Loan Fraud that Resulted in $33 Million in Losses and Contributed to Bank Failure
Press Releases January 13, 2016First TARP Recipient Institution Indicted
Press Releases January 06, 2016Three Charged in New York Multimillion Dollar Scheme to Deceive Homeowners into Selling Distressed Properties
Press Releases December 23, 2015NY Businessman Sentenced to 37 Months in Federal Prison for Conspiring to Make False Statements to a Bank
Press Releases December 23, 2015RBS Supervisor Pleads Guilty to Conspiracy to Commit Multimillion Dollar Securities Fraud
Press Releases December 22, 2015CA Man Charged in Multimillion Dollar Scheme Related to Fraudulent Lawsuits
Press Releases December 22, 2015Jury Returns Guilty Verdict for IL Couple who Defrauded TARP Bank
Press Releases December 18, 2015More Than 300 Defendants Investigated By SIGTARP Have Been Criminally Charged
Press Releases December 14, 201516 Charged in Money Laundering Schemes Orchestrated by Former TARP Bank CEO
Press Releases December 11, 2015California woman sentenced to 18 years in federal prison and over $6 million restitution for orchestrating mortgage modification scam.
Press Releases December 08, 2015Former President and CEO of Tifton Banking Company, a Failed TARP Bank, Pleads Guilty to Bank Fraud Conspiracy.
Press Releases December 04, 2015Former President and CEO of TARP Applicant Gateway Bank Sentenced to Prison for Bank Fraud Conspiracy
Press Releases December 02, 2015TARP Recipient Senior Vice President Sentenced to Prison for Embezzlement
Press Releases December 02, 2015Calif. Mortgage Mod Scammer Sentenced to Six Years in Federal Prison
Press Releases November 24, 2015Massachusetts Executives Convicted in Mortgage Fraud Conspiracy
Press Releases November 18, 2015Ex-CEO of Nebraska’s TierOne Bank Convicted by Jury
Press Releases November 06, 2015Media Agency Owner Sentenced for HAMP False Advertising
Press Releases November 06, 2015Couple Sentenced to More Than 10 years in Prison for Hamp Mortgage Modification Fraud Victimizing Over 400 homeowners
Press Releases October 29, 2015SIGTARP Recognized for Excellence in Investigations and Auditing
Press Releases October 22, 2015Mortgage Modification Scammer Sentenced to Federal Prison and to Pay Over $6 Million in Restitiution
Press Releases October 20, 2015Four Million Dollar Settlement of TARP False Claims Act
Press Releases October 19, 2015Delaware Developer Sentenced to One Year and One Day in Federal Prison for Bank Fraud Conspiracy
Press Releases October 08, 2015Two NY Men Indicted for Defrauding Homeowners in Mortgage Mod Scheme
Press Releases October 07, 2015Fifth Third Bancorp Settlement
Press Releases October 06, 2015California Woman Sentenced to 70 Months in Federal Prison for Mortgage Mod Scam
Press Releases October 06, 2015Four Sentenced to Federal Prison for 21st Century Mortgage Refinance Scheme
Press Releases September 29, 2015Two Plead Guilty in $18.5M Mortgage Modification Scheme
Press Releases September 22, 2015Goldsmith Romero Remarks on GM Deferred Prosecution
Press Releases September 17, 2015GM Criminally Charged and Pays $900 Million
Press Releases September 17, 2015Former Nomura RMBS Traders Charged with Multiple Fraud and Conspiracy Offenses
Press Releases September 08, 2015Former UCB Chief Credit Officer Sentenced to Over Eight Years for TARP Bank Failure
Press Releases September 01, 2015Westchester Businessman Pleads Guilty to Conspiring to Make False Statements to a Bank and Filing Materially False Federal Tax Returns
Press Releases August 28, 2015Former President and CEO of the Park Avenue Bank Sentenced to Prison for Fraud Against the Troubled Asset Relief Program
Press Releases August 20, 2015Senior TARP Bank Executive Pleads Guilty To Embezzlement
Press Releases August 13, 2015Owner of Media Agency That Advertised HAMP Mortgage Assistance Pleads Guilty to False Advertising
Press Releases August 13, 2015Former Loan Officer Sentenced in Multi-Million Dollar Mortgage Fraud Scheme
Press Releases August 12, 2015Four Former Wilmington Trust Executives Indicted
Press Releases August 07, 2015200 Defendants Investigated by SIGTARP Convicted of TARP-Related Crimes
Press Releases July 30, 2015New Jersey Man Sentenced to Two Years in Federal Prison for Role in $5 Million Mortgage Fraud Scheme
Press Releases July 29, 2015California Man Sentenced to Federal Prison for Million Dollar Fraud Schemes
Press Releases July 24, 2015Three Charged in Investment Schemes Causing Millions in Losses
Press Releases July 17, 2015California Woman Sentenced to 45 Months in Federal Prison for Role in Massive Foreclosure Rescue Scam
Press Releases July 17, 2015Investment Executive Sentenced to 21 Months in Federal Prison for $37.5 Million Insurance Fraud Scheme
Press Releases July 16, 2015Estate of TARP Bank President Sued to Recover $17.3 Million Investment in TARP Bank
Press Releases July 08, 2015Seven Californians Indicted for Defrauding TARP Banks in $3 Million Mortgage Fraud Conspiracy
Press Releases June 26, 2015Former TARP Bank Senior Vice President Sentenced to Federal Prison for Bailout-Related Crime
Press Releases June 17, 2015Kentucky Businessman Sentenced to 12 Years in Prison for $53 Million Tax Scheme, Fraud
Press Releases June 11, 2015Former TARP Bank Loan Officer Sentenced to Federal Prison
Press Releases June 10, 2015Three Californians Convicted of Operating Multimillion-Dollar Mortgage Modification Scam
Press Releases June 10, 2015100 Defendants Investigated by SIGTARP Have Been Sentenced to Prison
Press Releases May 26, 2015Three Men Charged in Multi-Million Dollar Scheme to Deceive Homeowners into Selling Their Homes
Press Releases May 22, 2015Illinois Businessman Sentenced to Federal Prison for Making False Statements to a TARP Bank
Press Releases May 22, 2015Former President and CEO of TARP Applicant Gateway Bank Pleads Guilty to Bank Fraud Conspiracy
Press Releases May 07, 2015Former Chief Credit Officer and Former Controller at TARP Recipient Wilmington Trust Indicted for False Statements
Press Releases May 07, 2015Former Officer at TARP Bank Convicted of Wire Fraud in Real Estate Deal
Press Releases April 06, 2015Florida Man Sentenced to More Than 11 Years in Federal Prison for Mortgage Relief Scam
Press Releases March 27, 2015Romero Remarks on the Conviction of Former UCB COO Shabudin
Press Releases March 26, 2015Senior TARP Bank Executive Indicted for Embezzlement
Press Releases March 26, 2015Former United Commercial Bank COO Convicted of Securities Fraud and Other Corporate Fraud
Press Releases March 26, 2015Former TARP Bank Loan Officer Pleads Guilty to Bank Fraud
Press Releases March 26, 2015Former Bank President Pleads Guilty to Bank Fraud and Money Laundering
Press Releases March 17, 2015Senior RBS Trader Admits to Defrauding Customers in Multimillion Dollar Securities Fraud Scheme
Press Releases March 11, 2015California Man Sentenced to 24 Years in Federal Prison for Leading Massive Foreclosure Rescue Scam
Press Releases March 06, 2015Six Charged in $33 Million Mortgage Modification Scam
Press Releases March 06, 2015Investment Executive Pleads Guilty to Participating in $30 Million Insurance Fraud Scheme
Press Releases February 27, 2015Former Bank of America Senior Vice President Pleads Guilty to Misapplication of Bank Funds
Press Releases February 26, 2015Los Angeles-Area Executive Arrested in $9 Million Bank Fraud Scheme Against TARP Banks
Press Releases February 24, 2015Las Vegas Man Sentenced to Five Years in Federal Prison for Role in Multi-Million Dollar Mortgage Fraud Scam
Press Releases February 20, 2015$1.48 Billion Recovered as a Result of SIGTARP Investigations
Press Releases February 03, 2015Florida Man Sentenced to 21 Months in Federal Prison for $433,000 Fraud
Press Releases January 23, 2015Former Chairman and President of TARP Applicant Bank Charged in Scheme to Obtain Bailout Funds
Press Releases January 20, 2015Former Vice President at TARP Applicant Bank Convicted of Bank Fraud
Press Releases January 15, 2015Former TARP Bank Loan Officer Indicted on Embezzlement Charges
Press Releases January 06, 2015Kentucky Businessman Pleads Guilty to $53 Million Tax Scheme and Massive Fraud
Press Releases December 30, 2014Florida Man Pleads Guilty in Mortgage Modification Scam
Press Releases December 19, 2014Florida Man Sentenced to 37 Months in Federal Prison for $433,000 Fraud Scheme
Press Releases December 12, 2014Former CEO of TARP Applicant Bank Charged in Scheme to Defraud Shareholders and Mislead Regulators
Press Releases December 11, 2014Former Chief Financial Officer of TARP Bank Convicted of Conspiracy to Mislead Auditors
Press Releases December 11, 2014California Man Sentenced to Additional Time in Federal Prison for Failing to Surrender for Sentence
Press Releases December 09, 2014Former Bank President Sentenced to Two Years in Federal Prison for Bank Fraud and Money Laundering
Press Releases November 25, 2014Former Loan Officer at TARP Bank Pleads Guilty to Accepting a Gift for Procuring Loans
Press Releases November 13, 2014Former Bank President Indicted on Bank Fraud and Money Laundering Charges
Press Releases November 10, 2014Former Executives of TARP Recipient Charged with Defrauding Another TARP Recipient, U.S. Treasury Program
Press Releases October 31, 2014Former CFO of TARP Recipient Charged with Conspiracy to Mislead Auditors
Press Releases October 31, 2014SIGTARP Recognized for Excellence in Investigations and Auditing
Press Releases October 22, 2014Former TARP Bank Branch Manager Sentenced for Conspiracy to Commit Bank Fraud
Press Releases October 17, 2014Former Federal Contractor Sentenced for Accessing Government Website Servers without Authorization
Press Releases October 10, 2014Colorado Men Sentenced for Scheme to Defaud TARP Bank
Press Releases October 07, 2014Kansas Man Sentenced for Fraudulently Obtaining a HAMP Mortgage Modification
Press Releases October 02, 2014New York Businessman Charged in $146 Million Fraud Scheme
Press Releases September 19, 2014California Man Convicted in Multimillion Dollar Mortgage Fraud Scheme
Press Releases September 16, 2014Former TierOne Bank Executive Pleads Guilty in Fraud Scheme
Press Releases September 11, 2014Owners of Kansas City-Area Construction Company Charged with Defrauding TARP Bank and Tax Evasion
Press Releases September 09, 2014Kansas City-Area Businesswoman Charged with Defrauding TARP Bank
Press Releases August 14, 2014Three Charged in Connection with $18.5 Million Mortgage Modification Scheme
Press Releases August 07, 2014Kansas Business Executive Pleads Guilty to Defrauding TARP Bank
Press Releases August 05, 2014Former Officer at TARP Bank Wilmington Trust Pleads Guilty to Conspiracy Charges
Press Releases August 04, 2014Romero Remarks on $1.27 Billion Civil Penalty Ordered against $45 Billion TARP Recipient Bank of America
Press Releases July 30, 2014Four California Men Indicted for Nationwide Home Loan Modification Scam Targeting Struggling Homeowners
Press Releases July 24, 2014Former Senior RMBS Trader Sentenced to Federal Prison
Press Releases July 23, 2014Former Lender at TARP Recipient Indicted on Bank Fraud and Illegally Benefiting in Customer Transactions
Press Releases July 16, 2014Former Federal Employee Pleads Guilty to Accessing Government Website Servers without Authorization
Press Releases July 14, 2014Chicago Car Dealer Sentenced for Defrauding TARP Bank
Press Releases July 10, 2014$320 Million Non-Prosecution Agreement Reached with TARP Recipient SunTrust Bank
Press Releases July 03, 2014Senior Executive at TARP Bank Pleads Guilty to Making False Statements on a Loan Application
Press Releases June 27, 2014Florida Man Pleads Guilty in Fraud Scheme
Press Releases June 20, 2014California Man Sentenced to 27 Months in Federal Prison for Investment Scheme
Press Releases June 17, 2014Owner of Florida Debt Collections Firm Charged in $76 Million Fraud Scheme
Press Releases June 11, 2014Two Connecticut Men Face Additional Charges in Life Insurance Scheme
Press Releases June 04, 2014Missouri Man Sentenced to Four Years in Federal Prison for Defrauding TARP Bank
Press Releases May 29, 2014California Man Sentenced to 51 Months in Federal Prison for Defrauding TARP Recipient
Press Releases May 28, 2014Former CFO of Massive TARP Recipient Bank of America Barred for 18 Months from Serving as Officer or Director of any Public Company
Press Releases May 02, 2014Maryland Man Sentenced to Federal Prison for Defrauding Thousands of Homeowners in $4 Million Nationwide Home Loan Modification Scam
Press Releases April 25, 2014Former Loan Officer Admits Role in Multi-Million Dollar Mortgage Fraud Scheme
Press Releases April 24, 2014Former TARP Bank President/CEO and Chief Lending Officer, Two Others Indicted in Massive Bank Fraud Scheme
Press Releases April 10, 2014Former Bank Collections Manager Sentenced for Accepting Bribes
Press Releases April 09, 2014Missouri Businessmen Plead Guilty to Defrauding TARP Bank
Press Releases April 09, 2014Former TARP Bank Executive Indicted in Bank Fraud Conspiracy
Press Releases April 03, 2014Former President and CEO of TARP Applicant Bank Charged with Bank Fraud, Conspiracy, and Perjury
Press Releases April 02, 2014Former CEO of Massive TARP Recipient Bank of America Barred for Three Years from Serving as Officer or Director of Any Public Company
Press Releases April 02, 2014Loan Officer at TARP Bank Pleads Guilty to Bank Fraud, Accepting Kickbacks
Press Releases March 27, 2014New York Man Sentenced to Nine Years in Federal Prison for Operating Mortgage Modification Scam
Press Releases March 21, 2014Jefferies LLC Agrees to Pay $25 Million Related to Fraudulent RMBS Trading Activity
Press Releases March 12, 2014Former Senior RMBS Trader Convicted of Defrauding TARP
Press Releases March 07, 2014Florida Man Sentenced to Federal Prison for Defrauding Thousands of Homeowners in $4 Million Nationwide Home Loan Modification Scam
Press Releases February 26, 2014Former Officer of TARP Bank Charged with Fraud in Real Estate Deal
Press Releases February 25, 2014Two Florida Men Sentenced to Seven Years in Federal Prison for Defrauding Thousands of Homeowners in $4 Million Nationwide Home Loan Modification Scam
Press Releases February 20, 2014Former Officer at TARP Bank Wilmington Trust Charged with Bank Fraud, Bribery, and Money Laundering
Press Releases February 07, 2014Connecticut Man Sentenced to Federal Prison for Mortgage Scam that Defrauded TARP Banks
Press Releases February 04, 2014TARP Investment Adviser Charged with Illegally Trading Securities
Press Releases January 29, 2014New York Couple Sentenced to Federal Prison for Mortgage Scam that Defrauded TARP Banks
Press Releases January 29, 2014Former Bank Collections Manager Pleads Guilty to Taking Bribes from Collections Agency
Press Releases January 16, 2014Florida Man Sentenced to 75 Months in Federal Prison for Bank Fraud, Money Laundering, and ID Theft
Press Releases January 16, 2014Three Missouri Men Charged with Defrauding TARP Bank
Press Releases January 13, 2014Two Connecticut Men Indicted in Stranger-Originated Life Insurance Scam
Press Releases January 07, 2014Former Tennessee Commissioner Sentenced to 71 Months in Federal Prison for $16 Million Ponzi Scheme
Press Releases December 23, 2013CEO of Debt Collection Agency Sentenced to Four Years in Federal Prison for $10 Million Fraud Scheme
Press Releases December 20, 2013Former Delaware Bank President Pleads Guilty to Bank Fraud and Money Laundering
Press Releases December 18, 2013TARP Recipient Fifth Third Bank and Former Bank CFO Charged for Improper Accounting of Loan Losses during Financial Crisis
Press Releases December 06, 2013California Man Sentenced to Federal Prison for ‘Foreclosure Rescue’ Scam
Press Releases December 05, 2013Former U.S. Bank Manager Pleads Guilty to Taking Bribes from Collections Agency that Defrauded TARP Banks
Press Releases November 25, 2013Two Florida Men Convicted of Defrauding Homeowners in Home Loan Modification Scam
Press Releases November 19, 2013SIGTARP Investigations Team Recognized for Excellence
Press Releases November 19, 2013Former TARP Bank Official Charged with Bank Fraud and Money Laundering
Press Releases November 12, 2013Former CEO of TARP Applicant Bank Sentenced to 23 Years in Federal Prison for Massive Bank Fraud
Press Releases November 06, 2013Tennessee Businessman Sentenced to Two Years in Federal Prison for Defrauding TARP Bank
Press Releases October 31, 2013Seven Charged in Connection with Nationwide Multi-Million Dollar Mortgage Fraud Scheme
Press Releases October 24, 2013Delaware Developer Pleads Guilty to Defrauding TARP Bank
Press Releases October 08, 2013Son of Bank of the Commonwealth CEO Sentenced to Eight Years in Federal Prison for Massive Fraud that Led to Collapse of the TARP Applicant Bank
Press Releases October 01, 2013California Attorney Sentenced to Seven Years in Federal Prison for Obstructing Investigation into $22 Million Ponzi Scheme
Press Releases September 23, 2013Va. Developer Sentenced to 50 Months in Federal Prison for Role in Massive Fraud at TARP Applicant Bank
Press Releases September 18, 2013Former Executive of TARP Applicant Bank Sentenced to 17 Years in Federal Prison for Massive Fraud
Press Releases September 16, 2013Perpetrators of Nationwide Foreclosure Rescue Scam Sentenced to Federal Prison
Press Releases September 13, 2013Two Arrested in Foreclosure Rescue Scam
Press Releases September 13, 2013Bank Chairman Admits TARP Funds Used to Purchase Luxury Vacation Property
Press Releases August 27, 2013Four Sentenced to Prison for California-Based Mortgage Modification Scheme
Press Releases August 06, 2013Former 12-Year Federal Fugitive Sentenced to 11 Years in Prison for Nationwide Foreclosure Scam
Press Releases August 06, 2013Chairman and Senior Executives of TARP Recipient Premier Bank Charged in Criminal Fraud Scheme
Press Releases August 06, 2013Officers of Arizona Mortgage Originator Sentenced for $28 Million Fraud Conspiracy Against TARP Recipient BNC National Bank
Press Releases July 01, 2013Former Connecticut Bishop Sentenced to Federal Prison for Ponzi Scheme and Laundering Proceeds through a TARP Bank
Press Releases June 28, 2013Former President of TARP Bank Pleads Guilty to Bank Fraud
Press Releases June 21, 2013Executive at Debt Collection Agency Pleads Guilty to Bribing Bank Official for Collections Business
Press Releases June 18, 2013CEO, Senior Executives, and Borrower Convicted in Massive Fraud Scheme that Led to Collapse of TARP Applicant Bank of the Commonwealth
Press Releases May 24, 2013Perpetrators of Nationwide Foreclosure Rescue Scam Plead Guilty to Fraud
Press Releases May 14, 2013Illinois Businessman Indicted for Defrauding TARP Bank
Press Releases May 10, 2013Former Senior Officer at TARP Recipient Wilmington Trust Pleads Guilty to Bank Fraud Conspiracy
Press Releases May 08, 2013Former 12-Year Federal Fugitive Pleads Guilty to Fraud and ID Theft in Massive, Nationwide Foreclosure Scam
Press Releases April 09, 2013Former Bank President and Conspirator Sentenced to Federal Prison for Bank Fraud Conspiracy
Press Releases April 05, 2013Former Officer of Defunct Bank Sentenced to Federal Prison for Bank Fraud Conspiracy
Press Releases April 05, 2013California Fund Manager Sentenced to 10 Years in Federal Prison for $24 Million Fraud Scheme Involving Fake TARP-Backed Securities
Press Releases March 19, 2013California Couple Sentenced to Federal Prison for Defrauding TARP Banks
Press Releases March 15, 2013Former U.S. Bank Manager Charged with Taking Bribes from Collections Agency that Defrauded TARP Banks
Press Releases February 27, 2013California Man Charged with Bankruptcy Fraud Related to Foreclosure-Rescue Scam
Press Releases February 22, 2013Former Connecticut Bishop Pleads Guilty to Wire Fraud and to Laundering Proceeds through a TARP Bank
Press Releases February 20, 2013Chairman of Debt Collection Agency Sentenced to Five Years in Prison for Role in $12 Million Fraud Scheme and TARP Bank Fraud
Press Releases February 01, 2013Delaware Developer Indicted for Defrauding a TARP Bank and for Money Laundering
Press Releases January 30, 2013Connecticut RMBS Trader Charged with Securities Fraud, Defrauding TARP Program
Press Releases January 28, 2013Missouri Woman Pleads Guilty to Role in $2.8M Bank Fraud against Two TARP Banks
Press Releases December 28, 2012Executives at Debt Collection Agency Admit Roles in $10 Million Fraud Scheme and TARP Bank Fraud
Press Releases December 19, 2012Alleged California-Based Nationwide Mortgage Modification Scam Shut Down
Press Releases December 12, 2012Former Director of Accounting and Outside Auditor for Arizona Mortgage Originator Plead Guilty to Roles in Fraud against TARP Recipient BNC National Bank
Press Releases November 30, 2012Missouri Businessman Pleads Guilty to $2.8M Bank Fraud Against Two TARP Banks
Press Releases November 28, 2012Former Law Firm Partner Convicted of Obstructing a Federal Investigation
Press Releases November 14, 2012Bank of America Sued for Over $1 Billion for Multi-Year Mortgage Fraud Against Fannie Mae and Freddie Mac
Press Releases October 25, 2012Officers of Arizona Mortgage Originator Plead Guilty to $27M Fraud Conspiracy against TARP Recipient BNC National Bank
Press Releases October 22, 2012Virginia Businessman Sentenced to 14 Years in Federal Prison for $41 Million Bank Fraud Scheme and Tax Scam
Press Releases October 16, 2012SIGTARP Investigations and Audit Teams Recognized for Excellence
Press Releases October 16, 2012Financial Fraud Enforcement Task Force Members Reveal Results of Distressed Homeowner Initiative
Press Releases October 10, 2012Kentucky Businessman, Senior Park Avenue Bank Official, and Financial Services Executive Charged in Fraud Schemes
Press Releases October 01, 2012California Man Charged with Operating Multimillion Dollar Foreclosure Rescue Scheme
Press Releases October 01, 2012Virginia Developer Sentenced to 11.5 Years in Federal Prison for $41 Million Bank Fraud Scheme and Tax Scam
Press Releases September 26, 2012Grand Jury Indicts 11 Linked to a California Mortgage Modification Scam
Press Releases September 12, 2012Virginia Developer and Restaurateur Pleads Guilty to Massive Bank Fraud
Press Releases August 27, 201212-Year Federal Fugitive Indicted for Fraud and ID Theft in Nationwide Foreclosure Scam
Press Releases August 20, 2012President of FirstCity Bank Sentenced to Twelve Years in Federal Prison for Bank Fraud Conspiracy and Perjury
Press Releases August 10, 2012Connecticut Woman Who Ran $2M Ponzi Scheme Sentenced to Eight Years in Federal Prison for Investor Fraud
Press Releases July 30, 2012Operators of California-Based Mortgage Modification Scam Sentenced for Conspiracy to Commit Fraud
Press Releases July 23, 2012CEO of Bank of the Commonwealth, Senior Executives, and Borrowers Indicted in Massive Fraud that Led to the Collapse of the Bank
Press Releases July 12, 2012Former Top Loan Officer at Failed FirstCity Bank Pleads Guilty to Bank Fraud
Press Releases June 27, 2012Operator of Virginia-Based Mortgage Modification Scam Sentenced to 7½ Years in Federal Prison
Press Releases June 26, 2012Former CFO of Taylor, Bean & Whitaker Sentenced to 5 Years in Prison for $2.9B Fraud Scheme
Press Releases June 15, 2012Former President of Orion Bank Sentenced to 6 Years in Federal Prison
Press Releases June 13, 2012Former Fund Manager Pleads Guilty to Defrauding Investors and TARP Banks
Press Releases June 07, 2012SIGTARP, CFPB, and Treasury Issue Mortgage Modification Fraud Alert to Armed Services Community
Press Releases May 24, 2012Operator of National Mortgage Modification Scam Convicted of Fraud
Press Releases May 18, 2012Virginia Real Estate Project Manager Pleads Guilty to Bank Fraud Conspiracy Which Contributed to Collapse of Bank of the Commonwealth
Press Releases May 15, 2012Executives at Debt Collection Agency Admit Roles in $10 Million Fraud Scheme and to Defrauding TARP Bank
Press Releases May 15, 2012Loan Officer at Defunct Bank of the Commonwealth Pleads Guilty to Bank Fraud Conspiracy
Press Releases May 09, 2012Texas Man Sentenced to 61 Months In Federal Prison for Bankruptcy Fraud and Identity Theft In Connection With Nationwide Foreclosure-Rescue Scheme
Press Releases May 04, 2012Former President of First Community Bank of Louisiana Pleads Guilty to Bank Fraud
Press Releases April 27, 2012Connecticut Woman Pleads Guilty to Ponzi Scheme, Deceived TARP Bank
Press Releases April 26, 2012Virginia Developer Pleads Guilty to Massive Bank Fraud which Contributed to Failure of Bank of the Commonwealth
Press Releases April 20, 2012Operator of Virginia-Based Mortgage Modification Scheme Pleads Guilty to Fraud
Press Releases April 10, 2012Former Connecticut Bishop Charged in Alleged Ponzi Scheme and Fraud Impacting TARP Bank
Press Releases March 27, 2012Former Chief Financial Officer of Taylor, Bean & Whitaker Pleads Guilty to Fraud Scheme Which Contributed to the Failures of TBW and Colonial Bank
Press Releases March 20, 2012Louisiana Real Estate Developer Pleads Guilty to Conspiracy to Commit Bank Fraud
Press Releases March 16, 20123 Attorneys Charged In California Loan Modification Scam
Press Releases March 08, 20125 Charged in California-Based Mortgage Modification Fraud Scheme
Press Releases March 02, 2012Former Louisiana Bank President And Conspirator Charged With Bank Fraud
Press Releases February 16, 2012Tennessee Man Charged In Ponzi Scheme For Defrauding Investors And TARP-Recipient Banks
Press Releases February 15, 2012Operators of California-Based Mortgage Modification Scam Plead Guilty To Conspiracy To Commit Fraud
Press Releases February 15, 2012Former President of Orion Bank Pleads Guilty To Bank Fraud and Related Charges
Press Releases February 03, 2012New York Housing Counselor Sentenced For Defrauding 136 Clients Seeking Mortgage Modifications
Press Releases February 02, 2012California Couple Plead Guilty to Federal Fraud Charges For Bilking Banks, Including TARP Banks, Out of Nearly $5 Million
Press Releases January 26, 2012Connecticut Man Pleads Guilty to Decade-Long Mortgage Fraud Scheme
Press Releases January 19, 2012Austin, Texas Man Pleads Guilty to Bankruptcy Fraud and Identity Theft In Connection With Nationwide Foreclosure-Rescue Scheme
Press Releases January 09, 2012Nationwide Foreclosure Rescue Scheme Shut Down; Operator Charged With Bankruptcy Fraud and Identity Theft, Agrees to Plead Guilty
Press Releases December 09, 2011Former Fund Manager Indicted on Federal Charges of Bilking Investors and TARP-Funded Banks Out of More Than $20 Million
Press Releases December 08, 2011SIGTARP, CFPB, and Treasury Form a Joint Task Force to Combat HAMP Mortgage Modification Scams
Press Releases December 01, 2011SIGTARP and California Attorney General Kamala D. Harris Announce Arrests in Stockton, California Foreclosure Scam
Press Releases December 01, 2011SIGTARP Shuts Down Online Mortgage Modification Scams Advertised On Yahoo! and Bing
Press Releases November 21, 2011SIGTARP Shuts Down 85 Online Mortgage Modification Scams Advertised On Google
Press Releases November 16, 2011Top Orion Bank Executives and Borrower are Sentenced to Federal Prison
Press Releases October 27, 2011Former President Of Firstcity Bank Pleads Guilty To Multi-Million Dollar Fraud Conspiracy
Press Releases October 21, 2011SIGTARP Investigations Team Recognized For Excellence
Press Releases October 18, 2011Woman Admits Role In Mortgage Fraud Against TARP-Funded Banks
Press Releases October 13, 2011Former United Commercial Bank Officials Charged With Securities Fraud
Press Releases October 11, 2011Former Buffalo Housing Counselor Pleads Guilty In Connection With Defrauding Clients Seeking Mortgage Modifications
Press Releases October 06, 2011Four Florida Men Charged in Boston with Defrauding Homeowners in Home Loan Modification Scam
Press Releases August 09, 2011Former Chairman of Taylor, Bean & Whitaker Sentenced to 30 Years in Prison and Ordered to Forfeit $38.5 Million
Press Releases June 30, 2011Former Bank Lawyer Indicted in Multi-Million Dollar Fraud and Money Laundering Conspiracies
Press Releases June 24, 2011Former Colonial Bank Senior Vice President Sentenced to 8 Years in Prison for Fraud Scheme
Press Releases June 21, 2011Former Colonial Bank Senior Vice President Sentenced to 8 Years in Prison for Fraud Scheme
Press Releases June 17, 2011President and Chief Operating Officer of Money Service Company Sentenced to 11 and 5 Years in Prison, Respectively, for Roles in Defrauding Banks, Retailers, Hospitals, and Universities Out of Over $60 Million
Press Releases June 16, 2011Former Treasurer and President of Taylor, Bean & Whitaker Each Sentenced to Prison for Fraud Scheme
Press Releases June 10, 2011Owner of Fraudulent Mortgage Loan Modification Scheme Sentenced
Press Releases June 10, 2011Karim Lawrence Sentenced to 21 Months for Accepting Bribes as Loan Officer for Failed Omni National Bank
Press Releases June 01, 2011Operators of Mortgage Loan Modification Business Charged with Conspiracy to Commit Fraud
Press Releases April 29, 2011Delroy Davy sentenced to 14 Years for Defrauding the Failed Omni National Bank and Other Lenders
Press Releases April 22, 2011Jeffrey Levine, Former Executive of Failed Omni National Bank, Sentenced to Federal Prison
Press Releases April 22, 2011Former Chairman of Taylor, Bean & Whitaker Convicted
Press Releases April 20, 2011Former TBW CEO Pleads Guilty to $1.5 Billion Fraud Scheme
Press Releases April 01, 2011Ragland Plea Press Release
Press Releases March 31, 2011SIGTARP Announces Coordinated Effort with COP to Examine the Pricing of Warrants in the Context of the Return of TARP Funds
Press Releases June 10, 2009TALF Task Force Expanded to Include PPIP
Press Releases April 28, 2009TALF Task Force Announcement
Press Releases March 11, 2009Treasury Adopts SIGTARP Recommendation
Press Releases January 28, 2009