Mortgage Fraud in OhioA Mansfield, Ohio man was found guilty on more than 24 charges in connection to a mortgage fraud scheme that caused several banks, including J.P. Morgan Chase and Washington Mutual Bank, to lose over $1 million. David R. Sharrock, 71, pleaded no contest to a slew of charges that included bank fraud, [...]
Robert J. Yonkee Jr., 54, was charged in a federal court with bankruptcy fraud. He was a former resident of Machesnesy Park until he moved to Lake Geneva. He is accused of providing false information about his assets and concealing property when he filed his petition. For each charge he faces five years in prison, [...]
A Wonder Lake, Ill man admits he committed fraud when he filed bankruptcy protection in 2008. James Grossmayer, 51, was charged with bankruptcy fraud after admitting he intentionally left out details about interest he had ownership of from an annuity totaling thousands of dollars. He also admits paperwork submitted to the bankruptcy court was incorrect. [...]
Brandon Barber recently pled guilty to several charges including money laundering and bankruptcy fraud. He reportedly changed his plea to guilty from not guilty when appearing in court this week for a hearing. While other people were involved in what investigators are calling a real estate scheme, Barber plead guilty to one count of bankruptcy [...]
A California business man and an attorney were recently convicted in a multimillion dollar bankruptcy fraud and money laundering scheme that carried on for a number of years. Steven Zinnel, 49, of Gold River and attorney Derian Eidson, 49, of Yorba Linda, will both be sentenced later this year their roles in the scheme that [...]
A Michigan man may face more than 20 years in federal prison after pleading guilty recently to charges related to money laundering and bankruptcy fraud. Adrian Hassan Tageddine, 42, of Dearborn Heights, admitted to authorities he hid assets including cash and luxury vehicles when he filed for bankruptcy in 1999. Internal Revenue Service (IRS) agents [...]
Chicago area drivers who tried to avoid paying impound fees for their vehicles allegedly participated in a bazaar scheme that included filing false bankruptcy petitions. Local and state investigators found a significant number of "pro-se" bankruptcy filings (individuals who filed without an attorney) after the U.S. Trustee's Office identified over 1,000 filings were completed. Most [...]
Christopher Brandon Craner, 32, of Buhl, Idaho was sentenced to two years' probation for concealing an asset in his bankruptcy case, which included personal interest from a boat. Part of Craner's sentence includes a two month home detention with a $400 fine. His sentence comes after being charged with bankruptcy fraud-asset concealment. Craner filed for [...]
A Tamaroa, Illinois man was recently sentenced to three years' probation for concealing assets when he filed bankruptcy in 2009. David E. Woodside, 37, pled guilty to the charge after he waived an indictment by a federal jury back in December 2012. The United States Attorney who worked on the case, Stephen R. Wigginton, says [...]
If you're getting ready to file for bankruptcy, you can save yourself from sabotaging your case by being honest. Bankruptcy fraud is a serious federal offense with over 100,000 people committing the crime each year. According to the Internal Revenue Service (IRS), this translates to nearly 10 percent of bankruptcy filings done annually, having some [...]