by John Floyd | Nov 18, 2024 | Federal Criminal Law, Financial Crimes, Mortgage Fruad
It is estimated that the United States loses between $1-10 billion each year due to mortgage fraud, making it one of the leading white-collar crimes in the country. This past October, a Houston real estate developer was sentenced to 15 months in a federal prison...
by John Floyd | Oct 27, 2022 | Fraud, Mortgage Fruad
Every week It seems that the news media prtrpotyinh on a high-profile white collar crime. Some of these crimes seem to occur with greater frequency. Mortgage fraud is one of those crimes. But what exactly is it? While many people think they understand what mortgage...
by John Floyd | May 15, 2019 | Fraud, Mortgage Fruad, White Collar Crime
More than a decade after one of the worst financial crises in the mortgage lending industry that unfolded in 2008, law enforcement authorities continue to apprehend some who still choose to blatantly take unfair advantage of the nation’s homebuyers (and this include...
by John Floyd | Mar 17, 2019 | Fraud, Mortgage Fruad, Tax Evasion
Former President Trump’s campaign manager Paul Manafort recently received relatively light prison sentences for two federal convictions, far below the federal sentencing guidelines, in two U.S. District Courts—one in the Northern District of Virginia and the other in...
by John Floyd | Mar 17, 2019 | Fraud, Mortgage Fruad, Tax Evasion
Former President Trump’s campaign manager Paul Manafort recently received relatively light prison sentences for two federal convictions, far below the federal sentencing guidelines, in two U.S. District Courts—one in the Northern District of Virginia and the other in...
by John Floyd | Dec 8, 2016 | Fraud, Mortgage Fruad
Some financial experts place blame for the 2007 housing crisis on the rise of subprime mortgages. As this crisis unraveled, most Americans, especially homeowners, were stunned by the overwhelming unlawful activity engaged in by the nation’s banking system and its real...
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