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mortgage payoff fraud

Emerging Fraud Trends: Short Payoff Fraud - Freddie Mac
Apr 12, 2010 . Emerging Fraud Trends: Short Payoff Fraud. Given increased defaults and declining property values in certain locations, the mortgage industry .
http://www.freddiemac.com/singlefamily/news/2010/0412_payoff_fraud.html

Mortgage Foreclosure Fraud Settlement Is Payoff TO Bank of ...
Feb 9, 2012 . While the Obama'a administration touted the news of the largest class-action payoff since the $350 billion tobacco settlement, I say the payoffs .
http://thegreatrecession.info/blog/2012/02/mortgage-foreclosure-fraud-settlement-is-payoff-to-bank-of-america-wells-fargo-chase/

Step 1

Beware of Mortgage Payoff Scammers - Texas Attorney General
Beware of Mortgage Payoff Scammers. [PDF version]. You can save money by paying off your mortgage early - and you do NOT have to pay anyone to help you .
http://www.oag.state.tx.us/alerts/alerts_view_alpha.php?id=117&type=1

Step 2

Mortgage Fraud Blog - Title Company Owner Jailed for Mortgage ...
Mar 30, 2012 . As previously reported by Mortgage Fraud Blog, Hughes and Stephen Troese . At this time, the mortgage payoff checks were stored in Federal .
http://mortgagefraudblog.com/perp-walk/item/17388-title-company-owner-jailed-for-mortgage-fraud

Step 3

Mortgage Fraud Blog - 2 Admit Scheme to Steal Mortgage Payoff ...
Mar 1, 2010 . Eric Koppelman, 49, Hauppauge, New York, and Irshad Ramzan, a/k/a "Tony", 36 , Baldwin, New York, have pled guilty to a scheme to steal .
http://mortgagefraudblog.com/perp-walk/item/13019-guilty_plea_announced_in_scheme_to_steal_mortgage_payoff_money

Tips & Warnings

  • Owner of Gambrills Title Agency Sentenced to 6 Years in Prison in ...
    Mar 9, 2012. for conspiracy to commit wire fraud in connection with a five year scheme to divert or hold mortgage payoff funds from clients' closings on 17 .
    http://www.justice.gov/usao/md/Public-Affairs/press_releases/Press12/OwnerofGambrillsTitleAgencySentencedto6YearsinPrisonin4.9MillionMortgageFraudScheme.html

References

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Arundel mortgage fraud: Edgewater man sentenced, Crofton man ...
Mar 9, 2012 . Sentencing, guilty plea in $4M mortgage fraud scheme . the two men "diverted mortgage payoff funds from clients' closings," according to .
http://articles.baltimoresun.com/2012-03-09/news/bs-md-ar-gambrills-mortgage-fraud-20120309_1_mortgage-fraud-scheme-wire-fraud-original-mortgage