RealEstateRama Tags Posts tagged with "Fraud"
DENVER - September 3, 2012 - (RealEstateRama) -- Michael Jacoby age 44, of Castle Rock, Colorado; Derek Zar, age 30, of Commerce City, Colorado; and Susanne Zar, age 58, of Frederick, Colorado, were found guilty yesterday (August 30, 2012) by a jury for wire fraud, bank fraud, and money laundering, the U.S. Attorney’s Office, the Federal Bureau of Investigation, and IRS-Criminal Investigation announced. The guilty verdicts were the result of a four-week trial before Visiting U.S. District Court Judge Kathryn H. Vratil. Jacoby was taken into custody immediately after the jury returned the guilty verdict. They are scheduled to be sentenced by Judge Vratil on December 10, 2012
DENVER, CO - December 7, 2011 - (RealEstateRama) -- Three men were recently sentenced for implementing a mortgage fraud scheme, United States Attorney John Walsh, FBI Special Agent in Charge James Yacone and IRS Criminal Investigation, Special Agent in Charge Sean Sowards announced. U.S. District Court Judge Philip A. Brimmer sentenced Cedric Lipsey, age 36, of Denver, a licensed real estate agent, to serve 63 months in federal prison. Losses to the mortgage lenders caused by the fraud totaled over $4.2 million. Lipsey was also ordered to pay restitution to the victims of his crime. Judge Brimmer sentenced Philip A. Martinez, age 36, of Denver, a mortgage broker, to serve 50 months in federal prison. Martinez was also ordered to pay restitution to the victims of his crime. And in a separate but related case, Judge Brimmer sentenced licensed appraiser David Vukovinsky, age 49, of Castle Rock, to serve 12 months and one day in prison and pay restitution.
October 6, 2010 - (RealEstateRama) -- The Colorado Bureau of Investigation plans to add six new fraud unit positions to pursue mortgage fraud in Colorado with a new $1.7 million grant that was awarded this month from the Bureau of Justice Assistance of the U.S. Department of Justice, CBI Director Ronald C. Sloan announced.