As we approach the deadline to file a lawsuit against the “big” banks for their alleged fraudulent behavior and activity, with regards to their involvement in the housing market crash, we are starting to see a new round of promises for retribution from government “heads” across the country; but are the promises sincere or […]
Tag: mortgage fraud
Carlsbad Real Estate “Consultant” Gets Five Years
Looks like the Carlsbad based real estate consultant, John J. Borzellino will be downsizing to a new 48 square foot, government funded home: a federal prison cell. Borzellino (aka John J Ross) was sentenced to 5 years in federal pen and ordered to pay more than $4,000,000 in restitution for running a multi-million dollar mortgage […]
$60 Million Mortgage Fraud Scheme and 13 Charged
A group of 13 alleged members conspired to commit a $60 million mortgage fraud.