WSYX ABC6 On Your Side Top Story - Former Hilliard Councilmember Sentenced Out of Mortgage Scheme

WSYX ABC6 On Your Side Top Story - Former Hilliard Councilmember Sentenced Out of Mortgage Scheme:

'via Blog this'Former Hilliard Councilmember Sentenced Out of Mortgage Scheme

COLUMBUS -- A former Hilliard City Council member, Daniel Nichter, has been sentenced to prison after being charged with 48 counts of fraud tied to faked real estate appraisals.

Daniel Nichter was arrested at his Hilliard home back in 2010, after a Franklin County grand jury indicted him.

The Mortgage Fraud Task force had been investigating him for months.

Prosecutor Ron O'Brien says Nichter used other people's licenses and ID's using their signatures without their knowledge to appraise at least 23 properties.

Banks made loans on the basis of overvalued homes costing more than $3 million.

That caused many property owners to be upside down in their mortgages.

In court, two of the victims testified that Nichter ruined their reputations, and they did nothing wrong.

He could have been sentenced to 50 years in prison.

I’m so relieved, says Bolton police inspector cleared of corruption | Manchester Evening News - menmedia.co.uk

I’m so relieved, says Bolton police inspector cleared of corruption | Manchester Evening News - menmedia.co.uk:

'via Blog this'But prosecutors have charged Insp Razaq, who remains suspended from the force, with six offences of fraud and three offences under the Proceeds of Crime Act relating to alleged insurance and mortgage fraud.

Elisa Hopley, from the Crown Prosecution Service, said: “After reviewing a file of evidence from Greater Manchester Police I have decided that there is sufficient evidence for a realistic prospect of conviction and it is in the public interest to charge Mohammed Razaq with five offences of fraud by false representation, one offence of failing to disclose information and three offences of money laundering.

Former Gary official pleads guilty to mortgage scheme - Post-Tribune

Former Gary official pleads guilty to mortgage scheme - Post-Tribune:

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Updated: January 14, 2012 2:02AM

The former director of community development for the city of Gary admitted Friday morning in federal court to working with a local businessman in a mortgage fraud scheme that took in almost $200,000.

Jacquelyn Drago-Hunter pled guilty to one count of wire fraud.

Speaking softly throughout the hearing and wearing a black outfit with a white scarf, Drago-Hunter admitted under questioning by her attorney that she worked with Jerry Haymon to defraud a bank by jacking up the purchase price of a house in Gary. Drago-Hunter said Haymon, who has already pleaded guilty in the case, had originally convinced a woman and her son to sell him a house they owned in Gary for $36,000. However, he set up a side agreement with another man to buy the house for $74,000, far more than the house was actually worth.

Drago-Hunter’s role was to create two separate closing documents, one to fool the owners into thinking they were selling the house for the original asking amount, and another reflecting the $74,000 purchase price, which was given to the bank.

Assistant U.S. Attorney Gary Bell showed the two documents, noting that the first one said the owners received just $2,300, the actual amount they were paid. The second one, however, shows them receiving about $36,000. That, Drago-Hunter said, was a lie.

“What happened in reality is that the defendant and Jerry Haymon were scheming,” Bell said.

Drago-Hunter said that Haymon collected the difference between the prices by filing a lien on the property. The bank wouldn’t have accepted the lien, however, because he had just filed it a few days before closing, and so she wrote out the disbursement to make it appear it was going to the owners.

As part of Drago-Hunter’s plea agreement with the government, another charge of wire fraud and two counts of identity theft are being dropped. She faces up to 20 years in prison.

One of Drago-Hunter’s other co-defendants, Sheila Chandler, also pleaded guilty in the case. A federal jury found the fourth defendant, Phillip Rucker, guilty in December.

Drago-Hunter, who continued to work for the city of Gary for about a year after her arrest until October, is scheduled to be sentenced April 19.

Woman’s fraud charges pile up | Denton Record Chronicle | News for Denton County, Texas | Local News

Woman’s fraud charges pile up | Denton Record Chronicle | News for Denton County, Texas | Local News:

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IRS Special Agent Mike Lemoine said Friday that the case is a cooperative effort between the IRS and the FBI. The case was filed in Austin, Lemoine said, because many of the crimes allegedly took place while she lived there.

“This is the type of crime typically committed by street-level criminals rather than white-collar criminals,” Lemoine said in a telephone interview. “It is rampant in society.”

Lemoine said he was limited in releasing indictment information because a trial is pending. Federal privacy laws prohibit releasing Washington’s date of birth or photograph, he said.

She is known to federal agents by other names including Lynetta Washington-Hill, M. Lynette Washington-Hill, Lynetta Luciano, Lynetta Jackson and Lynetta Spruiell, the agent said.

There are nine counts in the indictment, all concerning documents filed using false names and Social Security numbers to obtain tax refunds and money from falsifying loan applications.

The Texas Department of Savings and Mortgage Lending also allege Washington to have used her deceased mother’s identity to obtain a license as a loan officer. She allegedly used this false identity to obtain loans on behalf of at least one mortgage company, according to the indictment.

From 2006 to 2009, she allegedly used this identity in a scheme to obtain mortgage loans for clients by inflating and falsifying borrowers’ qualification information to be considered by lenders in the application process.

Washington allegedly falsified loan applications with untrue and inflated numbers without the knowledge or consent of the actual borrowers. She then allegedly benefited by receiving commissions as a loan officer, according to the indictment.

4 accused of fraud deny any wrongdoing | Bucyrus Telegraph Forum | bucyrustelegraphforum.com

4 accused of fraud deny any wrongdoing | Bucyrus Telegraph Forum | bucyrustelegraphforum.com:

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Assisted Living Careers | Independent Living Jobs | Senior Care Employment | Century Park Associates

Assisted Living Careers | Independent Living Jobs | Senior Care Employment | Century Park Associates:

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Colonial Hills, Forrest L. Preston, and Lifecare

http://www.knoxnews.com/news/2012/jan/13/families-residents-angry-over-closure-of-blount/?partner=RSS n A July violation of residents' rights when a certified nursing assistant took a cell-phone photo of a resident with a disposable brief on his head and forwarded it to others inside and outside the nursing home. The federal Centers for Medicare and Medicaid Services made the decision to terminate its contract with Colonial Hills effective Jan. 7, after a series of incidents in 2011 that resulted in actual or potential harm to residents, Davis said. That meant relocating the 110 of its 164 residents whose care was paid by Medicare or Medicaid to other facilities. Davis said CMS in June put Colonial Hills on a federal "watch list," increasing inspections there and looking for signs its managing company, Cleveland, Tenn.-based Life Care Centers of America, was addressing "underlying systemic issues." http://www.topix.com/city/cleveland-tn/2012/01/families-residents-angry-over-closure-of-blount-county-nursing-home Families, residents angry over closure of Blount County nursing home Full story: Knoxville News Sentinel The bitter cold and biting wind seemed to mirror the feelings of several families who showed up at a Friday afternoon meeting to hear state officials explain exactly why Colonial Hills Nursing Center in Maryville lost its certification as a Medicare/Medicaid provider. e Employers / Business Afilliations 1. Forrest Preston Preston Associated names: Forrest L Poeston Forrestl Preston Forest L Preston Forrest Lee Preston Available Prescott, AZ Aurora, CO Greeley, CO Pueblo, CO Wilmington, DE Lake City, FL Naples, FL Palm Beach, FL Saint Louis, MO Charlotte, NC Las Vegas, NV North Charleston, SC Cleveland, TN Nashville, TN Ooltewah, TN Dallas, TX Salt Lake City, UT Bryant Irvin Medical Investors Llc Bryant Irvin Medical Investors Llc Bryant Irvin Real Estate Investors Llc Bryant Irvin Real Estate Investors Llc Cambridge Medical Investors Llc Cambridge Medical Investors Llc Columbine Real Estate Investors, Llc Construction Enterprises Inc Construction Enterprises Inc Four Star Real Estate Investors Llc American Lifestyles, Inc Construction Enterprises, Inc Executive Flight, Inc Highlands Operations, Llc Life Care At Home Of Florida, Inc Life Care At Home Of Utah, Inc Life Care At Home Of Utah, Inc Life Care Centers Of America, Inc Life Care Centers Of America, Inc Life Care Centers Of America, Inc 2. 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Forrest L Preston Altamonte Springs, FL Cleveland, TN Ooltewah, TN American Lifestyles, Inc De Of Tennessee, Inc Evergreen Medical Investors, Ltd Heritage Center, Inc Management Associates, Inc Retirement Centers Of America, Inc 20. Forrest L Preston West Palm Beach, FL 141 Seaview, Llc 21. Foresst L Preston Cleveland, TN First Mortgage Corporation Of America Northeast Industrial Park, Inc Stean-vac Systems, Inc Village Center, Inc The 22. Forrest L Preston Cleveland, TN Fairlawn Medical, Inc Fairlawn Medical, Inc 23. Forrest L Preston Cleveland, TN Life Care Centers Of America, Inc 24. Forrest L Preston Cleveland, TN Development Enterprises, Inc Executive House, Ltd Life Care Services, Inc Retirement Housing Investors, Ltd Vineyard Retirement Center Colonial Hills in TN (1 Result) Business Name Phone Address City, State Possible Owners/ Officers/Agents Associated Businesses 1. Colonial Hills Real Estate Investors, Llc Available Cleveland, TN Forrest L Preston (REGISTERED AGENT) Solomons Medical Investors Limited Partnership Bellflower Medical Investors, Llc Loma Linda Medical Investors, Llc Care Holdings, Llc Visiting Homemaker Service Of Broward County, In Punta Gorda Medical Investors Limited Partnershi Life Care Associates, Ltd - V Consolidated Resources Health Care Fund I, Ltd 000522893: Limited Liability Company - Domestic Name: COLONIAL HILLS REAL ESTATE INVESTORS, LLC Status: Active Initial Filing Date: 06/14/2006 Formed in: BRADLEY COUNTY Delayed Effective Date: Fiscal Year Close: December AR Due Date: 04/01/2012 Term of Duration: Perpetual Inactive Date: Principal Office: 3570 KEITH STREET NW CLEVELAND, TN 37312 USA Mailing Address: 3570 KEITH STREET NW CLEVELAND, TN 37312 USA AR Exempt: No Managed By: Manager Managed Number of Members: 1 Assumed Names History Registered Agent Agent Name: PRESTON, FORREST L Agent Address: 3570 KEITH ST NW CLEVELAND, TN 37312-4309 USA