Residential care homeowners in Pleasant Hill and real estate agents plead guilty in $20 million mortgage loan fraud ...

Edith Nelson, 53, and Ronald Nelson, 76, a married couple, owned and operated Placement Services, a Pleasant Hill company that placed elderly people into residential care home facilities. Also pleading guilty last week were Nelda Asunción, 68, a real estate agent and co-owner of Realty World Pacific West in Concord, and Cristeta Lagarejos, 49, a real estate agent and broker, and the owner of ...

Orange and North Brunswick men indicted in alleged loan fraud

Two men were indicted yesterday for their roles in a real estate investment firm fraud that authorities say stole $2.2 million from mortgage lenders by providing false information on home loan applications. Between early 2007 and October 2008, Patrick Anderson,...

Complaint describes loan fraud

A whistleblower complaint before the US Department of Labor reveals widespread mortgage fraud in the Massachusetts offices of Countrywide Financial Corp. in the years leading up to the housing bust and subsequent financial crisis. The fraud, which included forging documents and altering paperwork including the manipulation of borrowers’ financial information was so rampant that Countrywide, once ...

Ruston Man Sentenced for Student Loan Fraud

A Ruston man was sentenced Monday in federal court to five years probation in connection with fraudulently obtaining student loans.

Ex-Stanford exec: Fraud could no longer be hidden

Attempts to cover up a massive Ponzi scheme alleged to have taken billions from depositors at Texas tycoon R. Allen Stanford's Caribbean bank grew increasingly frantic as federal authorities closed in ...