Thursday, May 2, 2013
Emeka Udeze, 38, has pleaded guilty to two counts of conspiring to commit wire fraud in two separate mortgage fraud schemes.
A Glenn Dale man pleaded guilty last week to conspiring to commit wire fraud in two mortgage fraud schemes that resulted in more than $2 million in losses to mortgage lenders, according to a statement released by the U.S. State’s Attorney’s office. Emeka Udeze, 38, was a licensed mortgage broker at the time of the crimes, according to his plea agreement. Udeze admitted that, “in both schemes, he submitted fraudulent mortgage loan applications for buyers, inflating the buyer’s income and creating bogus employment information in an effort to qualify these individuals for loans that they otherwise were unqualified to secure,” according to a press release. In some cases, the mortgages went quickly into default after no payments were made. In …
Wednesday, February 13, 2013
Michael Abobor, 38, pleaded guilty to wire fraud connected to a mortgage scheme that caused more than $2 million in losses.
A Bowie man pleaded guilty to wire fraud on Tuesday in connection with a mortgage fraud scheme that could have caused at least $2 million in losses to financial institutions. Michael Abobor, 38, submitted fraudulent loan applications while working as a licensed Realtor in the state of Maryland, using known false financial and employment information to purchase homes in the state, according to a statement released by the United States Attorney’s Office. Abobor also submitted falsified documents, including “doctored” W-2s and pay stubs alleging the the borrowers made more money than they actually did, so that the applicants would qualify for larger loans, according to his plea agreement. By using these falsified documents and applications, …
Thursday, October 25, 2012
Penny Parker Green, of Bowie, pleads guilty to stealing $166,000 from group that aids families with mentally disabled members.
Bowie resident Penny Parker Green, 34, pleaded guilty Wednesday to federal charges of aggravated identity theft and wire fraud for stealing $166,000 from Arc of Prince George’s County and up to 72 residents while she was employed there. Arc of Prince George’s County is a nonprofit based in Largo that provides services to people with intellectual and developmental disabilities and their families, according to their website. Services provided include day care, employment services and in-home support. The U.S. Department of Justice said the plea agreement also states that Green had other employees withdraw cash for residents’ bank accounts for her personal uses and that she stole petty cash intended for residents for her personal use. Green …
Paula Reitan
9:29 am on Friday, May 3, 2013
Despicable! more ›