Real estate investor gets 7 years in $15M mortgage fraud scheme

An FBI-led investigation found he misled around 40 victims while doing business as ZK Group Zavier Kay Hafiz was sentenced to six years in prison and ordered to pay more than $3.5 million The guilty.

Mortgage fraud risk rises as jumbos attract more attention Fraud Less Likely On ARMs Than Fixed-Rate Loans. Risk of fraud on mortgage applications up from year ago. March 29, 2018. By Mortgage Daily staff. A report that measures the risk of fraud on home-loan applications says that risk on loans with adjustable rates is lower than on fixed-rate mortgages.

2 days ago. Embattled Rochester developer who faces federal mortgage fraud. Robert Morgan, who built up his real estate empire over the last 28 years after being. deal to sell Eden Square and use the proceeds in part to pay off investors.. Niagara falls hotel owner pitches $15M 'tropical paradise' on Third Street.

If you get any tutoring from me, I am now giving the core nursing fundamentals for FREE.Real estate investor gets 7 years in $15M mortgage fraud scheme Nameless, formless crisis enveloping nation’s home price indices bruce lloyd’ s collection of quotations By author, P to Z *"The art of dealing with people is the foremost secret of.

$3.8 Million in Mortgage Fraud Earns Defendant 7 Years. Peterson Cherimond gets 7-year sentence in mortgage fraud scheme. May 21, 2013. By IRA KANTOR Boston Herald – McClatchy-Tribune Information Services. A Dorchester, Mass., man was sentenced to more than seven years in prison yesterday for operating a mortgage fraud scheme to sell his own home and buy other residential properties, according.

MountainView IPS appoints Christopher Kennedy managing director MountainView IPS Hire Chris Kennedy As Managing Director. – Christopher Kennedy has joined MountainView IPS, a valuation advisor specializing in fixed income securities and residential whole loans, as managing director. Previously, Kennedy served as director, national sales consultant – capital markets division, for Equifax.

A real estate agent based. one count of bankruptcy fraud. He originally faced two counts of bankruptcy fraud and one count of falsification of records in a bankruptcy proceeding, which came with a.

But some of these lenders are raising funds by promising individual investors a safe, reliable path to real-estate income – when the reality is a high level of risk. Tamsin McMahon and Tim Kiladze.

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