The Blotter

A Hollywood, Fla., man was convicted of conspiracy to commit money laundering and money laundering charges, following a five-day jury trial. The charges stemmed from his decision to launder more than $3 million dollars in fraud proceeds from business email compromise cyber scams. Read on for more details.

The New Jersey Supreme Court disbarred an attorney for misappropriating escrow funds from clients. Read on for more details.

A Hazlet, N.J., attorney has been arrested for stealing funds from four clients in the course of five months. Read on for more details.

A federal court has entered a temporary restraining order against Utah-based Zurixx, LLC and affiliated companies, which the Federal Trade Commission (FTC) and the Utah Division of Consumer Protection (DCP) allege have used deceptive promises of big profits to lure consumers into real estate seminars costing thousands of dollars. Read on for more details.

In the latest First American Loan Application Defect Index, Chief Economist Mark Fleming notes that stronger buyers’ market conditions and a rising share of refinance transactions are needed to maintain the declining fraud risk momentum. Read on for more details.

Three Californians were sentenced for conspiring to commit wire fraud in a mortgage fraud scheme. Read on for more details.

A Greenville, S.C., woman and her husband were found guilty of a conspiracy to commit mail fraud and equity skimming. They promised to relieve homeowners from the burdens of mortgage payments by buying homes and finding buyers to rent-to-own the property and promised buyers an easy road to homeownership. Read on for more details.

A New Richmond, Wis., man was charged with four counts related to an alleged foreclosure rescue scheme. Read on for more details.

A New Orleans man pled guilty to mortgage fraud, obtaining mortgages on three properties then forging cancellations to obtain additional mortgages on those same properties. Read on for more details.

Five defendants were indicted with conspiracy to commit wire fraud and bank fraud in connection with a scheme to defraud mortgage lenders, including Fannie Mae and Freddie Mac and borrowers. Read on for more details.