Ex-Chicago Cop Avoids Prison For Role In Mortgage Fraud SchemeErroll Davis had pleaded guilty to filing a false tax return. In announcing that Davis would avoid prison, Judge Samuel Der-Yeghiayan noted Davis’ remorse and his cooperation with the prosecution.
Prosecutors Call Probation Sentence For 'People’s Attorney' IncorrectA jury convicted Warren Ballentine in October on six counts connected to a $10 million mortgage fraud scheme. On Tuesday, U.S. District Judge Matthew Kennelly sentenced Ballentine to three years of probation and 300 hours of community service.
Officials: Slow Justice At Fault In Chicago Man's Long ConThe Illinois Attorney General's office sued the owner of a remodeling company almost 30 years ago, accusing him of taking money from property owners for work that was either shoddy or never done. Without admitting wrongdoing, Mark Diamond agreed to change his ways, but authorities say he merely changed up his scheme.
Police Officer Charged In Mortgage Fraud SchemeDarius Thompson, 32, was charged with multiple counts of felony theft, loan fraud, money-laundering, wire fraud and forgery for his alleged role in a plot to falsify mortgage applications during his previous employment as a loan processor and originator
Syndicated Radio Host Indicted For Mortgage FraudA former Chicago lawyer who now hosts a national radio talk show was indicted on federal charges for two mortgage fraud schemes that defrauded lenders out of nearly $10 million.
Mortgage Scam Artist Going To Prison For 17 YearsA South Holland man is going to prison for 17 years for running a mortgage fraud scam that cost lenders about $16 million.
14 Charged With Bank Fraud Involving Home SalesFourteen people have been arrested in three separate alleged mortgage fraud schemes involving four homes in the Englewood neighborhood.