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Fritz Bonaventure

Two LOs Sentenced in Manhattan for Role in $9 Million Mortgage Fraud Scheme

Black Gavel Pic/Credit: Brand X Pictures

Preet Bharara, the United States Attorney for the Southern District of New York, has announced that Frederick Warren and Denise Parks, two loan officers, were sentenced in Manhattan federal court for their roles in a $9 million mortgage fraud scheme in which 12 people were originally charged and 11 have pled guilty. Warren was sentenced to 51 months in prison and ordered to forfeit $1,993,000 after pleading guilty on April 11, 2012, to one count of conspiracy to commit wire fraud and bank fraud and one count of wire fraud.Click to continue

Three LOs Plead Guilty in $9 Million Mortgage Fraud Scheme

Cherry Red Gavel/Credit: Comstock

U.S. Attorney for the Southern District of New York Preet Bharara has announced that three mortgage loan officers, Frederick Warren, Dorian Brown and Fritz Bonaventure have each pled guilty for their roles in a $9 million mortgage fraud scheme. The defendants pled guilty before U.S. District Judge Naomi Reice Buchwald.Click to continue