Frank J. Dattilo of Holland, Pa. has pleaded guilty today to two counts of mail fraud in connection with a scheme to defraud mortgage lenders and enrich himself. Dattilo was the owner and operator of the mortgage brokerage firm Provident Financial Group (PFG), which was located in Bensalem, Pa. Dattilo marketed to people with poor credit or low incomes.Click to continue

An indictment was unsealed against Kirk H. Kirby, Sholonda Y. Johnson, and Royal K. Williams, charging them with three counts, each, of wire fraud, in connection with a real estate investment scheme that caused more than $7 million in losses to lenders, as announced by United States Attorney Zane David Memeger. Kirby owned and operated Invictus Financial Group (IFG), located in Havertown, Pa. Johnson was a loan officer at various mortgage brokerage companies. Williams was an accountant and the principal of R. Williams and Co.Click to continue