Chicago developer sentenced for loan fraud

Chicago Lawyer Cops To $22.9M Mortgage Fraud Scam – Law360 – A Chicago real estate lawyer pled guilty to bank fraud in Illinois federal court Friday, admitting his role in a $22.9 million mortgage fraud scheme centered on selling condos in a downtown high.

A developer was sentenced to more than seven years in federal prison for a fraud scheme involving the sale of south loop condominiums. warren Barr III was convicted of selling condos at Vision on.

politics & government Cook County Judge Convicted Of Mortgage Fraud By Federal Jury Found guilty of a felony, Judge Jessica Arong O’Brien will lose her seat on the bench under state law.

MADIGAN: CHICAGO MAN SENTENCED TO SIX YEARS FOR CRIMINAL MORTGAGE LOAN MODIFICATION FRAUD. Chicago – Attorney General Lisa Madigan announced a six-year prison sentence for a Chicago man who stole more than $350,000 by preying on desperate homeowners seeking to avoid foreclosure.. Warren Jackson, 44, of Chicago, pled guilty to criminal mortgage rescue fraud before Cook County Circuit Court.

Two Suburban Developers And An Attorney Among Six Defendants Charged With Mortgage Fraud . CHICAGO- A federal grand jury returned a 25-count indictment yesterday charging six defendants with devising and participating in a mortgage fraud scheme which caused more than $16 million in losses to banks, mortgage lenders, Fannie Mae, and Freddie Mac.

A software developer was sentenced Wednesday to three months in prison after he lied to obtain $200,000 in grant money from NASA and the National Space Foundation. Miroslav Velev, 50, of Chicago..

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Less than three months after being convicted of bank fraud, Chicago real estate developer laurance freed has asked a judge. crimes that carry a combined maximum sentence of 230 years in prison..

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CHICAGO – A federal judge today sentenced a Chicago real estate developer to three years in prison in connection with a fraud scheme related to a $105 million line of credit secured by city and suburban properties, including the Streets of Woodfield Mall in Schaumburg.

Laurance H. Freed, 54, Chicago, Illinois, a real estate developer and the president of Joseph Freed & Associates LLC, was sentenced to three years in prison in connection with a fraud scheme related to a $105 million line of credit secured by city and suburban properties, including the Streets of Woodfield Mall in Schaumburg, Illinois.

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