|
Share Tweet What services
Apostille
Embassy Legalization
Authentication of American Academic Credentials for use Abroad
Retrieval Documents
Obtaining Documents
Preparation Documents
Authentication of Documents
Translation
Travel
Visa to any country
Visa to USA
|
02/15/2010
News / Mortgage Broker and Real Estate Developer Indicted in $19.6 Million Mortgage Fraud SchemeSAN FRANCISCO—Yesterday, a federal grand jury in San Francisco indicted Michael Ohayon and David Papera with conspiracy to commit bank fraud, bank fraud, and money laundering, United States Attorney Joseph P. Russoniello announced.According to the indictment, Ohayon, 41, and Papera, 47, are alleged to have recruited thirteen straw buyers who used their good credit scores to obtain more than $19.6 million in fraudulent residential mortgage loans from Washington Mutual Bank, with no intention of making either down payments or mortgage payments on the properties. The indictment further alleges that Ohayon, with Papera’s knowledge, told the straw buyers that an entity controlled by Ohayon and Papera would use the loan proceeds to make the down payments and mortgage payments. Ohayon and Papera created and submitted to Washington Mutual Bank loan applications with numerous misstatements as to the straw buyers’ income and assets. Ohayon and Papera are currently out of custody. They are scheduled to make their initial appearances on the indictment at 9:30 a.m. on Feb. 16, and Feb. 22, respectively, before the Honorable Maria-Elena James. The maximum statutory penalty for each count of conspiracy to commit bank fraud, in violation of 18 U.S.C. § 1349, and bank fraud, in violation of 18 U.S.C. § 1344, is 30 years’ imprisonment, a fine of $1,000,000, and restitution. The maximum statutory penalty for each count of money laundering, in violation of 18 U.S.C. § 1957, is 10 years’ imprisonment, a fine of $250,000, and restitution. However, any sentence following conviction would be imposed by the court after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553. Tracie L. Brown is the Assistant U.S. Attorney who is prosecuting the case with the assistance of Rayneisha Booth. The prosecution is the result of a three-year investigation by IRS-CI and the Federal Bureau of Investigation. Please note, an indictment contains only allegations against an individual and, as with all defendants, Messrs. Ohayon and Papera must be presumed innocent unless and until proven guilty. http://sanfrancisco.fbi.gov/dojpressrel/pressrel10/sf021210.htm |
Do you need
We do Retrieval, Preparation and Legalization.
Power of attorney
Vital records
Birth certificate
Marriage Certificate
Single Status Affidavit
No Record of a Marriage
Certificate of No Marriage Record
Divorce Certificate
Divorce Decree
Death certificate
Criminal Record
Certificate of good conduct
Criminal Background Check
Foreign Driver License
Documents for transportation of the Deceased
Children's Travel Consent Letter
Evaluation of Foreign Education Credentials for US
Letter of Invitation for USA Visa
Documents for Avoiding Double Taxation
|
EducationalBesides making sure that your documents will be accepted abroad by obtaining an Apostille or Consular Legalization, we can also play an important role in helping you create, retrieve and translate your documents. Evaluation Education Invitation Letter |
Divorce CertificateBesides making sure that your documents will be accepted abroad by obtaining an Apostille Divorce Certificate Divorce Decree |
|
|