A two year FBI investigation into Sarasota house flipping is turning into what may be the largest case of mortgage fraud in Florida's history. A local real estate agent Craig Adams has been providing information to the FBI about one of the largest mortgage fraud schemes in Florida history. One of his longtime associates may become the center of attention as losses enter the millions, according to the Sarasota Herald-Tribune. Jonathan Glucker was in line to become the next president of the Gulf Coast Mortgage Bankers Association but now he's expected to step down or be removed from the board of directors after news reports alleged that he participated in at least 10 deals with Adams since 1997. Four Detroit area residents were indicted on charges of wire fraud and interstate transportation of money taken by fraud, announced United States Attorney Barbara L. McQuade. McQuade was joined in the announcement by Special Agent in Charge Andrew G. Arena, Federal Bureau of Investigation. Charged in the 14-count indictment, which was unsealed this week, were MELVIN A. JOHNSON, 49, of Lathrup Village; CURTISS JOHNSON, 46, of Novi; BRADY MUSE, JR, 48, of Novi; and LANITA J. GATEWOOD, 53, of Detroit.  Federal Mortgage Fraud Charges Filed Against Two Las Vegas Men LAS VEGAS—Two Las Vegas men have been charged with conspiracy and fraud charges for devising and implementing a mortgage fraud scheme involving straw buyers and falsified mortgage loan documents, announced Daniel G. Bogden, United States Attorney for the District of Nevada. Tarl Brandon, 43, and Calvin A. Gribble, 50, were indicted by the Federal Grand Jury on December 1, 2009, and charged with one count of Conspiracy to Commit Mail Fraud, Wire Fraud, and Bank Fraud. Gribble was arrested and appeared on Monday, December 7, 2009, before U.S. Magistrate Judge Lawrence R. Leavitt, and was released pending trial. Brandon surrendered to authorities this morning, and is scheduled for an initial appearance and arraignment at 3:00 p.m. Six people from the San Antonio area, including a Somerset reserve police officer, have been indicted in what investigators say was a $1.9 million mortgage-fraud scheme. FBI agents identified ringleaders as real estate broker Darnell Mason and mortgage broker Justin Zhu and said the two recruited “straw” borrowers for homes Mason wanted to acquire throughout San Antonio. Godwin Asifo of Woodbridge, Va., was sentenced today to 57 months in prison, followed by three years of supervised release, for running a mortgage fraud scheme that resulted in the foreclosure of at least three homes in northern Virginia. | ArchivesApril 2010 Breaking News:
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