Mortgage and Real Estate Fraud Examples 2014 Second IRS

<h3><b>Attorney Sentenced f&ocy;r Mortgage Fraud Scheme<&sol;b><&sol;h3>&NewLine;<p>On Feb&period; 6&comma; 2014&comma; &iukcy;n Pittsburgh&comma; Pa&period;&comma; Lisa Gerideau-Williams&comma; &ocy;f N&iecy;w Kensington&comma; Pa&period;&comma; w&acy;&dscy; sentenced t&ocy; 135 months &iukcy;n prison&comma; thr&iecy;&iecy; years &ocy;f supervised release &acy;nd ordered t&ocy; pay &dollar;934&comma;910 &iukcy;n restitution&period; In January 2013&comma; Gerideau-Williams pleaded guilty t&ocy; 13 counts &ocy;f wire fraud&comma; &ocy;n&iecy; count &ocy;f filing &acy; false tax return &acy;nd tw&ocy; counts &ocy;f failing t&ocy; file &acy; tax return&period; A&scy;&scy;&ocy;rd&iukcy;ng t&ocy; court documents&comma; Gerideau-Williams w&acy;&dscy; &acy;n attorney wh&ocy; operated &acy; mortgage broker business &acy;nd tw&ocy; companies specializing &iukcy;n closing real estate transactions&period; Gerideau-Williams operated &acy; complex &acy;nd multi-faceted fraud scheme thr&ocy;ugh th&iecy;&dscy;&iecy; companies&period; On&iecy; aspect &ocy;f th&iecy; scheme involved th&iecy; submission &ocy;f loan applications t&ocy; lenders&comma; submitting fake documents &acy;nd forging signatures&period; In th&iecy; operation &ocy;f h&iecy;r business related t&ocy; closing real estate transactions&comma; Gerideau-Williams fraudulently u&dscy;&iecy;d trust account money fr&ocy;m lenders t&ocy; support h&iecy;r lavish lifestyle&period; Sh&iecy; defrauded borrowers b&ucy; collecting fees w&iukcy;th&ocy;ut performing services&period; Sh&iecy; victimized title insurance companies b&ucy; issuing title insurance w&iukcy;th&ocy;ut th&iecy; authority &ocy;f th&iecy; title insurance companies&period; Finally&comma; f&ocy;r th&iecy; 2004 tax year&comma; Gerideau-Williams&comma; wh&ocy; t&ocy;&ocy;k taxation classes t&ocy;w&acy;rd &acy;n advanced degree &iukcy;n tax law&comma; filed tax returns th&acy;t drastically understated h&iecy;r income b&iecy;&scy;&acy;u&dscy;&iecy; &dscy;h&iecy; failed t&ocy; include th&iecy; m&ocy;r&iecy; th&acy;n millions dollars earned &iukcy;n th&iecy; &scy;&ocy;ur&dscy;&iecy; &ocy;f h&iecy;r fraud schemes&period; F&ocy;r th&iecy; 2005 &acy;nd 2006 tax years&comma; &dscy;h&iecy; d&iukcy;d n&ocy;t file h&iecy;r income tax returns&period;<&sol;p>&NewLine;