Meanwhile the company Wellcare did the same thing and got away with an $80 million dollar which doesn’t even make up for their fraud.
Of course they have connections being owned by Soros and the middle east.
JURY CONVICTS LAST SIX DEFENDANTS INVOLVED IN MULTI-MILLION DOLLAR MORTGAGE FRAUD SCHEME
July 3, 2008 FOR IMMEDIATE RELEASE
http://www.usdoj.gov/usao/fls/PressReleases/080703-01.html
R. Alexander Acosta, United States Attorney for the Southern District of Florida, Michael K. Fithen, Special Agent in Charge, United States Secret Service (USSS), Michael V. Powell, Special Agent in Charge, U.S. Department of Housing and Urban Development , Office of Inspector General (HUD-OIG), Region IV, Henry Gutierrez, Inspector in Charge, U.S. Postal Inspection Service, and Roger Reinke, Chief, City of Marco Island Police Department, announced today that a jury convicted the remaining six defendants, Jaqueline Perez-Castillo, Yanny Cruz Pavon, Lizabeth Perez, Erick Clavijo, Aurora Ramentol, and Ester Crespo of fraud in the matter of United States v. Juan Torrens, et al, Case No. 07-20987-Cr-Jordan.
The six defendants convicted were straw buyers in a mortgage fraud scheme in South Florida that resulted in more than $15,000,000 in fraudulent loans, and losses of more than $5,000,000 to lenders.
With today's convictions, all 31 of the defendants originally charged have been adjudged guilty. Sentencing for the six defendants is scheduled for October 3, 2008. The defendants face a maximum sentence of 20 years; on each wire fraud count, as well as substantial penalties and restitution.
This case revolves around defendants Juan Torrens, the de facto owner of Amsouth Trust & Investment Corp. ("Amsouth") and president of Countryside Land & Development, Inc., Rachael Torrens, president of 1st Choice Realty of South Florida, Inc. and de facto owner of First United Mortgage USA Corp., Daniel Ramos, Alfonso A. Muxo, a State of Florida certified real estate appraiser and owner of Palm Bay Real Estate Appraisals, Inc., and Katherine Harris, former president and part owner of Floridian Home Title Corporation, all of whom were charged with conspiracy to commit wire fraud and/or wire fraud for their participation in a massive mortgage fraud scheme.
Their scheme involved fraudulent mortgage loans obtained for the purchase of 28 properties located in Miami-Dade and Broward Counties, and in the City of Marco Island. All those charged in the conspiracy pled guilty, and are awaiting sentence.
Also charged in the Indictment were defendants Mario E. Diaz, Aurelio Pozo, Oscar Barreiro, Lellany Rodriguez, Jose Asensi, Carlos Morales, Damaris Jimenez, Lizabeth Perez, Mario Blanco, Rene Rodriguez, Tamaris Angulo, Alicia Loaiza, Ester Crespo, Jesus Enrique Guevara, Janette Lugo, Priscilla Fleitas, Erick Clavijo, Luis DeJesus Planas, Moises Llorens, Milva Roque, Aurora Ramentol, Gladys Lens, Nancy Fundora, Yanny Cruz Pavon, Roger Rosario and Jacqueline Perez-Castillo ("the straw buyer defendants"). These defendants were charged with wire fraud for their participation in this mortgage fraud scheme