Earlier today in federal court in Central Islip, New York, Edward J. Sypher, Jr., and Matthew T. Voss, senior executives at Long Island mortgage lender Vanguard Funding, LLC (Vanguard), pleaded guilty to conspiring to commit wire and bank fraud in connection with their diversion of more than $8.9 million of warehouse loans that Vanguard had obtained to fund mortgages.
Long Island mortgage executives charged with warehouse line fraud Three executives from Vanguard Funding are facing fraud charges related to their alleged misuse of nearly $9 million in warehouse lending funds. mortgage fraud bonnie Sinnock September 18, 2017.
Three senior executives at a New York mortgage lender were arrested Tuesday morning and charged with misappropriating $9 million from warehouse lines of credit meant to be used to fund mortgages.
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Earlier today, at the federal courthouse in Central Islip, Edward Sypher, Jr., formerly the Chief Financial Officer of Long Island mortgage lender Vanguard Funding, LLC (Vanguard), was sentenced.
On Saturdays Drew would boost his income by hawking wares that weren’t selling at his parents’ Long Island antique shop at a street fair. of New York at Oneonta with Drew and was working as a.
Get the best of The New Yorker in your in-box every. Still, he said, “I didn’t care so long as I got my house.”. Of all the institutions that were investigated for mortgage fraud after.
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Joseph DeSalvo, First American’s senior legal counsel, was asked why his company expensed trips with clients to Blush, a gentleman’s club just off of Route 454 on Long Island. charged a pick-up fee.
Financial Crimes Report 2006.. mortgage fraud, identity theft, insurance fraud, mass marketing fraud, and money laundering.. and former General Counsel William Sorin were charged with.
Then the company came in and paid off the first mortgage in my x wife’s name and now I’m being evicted from a home I’ve been in for twenty years that I dutifully paid for up until the very month.