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In the following To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. R. Alexander Acosta, United States Attorney for the Southern District of Florida, Jonathan I. Solomon, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office, Michael Fithen, Special Agent in Charge, U.S. Secret Service (USSS), Jon Rymer, Inspector General, Federal Deposit Insurance Corporation - Office of Inspector General (FDIC-OIG), Kenneth M. Donohue, Inspector General, U.S. Department of Housing and Urban Development - Office of Inspector General (HUD-OIG), Henry Gutierrez, Inspector in Charge, U.S. Postal Inspection Service, Michael E. Yasofsky, Special Agent in Charge, Internal Revenue Service, Anthony V. Mangione, Special Agent in Charge, U.S. Customs and Immigration Enforcement, Office of Investigations, Don B. Saxon, Commissioner, Florida Department of Financial Regulation, and Robert Parker, Director, Miami-Dade Police Department, gathered today to mark the end of year one of the Federal-State Mortgage Fraud Initiative, first announced in September 2007.
On September 27, 2007, U.S. Attorney Acosta announced a joint Federal-State Mortgage Fraud Initiative, designed to combat the growing mortgage fraud epidemic in South Florida. The Federal-State Mortgage Fraud Initiative brought together federal and state law enforcement to investigate and prosecute federally mortgage fraud offenders. In June 2008, the U.S. Attorney announced the formation of a Mortgage Fraud Strike Force within the United States Attorney’s Office (USAO) and the dedication of full-time attorneys and agents to the investigation and prosecution of mortgage fraud matters.
Together, the Federal-State Mortgage Fraud Initiative and the USAO Mortgage Fraud Strike Force have yielded substantial results. To date, 112 individuals have been prosecuted since Sept. 2007 for their involvement in mortgage fraud schemes that have resulted or were intended to result in the approval and issuance of more than $176,000,000 in mortgage loans.

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U.S. Attorney Alex Acosta stated, “We have learned the hard way that mortgage fraud affects each and every one of us. Mortgage fraud undermines the soundness of our financial markets and shakes public confidence in our banking system. Although increased prosecutions alone will not solve the mortgage crisis, we hope that these prosecutions will help deter future fraud.”
FBI Special Agent in Charge Jonathan I. Solomon said, “Mortgage fraud is a significant problem that affects our community and the nation. We are working with task forces and have designated additional resources to combat mortgage fraud, making it a top priority for the FBI.”
“In today’s uncertainty in the housing market and concurrent efforts to try to help homeowners in distress, it is all the more important that we remain dedicated to investigating and prosecuting those that would defraud the Federal Housing Administration,” said Kenneth M. Donohue, Inspector General of the Department of Housing and Urban Development. “The HUD Office of Inspector General remains committed to law enforcement efforts to bring those that would seek to profit while the American taxpayer is defrauded of critical programs in a time of extreme need.”
U.S. Secret Service Special Agent in Charge Michael K. Fithen said, “The Secret Service Miami Field Office embraces this new initiative to address the full scope of mortgage fraud schemes that continue to emerge and victimize south Florida. We will bring to bear our expertise and that of law enforcement partners from our Electronic Crimes Task Force and Financial Crimes Task Force to assist in these significant investigations.”
Henry Gutierrez, Inspector in Charge of the Miami Division of the U.S. Postal Inspection Service, added, “These investigations and prosecutions illustrate the South Florida law enforcement community’s commitment to root out those who perpetrate fraud. Mortgage fraud fuels our nation mortgage crisis, and fraudsters will be prosecuted.”
IRS Acting Special Agent in Charge Betty Stewart added, “Mortgage fraud is detrimental to our economy and erodes the integrity of our tax system. IRS-CI will continue to work with our law enforcement partners to aggressively uncover and investigate these types of fraud.”
“We at ICE are pleased to have been able to assist in today’s arrest of Sergej Tews and in investigating and combatting mortgage fraud here in South Florida,” said Anthony Mangione, Special Agent in Charge of the ICE Office of Investigations in Miami. “Mortgage fraud costs lenders and purchasers millions of dollars and undermines the credibility of the real estate industry. The Miami ICE Office of Investigations will continue to work to uncover illicit transactions in the mortgage industry and together with the law enforcement community is united in our resolve to disrupt criminal organizations and individuals that commit crimes against our society and the economy.”

Director Robert Parker, Miami-Dade Police Department, noted, “Approximately one year ago, the Miami-Dade Police Department joined Miami-Dade County Mayor Carlos Alvarez, as he established a county-wide Mortgage Fraud Task Force, and with the U.S. Attorney’s Office Federal- State Mortgage Fraud Initiative, to help combat real estate and mortgage fraud in our community. Today, our commitment continues. Since then, many investigators and resources have been dedicated to these types of crimes, and results have been promising. We will continue to do the work needed to re-establish confidence in the integrity of real estate transactions in our county. ”
Today, U.S. Attorney Acosta, joined by members of the Federal-State Mortgage Fraud Initiative, announced a string of recent mortgage fraud prosecutions, including (click on the names to read the full entry which are seperated to make search engine queries more specific):
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