California Real Estate Fraud Report

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03
Sep

Sacramento Woman Found Guilty in Mortgage Fraud Scheme

Anna Sorokina Kuzmenko, 33, a Sacramento-area woman, was found guilty of two counts of wire fraud related to mortgage fraud scheme in which she was a participant.

According to the court documents and evidence presented during the trial, she acted as a straw buyer for a house in Carmichael, applying for two loans to cover the entire purchase. She falsely claimed she was an orthodontist (she is not) earning $36,000 per month (she does not), had $42,000 in her bank account (she had very little), said she was a U.S. citizen (she is not) and never lived in the house, although she stated she would reside there.

The bank had been told the price of the home was $1 million but the seller accepted $800,000 and gave the overage back to the participants, which included Anna Kuzmenko‘s husband and other family members.

The house was ultimately foreclosed on by the bank after Ms. Kuzmenko defaulted on the mortgage.

No word on what the final (HUD-1) settlement statement looked like from escrow or how the scheme was detected.

Anna Kuzmenko was prosecuted by U.S. Attorney Benjamin B. Wagner’s Office.  “Mortgage fraud cases can be very challenging, but this office has developed considerable expertise in prosecuting them,” stated U.S. Attorney Wagner. “We are pleased that the jury held Ms. Kuzmenko accountable for her crime, and we will continue our efforts to hold accountable those who enriched themselves through fraud, and who contributed to the financial meltdown that hit our communities so hard.”

Read the original article in the CelebrityExaminer.

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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