A Sacramento jury has convicted six people who acted as straw buyers in the fraudulent purchase of homes located in Roseville, Sacramento and West Sacramento.
Irina Markevich, 30, of Rio Linda; Anatoliy Markevich, 35, of Sacramento; and Marina Pukhkan, 53, of Rio Linda were each convicted of two counts of wire fraud, according to a press release by the U.S. Attorney’s Office, Eastern District of California. Daniil Markevich, 38, and his wife, Svetlana Markevich, 38, both of Escondido, and Alex Markevich, 40, of Rio Linda were each convicted of one count of wire fraud.
During the 12-day trial, prosecutors presented evidence that between February 2007 and March 2008, the straw buyers obtained home loans by submitting fraudulent loan applications and supporting documentation that also contained false information about their income, assets, bank accounts and intent to occupy the residences. The profits arose from puffing up the purchase prices and for payments for non-existent construction work.
The defendants allowed all of the properties to go into foreclosure after making only a few payments.