California Real Estate Fraud Report

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Mountain House man sentenced for committing mortgage fraud

Stephen Pirt, 37, has been sentenced by United States District Judge Troy L. Nunley to two years and one month in prison for his role in a mortgage fraud scheme.

Evidence introduced by prosecutors for the U.S. Attorney’s Office at Pirt’s trial indicated that he and his co-defendant, Erik Hermann Green, submitted false and misleading documentation about their borrowers’ income, assets and employment to New Century Mortgage Co. and that they altered bank documents.

The case was the result of a joint investigation by the Internal Revenue Service — Criminal Investigation and the Alameda County District Attorney’s Office.  It was prosecuted by Assistant U.S. Attorney Michael D. Anderson and Special Assistant U.S. Attorney Josh F. Sigal.

Read the original article in the Stockton Record, including Judge Nunley’s comments to Stephen Pirt at sentencing.

© Copyright 2007-2018 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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