Financial Fraud

Edwin Josue Herrera Rosales AKA Josh Herrera Pleads Guilty to Defrauding Homeowners

Edwin Josue Herrera Rosales, aka “Josh Herrera,” 34, of Washington, pleaded guilty today to a scheme to defraud 1,000 struggling borrowers facing foreclosure. Herrera Rosales pled guilty to one count of wire fraud conspiracy in connection with his operation of call centers known as “Sound Solutions Group,” “Community Assistance Hub,” and “Sienna Support Network” in California. Herrera Rosales and his accomplices distributed solicitation mailers to troubled homeowners across the nation. Herrera Rosales’ group said in the mailers that it could help borrowers pay down their mortgage debts and reduce their … Read more

Keith Ellison of Minnesota and Letitia James Leads Fight for Homeowners

Attorneys General Keith Ellison of Minnesota and Letitia James of New York are leading a unified delegation of 33 attorneys general in rejecting a proposed lawsuit settlement that would allow PHH Mortgage Corporation and its predecessor corporation, Ocwen Loan Servicing, LLC (collectively “PHH”) to continue profiting from often-illegal payment-processing fees charged to borrowers. For years, PHH has charged more than 17,000 Minnesota borrowers and over a million borrowers nationally a premium – ranging from $7.50 to $17.50 per payment – exclusively for making their monthly payment by telephone or via their … Read more

Andrzej Lajewski Charged in Mortgage Fraud Scheme

Andrzej Lajewski, 53, a real estate developer who managed Des Plaines-based Highland Consulting Corp. and Chicago-based Quality Management and Remodeling Inc., has been charged with three others for reportedly engaging in a $3 million mortgage fraud scam. As per a Jan. 28, 2021 indictment, Lajewski conspired with two lending specialists and the director of a remodeling firm to secure at least $3 million in residential mortgages by rendering and allowing to be made knowingly misleading statements to financial institutions about the buyers’ eligibility for the mortgages. According to the complaint, … Read more

David Daughtrey Sentenced for Bank Fraud

On counts of bank fraud and tax evasion, David Daughtrey, 60, of El Cajon, California, was convicted in federal court. Daughtrey pled guilty to one count of bank fraud and tax evasion, as well as one count of filing a false tax return, in July 2020. Daughtrey’s criminal behavior lasted ten years, from 2006 to 2016. Daughtrey evaded income tax for many years by underreporting his earnings and arranged an illicit scam to secure a mortgage for his $1.8 million home by a third party. In this scenario, the United … Read more