Financial Freedom has agreed to a settlement with the United States of more than $89 million to resolve allegations that it violated the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) in connection with its participation in a federally Read More

This report presents the results of our audit of the U.S. Department of Housing and Urban Development’s (HUD) fiscal year 2016 compliance with the Improper Payments Elimination and Recovery Act of 2010 (IPERA). For the fourth consecutive fiscal year,  we determined that HUD did not comply Read More

We audited the Inglewood Housing Authority (Authority) based upon issues with participant eligibility identified during our previous review of the financial operations of the Authority’s Housing Choice Voucher program, audit report 2016-LA-1013.  Our audit objective was to determine whether Read More

The U.S. Department of Housing and Urban Development (HUD) awarded the Miami-Dade NSP Consortium more than $89.3 million in Neighborhood Stabilization Program (NSP) 2 funds.  We audited two of the consortium members, Neighborhood Housing Services of South Florida, the lead member, and the Read More

CAMDEN, N.J. – The executive director of the Ocean City, New Jersey, Housing Authority (OCHA) today admitted embezzling federal funds received by authority from the U.S. Department of Housing and Urban Development (HUD), Acting U.S. Attorney William E. Fitzpatrick announced. Alesia Watson, 54, Read More

(Source: fox13memphis.com) MEMPHIS, Tenn. - A local real estate investor has pled guilty to a charge of bank fraud, according to the Department of Justice. In September of 2016, Thomas L. Boyd, 44, was indicted by a federal grand jury in connection with a scheme to fraudulently obtain Read More

Memphis, TN – A Memphis real estate investor has pled guilty to a charge of bank fraud. Lawrence J. Laurenzi, Acting U.S. Attorney, announced the guilty plea today. In September 2016, Thomas L. Boyd, 44, was indicted by a federal grand jury in connection with a scheme to fraudulently obtain Read More

The Office of Community Planning and Development (CPD) manages more than $14 billion in disaster recovery funding that Congress appropriated through the Disaster Relief Appropriations Act of 2013 (Public Law (PL) 113-2).  CPD distributed the funds to 34 grantees as Community Development Block Read More

PROVIDENCE – Former Real Estate Attorney Louis Marandola, 42, of Providence and Brian R. McCaffrey, 38, of Warwick, a former licensed loan originator, have been sentenced to federal prison for their participation in a scheme to obtain money they were not entitled to from financial institutions and Read More

Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that TIMOTHY W. BURKE, also known as “Bill Burke,” “William Burke,” “Kerry Saunders,” “Pat Riley,” “Jim Caldwell,” “Jim Saunders,” “Tom Morrisey,” “Jimmy,” “Phil Burke,” “Phil,” “Burt,” “James Burke,” and “M. Soler Read More

BOSTON – A Milford woman was sentenced yesterday in federal court in Boston in connection with embezzling over $70,000 in rent payments owed to the Framingham Housing Authority (FHA). Rosa A. Famania, 33, was sentenced by U.S. District Court Chief Judge Patti B. Saris to five months in prison and Read More

We audited the U.S. Department of Housing and Urban Development (HUD), Office of Community Planning and Development’s (CPD) Section 108 Loan Guarantees program.  We conducted the audit as part of our annual audit plan.  Our audit objectives were to determine whether HUD had adequate Read More

(Source: kjas.com) Federal authorities have announced that they have just completed an investigation of The Jasper Housing Authority and its executive director, John Molt, and the feds say they have discovered a pattern of abuse of capacity, misused equipment, and over $91,000.00 in misused funds Read More

SCRANTON - The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Ignacio Beato, age 46, of Hazleton, Pennsylvania, was charged in a one count criminal information on April 26, 2017, with conspiracy to engage in monetary transactions through a financial Read More

HAMMOND- Acting United States Attorney Clifford D. Johnson announced an indictment charging Ashley D. Dunlap, 54, of East Chicago, Indiana with two counts of uttering a counterfeit security. The indictment alleges, in July 2013, the U.S. Department of Housing and Urban Development approved federal Read More

(Source: The Times) HAMMOND — A contractor hired in 2013 to improve Gary Housing Authority properties was indicted last week on charges alleging he provided counterfeit financial documents to secure the $347,950 contract. Ashley D. Dunlap, 54, of East Chicago, faces two counts of counterfeiting Read More

In coordination with our Office of Investigations, we audited the Housing Authority of the City of Jasper, TX, because we received a complaint.  The complainant’s allegations included the executive director’s misuse of Authority vehicles and other issues.  Our audit objective was to Read More

We audited the Hammond Housing Authority as part of our annual audit plan to review public housing programs.  Our objective was to determine whether the Authority properly administered its U.S. Department of Housing and Urban Development (HUD) Section 8 Housing Choice Voucher program in Read More

We audited Health Concepts Ltd., a management agent that administers six Federal Housing Administration (FHA)-insured nursing homes.  We conducted this audit based on our review of the Pine Grove Health Center.  The review found that Pine Grove’s owners paid salaries for onsite staff Read More

ALEXANDRIA, Va. – Three co-conspirators who operated a nationwide, multi-year “home mortgage modification” fraud that scammed hundreds of victims out of at least $10 million were convicted today by a federal jury. “These defendants scammed hundreds of individuals and families who were trying Read More